TC-I Tidbits

Here is your daily dose of headlines about innovative or anti-innovative ideas from around the country:

  • Microfinance
    • ACCESS Development Services and Agency for Technical Cooperation and Development will work to build cooperation between Europe and India to assist 20 MFIs in the country.
    • SKS Microfinance and Bajaj Allianz will form a partnership to provide clients with insurance products.
    • Standard Chartered expects to ramp up its investment in Indian MFIs.
  • Global Trends
    • The lure of high salaries and chance of returning home has encouraged many non-returning Indians to become returning ones.
  • Central Government
    • Power Generation and Transmission
      • In order to address load demands between the two countries, India and Sri Lanka will build a power line between them to help each deal with supply shortages.
      • The centre’s support for private initiatives to produce and provide hydro-electric power has come under scrutiny for whether only the wealthy have enjoyed access to the energy.
      • The government also presented its report on the safety of its proposed civilian nuclear program at the Convention on Nuclear Safety.
    • Climate Change
      • Pushing forward on the way the country will tackle global warming, the federal government looked to split up the effort into three parts.
  • State and Local Governments
    • Andhra Pradesh
    • Maharashtra
      • Education: Proposed rules will prohibit private school teachers from providing tuitions outside of the classroom, in order to eliminate the chance that these teachers favor these tutees over their own students.
    • Pune
      • Health: A NGO here utilizes pets to bring about emotional stimulation in autistic children.
    • Visakhapatnam
      • Housing: The ‘Rajiv Swagruha’ scheme has finally become a reality — promising the ability to own housing for over 10,000 applicants has begun, with the first acquisition of land by the city.
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