A new report entitled Improving Access to Finance for Women-owned Businesses in India (2014), jointly produced by the International Finance Corporation (IFC) and Government of Japan, underlines the importance of lending to women-owned micro, small and medium enterprises (MSMEs)* in India (see the link below). It discusses the problem of accessing finance faced by women entrepreneurs despite them having stronger repayment track records vis-à-vis men (non-performing loans are 30 to...

-Frontline Two draft Bills on the Tribal Sub-Plan and the Scheduled Caste Sub-Plan raise hopes of granting these decades-old schemes statutory status and ensuring allocation of funds in the Central and State budgets for their implementation. IN a significant legislative move, the Union government's Ministry of Tribal Affairs released a draft Bill for the implementation of the long-neglected Tribal Sub-Plan (TSP), a special programme mandated by the Planning Commission to benefit the...

-Live Mint For the first time, tribal communities in India will have a say in implementation of projects that affect them In the last six months, two key milestones have been reached in India around the protection of Adivasi rights. The first milestone was a ruling by Supreme Court in April which gave Adivasi communities in the Niyamgiri hills of Orissa the final say on plans by a subsidiary of Vedanta...

-The Hindu Jaipur: Rajasthan is set to play a major role in solar and renewable energy, according to its Governor Margaret Alva. "Energy is the key to progress. At the same time, it is a big challenge too. Rajasthan is a national leader in solar energy and under the Jawaharlal Nehru National Solar Mission, a majority of the solar projects are located in Rajasthan. In wind energy, India is globally positioned at...

-PTI Castigates the company for fraudulent practices in winning an aided project in Tamil Nadu The World Bank has barred Larsen & Toubro (L&T) from doing any business with it or the projects funded by it for six months, after finding that a senior executive of the conglomerate has indulged in fraud. The debarment will continue till September 6, making L&T ineligible for being awarded contracts for any World Bank-funded projects, from receiving...