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Government on Wednesday claimed in the Rajya Sabha that over three crore families had benefited from the National Rural Employment Guarantee (NREG) programme and Rs 8,000 crore had been transferred to the accounts of the beneficiaries. 

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 (as of November 2007). The investors in this final close is not known.  Lok Capital has already invested a total of $3 million in two MFIs – Janalakshmi in Bangalore and Spandana (alongwith JM Financial) in Hyderabad.

Google has launched a dedicated portal of Google services for non-profit organizations. Google for Non-Profits offers “a one-stop shop for tools to help advance your organization’s mission in a smart, cost-efficient way.” This site includes ideas and tutorials on ways Google tools can be used to promote non-profits, raise money and operate more efficiently.

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