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75% of Jan Dhan accounts empty: Indian financial inclusion scheme may be missing its objective
Initial indications from the data on Prime Minister's Jan Dhan Yojana (PMJDY) are that the grand financial inclusion scheme of the Narendra Modi government has failed to achieve its original objective - to encourage the country's vast unbanked poor population to use bank accounts for cash transactions.
- Categories
- Uncategorized
- Region
- South Asia
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India Post keen to become a universal bank
India Post is interested in turning itself into a universal bank like many of its peers across the world and a committee under former Cabinet Secretary TSR Subramanian is looking into the matter, a senior department official said today.
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- Uncategorized
- Region
- South Asia
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PRESS RELEASE: Accion and MasterCard Foundation Partner to Strengthen Board Governance in Africa
The Center for Financial Inclusion at Accion today announced a $6.1 millionpartnership with The MasterCard Foundation to launch the Accion Africa Board Fellowship program.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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OPINION: Financial inclusion is key to addressing America’s two-speed economic recovery
I’ve had the opportunity over the last few months to meet bankers and regulators from around the world to discuss their economic growth plans, the impact of rising inequality in wealth and incomes, and in some cases, extending the reach of their financial systems.
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- Uncategorized
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Taxi-hailing smartphone app Uber to launch mobile wallet in India
The taxi-hailing smartphone app Uber will launch a mobile wallet in India after its payment mechanism came under the RBI scanner for flouting the mandatory two-step verification on card transactions earlier this year.
- Categories
- Technology
- Region
- South Asia
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SunFunder Completes New Round Of Funding
SunFunder, the US crowdfunding company dedicated to funding off-grid solar projects in developing countries, announced Wednesday that it had completed its Series A equity round of funding, raising $2.5 million. The announcement came following investments from Schneider Electric, Better Ventures, and a private family foundation based in Palo Alto. This latest announcement follows on from an original Series A investment made by Khosla Impact and a group of existing angel investors.
- Tags
- crowdfunding, solar, venture capital
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Mobile technology reduces maternal mortality
Abdul-Rashid Imoro, Project Officer of Sexual Reproductive Health Rights (SRHR) of Savana Signatures, a Tamale NGO, has said some health facilities in the Northern Region had recorded zero maternal mortality due to mobile phone technology the NGO had introduced in the area
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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OPINION: Sterlisation deaths: A rotten healthcare system continues to play havoc in Chhattisgarh
The sterilization camp that left 13 women dead and many battling for life has exposed the rotten healthcare system in Chhattisgarh, yet again.
- Categories
- Health Care
- Region
- South Asia
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