ILO Microinsurance Internship Opportunity in India 2011

Internship The Microinsurance Innovation Facility is offering a six-months internship. This intern will support the activities of the Consulting & Capacity Building Programme. Application deadline is 31 March 2011 for India. Fellowship programme Fellowships allow young professionals to gain hands-on experience in microinsurance by working onsite in a microinsurance programme under the remote guidance of a … Continue reading “ILO Microinsurance Internship Opportunity in India 2011”

Making Insurance markets work for farmers in India

The World Bank has released a report on the state of crop insurance for farmers in India and various problems that plague this sector. Abstract India’s crop insurance program is the world’s largest with 25 million farmers insured. Yet 85 million farmer households are not covered. Issues in design, particularly related to delays in claims … Continue reading “Making Insurance markets work for farmers in India”

Banks restructure loans for MFI’s, reduce interest rate to 12% – ND4

Banks ready with MFI loan rejig plan Banks have prepared a blueprint for restructuring loans to microfinance institutions (MFIs). According to the proposal, institutions like SKS Microfinance, Spandana Spoorthy, Asmita, Basixs and Share Micro Finance would be given a maximum of 10 years to repay the loans at an interest rate of 12%. TOI Bihar … Continue reading “Banks restructure loans for MFI’s, reduce interest rate to 12% – ND4”

ESAF included in Sanchar Sakthi scheme

ESAF has been selected as the implementing partner for the project Sanchar Sakthi scheme, in Kerala and Tamil Nadu along with Sasken Communication and Technology Group. Sanchar Sakthi project was launched by Honourable President Smt. Pratibha Patil early this week in New Delhi. The project is a DOT-USOF’s ‘Scheme for Mobile Value Added Service (VAS) … Continue reading “ESAF included in Sanchar Sakthi scheme”

This is not Poverty, This is Hypocrisy

By Tensing Rodrigues When we pulled into CST at six in the morning, the station was full; full of people who had probably arrived earlier or waiting to catch later trains; but many of them had probably spent the whole night at the station, probably many nights. They were still asleep, spread out over the … Continue reading “This is not Poverty, This is Hypocrisy”

UIDAI institutes Aadhaar Governance Award

Unique Identification Authority of India (UIDAI) has instituted an ‘Aadhaar Governance Award’. The award is instituted to acknowledge, recognise and reward the extraordinary and innovative work done by District Collectors/Deputy Commissioners in using the Aadhaar number to improve the service delivery in their respective districts for more transparent, efficient and effective governance. Shri R S … Continue reading “UIDAI institutes Aadhaar Governance Award”

RBI Group to examine issues related to NBFC Sector

The Reserve Bank of India has announced that it has constituted a Working Group under the Chairmanship of Smt. Usha Thorat, Director, Centre for Advanced Financial Research and Learning (CAFRAL) to examine a range of emerging issues pertaining to regulation of the NBFC (non-banking financial companies) sector. Last week, the RBI had rejected the demand … Continue reading “RBI Group to examine issues related to NBFC Sector”