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The Citi Foundation Helps India Prepare to Be World’s Youngest Population By 2020
Last year, Prime Minister Modi of India launched an ambitious project that aims to train over 400 million young people in different skills by 2022. The initiative is called ‘Skill India’, with the tagline - 'Kaushal Bharat, Kushal Bharat', which means ‘Skilled India, Successful India.’ Today, every third person in an Indian city is a youth. In about four years, the average-aged person will be 29 years old and very likely a city-dweller, making India the youngest country in the world by then. India is set to experience a dynamic transformation as the population burden of the past turns into a demographic dividend, but the benefits will be tempered with social and regional inequalities.
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- Uncategorized
- Region
- South Asia
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Over 70% of Accounts Opened Under India’s Jan Dhan Financial Inclusion Drive Are Now Active
More than seven out of every 10 bank accounts opened for the unbanked, mainly for direct transfer of benefits, are seeing transactions, data showed.
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- Uncategorized
- Region
- South Asia
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Designing a Hospital Like a Village Could Solve One of Africa’s Biggest Health Problems
There’s a courtyard with a space for gardening, cooking in a shared kitchen, and laundry done under the shade of a roof that collects rainwater. The Maternity Waiting Village at the Kasungu district hospital in central Malawi emulates the communal spaces of traditional villages. The goal of the design is to attract expectant mothers from remote areas to the facility before giving birth.
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- Health Care
- Region
- Sub-Saharan Africa
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Point/Counterpoint: Does Socially Responsible Investing Make Financial Sense?
Socially responsible investing has come a long way from the days when it mostly meant not buying the shares of companies in controversial industries such as tobacco, firearms, alcohol or gambling.
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- Investing
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- impact investing
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A future where ‘social’ is taken for granted
On average, stocks in India have plunged roughly 10 percent since the beginning of the year, but shares of the hospital chain Narayana Hrudayalaya have been trading at more than 10 percent higher than its public offering price.
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- Health Care
- Region
- South Asia
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Google India report: Mobile growth shaping India’s internet usage
Google India has put out a report which captures the incredible pace of Internet growth that India is witnessing.
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- Technology
- Region
- South Asia
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- research
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More phones, few banks and years of instability are transforming Somalia to a cashless society
In the streets of Mogadishu, the future has arrived: cash is disappearing, credit cards are unnecessary, and daily shopping is speedy and digital.
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- Uncategorized
- Region
- Sub-Saharan Africa
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China’s top five banks offer free mobile money transferring service
China's five biggest lenders announced to waive fees for money transfer services through mobile banking system and give a free allowance of 5,000 yuan via online banking transfers starting from today.
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- Uncategorized
- Region
- Asia Pacific
- Tags
- mobile finance
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