Neglected by conventional banks, low-income women in Satara have set one up themselves. Not long after Chetna Gala Sinha came to the drought-stricken region of Mhaswad in western Maharashtra to marry a farmer and prominent local social activist, she began putting her university degree in finance into action. Local women, she observed, were wearing themselves out in subsistence livelihood such as growing grapes or selling vegetables. In 1992, Chetna, who grew up...

-CNN-IBN CNN-IBN has exposed an employment guarantee scam in Congress Chief Sonia Gandhi's constituency Rae Bareli where fake job cards are being used to siphon off Money. An RTI application has thrown up some uncomfortable facts in this constituency where in the last 2 years, Rs 280 Crores were spent in Rae Bareli's MNREGS projects, but God knows where exactly is the Money going! The national rural employment guarantee scheme is credited with...

-The Times of India The Central Bureau of Investigation (CBI) on Thursday morning issued notices to 11 officers, contractors and politicians summoning them to Delhi headquarters of the agency for questioning in connection with the National Rural Health Mission (NRHM) scam. In Lucknow, a dozen member team of the CBI has started visitng the primary health centers and community centers to verify if the Money sanctioned to the people under different...

The Jharkhand government has appealed to Maoist rebels to make a fresh beginning in the New Year by surrendering to the rule of law, as it responded to feelers from a section of cadres, but did not promise any let-up in ongoing anti-rebel operations. The government gave a month’s time to active members of CPI(Maoist) to return to the mainstream, through an advertisement in local dailies on December 31. In the public...

The Central Bureau of Investigation has registered five new cases, including one against the former Family Welfare Minister of Uttar Pradesh, Babu Singh Kushwaha, pertaining to alleged irregularities in the implementation of the National Rural Health Mission (NRHM) funds, leading to a loss of Rs.28 crore to the exchequer. The investigating agency seized valuables, cash and documents during the searches conducted at 60 places in Delhi, U.P, Haryana and Madhya...