Page-31 of Socio-Economic

Provide loans to women SHGs at 7%: RBI to banks

November 22, 2013

The RBI has directed Public Sector Banks (PSBs) to give loans to women Self Help Groups (SHGs) at a rate of 7% per annum so as to provide them the benefit of interest rate subvention scheme under the Swarnajayanti Gram ..

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World Bank Study: 53% of Indian households defecate in the open

November 19, 2013

As per a recent paper/ report titled ‘Effects of Early-Life Exposure to Sanitation on Childhood Cognitive Skills’ released by the World Bank on the eve of the first ever UN World Toilet Day: Owing to absence of toilet or latrine ..

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China to relax one-child policy

November 16, 2013

In a major policy shift, China has announced to ease its one-child policy as part of its reforms package. As per the announcement, couples in which one member is an only child will be allowed to have two children. While most ..

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China to move towards mixed ownership economy to check economic slowdown

November 16, 2013

The Chinese leadership of Communist Party of China (CPC) has decided to allow more private capital into the market including equity stakes in projects with state funds with the intention to develop a mixed ownership economy. The Chinese leadership has decided ..

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Female participation in voting improved over last 50 years

November 10, 2013

As per an analysis of 50 years of Election Commission data for the Assembly elections held between 1962 and 2012 in 16 major States, there has been a significant improvement in the sex ratio of the electorate as compared to ..

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Brazil celebrates 10th anniversary of Bolsa Familia

November 8, 2013

Brazil is celebrating a decade of a social programme Bolsa Familia (Family Grant) that has lifted 50 million people out of poverty and inspired policies in more than 20 nations including India.  On this occasion, Brazilian President Dilma Rousseff has pledged ..

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MEA launches Passport Seva mobile app for Windows & Apple platforms

November 7, 2013

The Ministry of External Affairs (MEA) has launched its Passport Sewa mobile application for Windows and Apple iOS platforms. The Ministry is encouraged by the public response it received for app’s android version it had released in March this year. What is ..

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Global billionaire population reaches 2,170 billionaires; Asia fastest-growing region

November 7, 2013

According to the Wealth-X and UBS Billionaire Census 2013, Asia has recorded the largest increase in its billionaires club in the world adding 18 new billionaires in 2013, making it the fastest-growing region. The study was centred solely on persons with a net ..

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Nature of CSR spending rests with company’s board: Ministry of Corporate Affairs

November 6, 2013

Union Minister for Corporate Affairs Sachin Pilot clarified that, while the new Companies Act, 2013, stipulates the portion of profits that companies must spend on Corporate Social Responsibility (CSR) every year, they have the freedom to choose the specific activities ..

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Exercise caution while accepting PIL challenging public appointments: Supreme Court to HCs

November 5, 2013

The Supreme Court clarified that the jurisdiction of the High Court while issuing a writ of quo warranto  is a limited one and can be issued only when the person holding the public office lacks the eligibility criteria or when the ..

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