Midday Newsfeed

  • Renewable Energy: The Ministry of New and Renewable Energy in India has announced a demonstration programme to support mega watt size grid interactive solar power generation projects, up to a maximum capacity of 50 MW, in the country. Similar efforts have been pushed by Himachal Pradesh’s CM, in an effort for more hydel power Public-Private Parnterships with entrepreneurs.
  • Insurance: A cashless health insurance program has been unveiled to target those under the poverty line. In a related story, Haryana’s government plans to invest 100RS per month per Anganwari worker for insurance through Life Insurance Corporation of India.
  • Microfinance: Lok Capital LLC, an India focused microfinance venture capital fund, has raised its fund size by about 80 per cent to $22 million from $14.5 million. Also, two Indian MFIs have received funding from Oikocredit, a Dutch cooperative fund.
  • Food supply and prices: UN report claims that Asia’s poorest being harmed by biofuels with regard to rising food prices. In a related news story, the World Bank has come out to say that the era of cheap food may be over. Bringing this problem home, one final story brings to light the likelihood of a food shortage in India. (this article was in the yesterday’s Evening Edition).
  • Human interest/child marriage: 13 year old girl stands up against child marriage.
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