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
    • Energy: The state intends to implement another clean energy project spurred by the Kyoto Protocol
  • 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.