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Get generic medicines dirt cheap by month-end
The state government is to launch Jan Aushadhi Stores (JAS) in 254 locations across the state with an aim to provide generic drugs at affordable prices. The new scheme will strengthen supply of generic drugs in government-run health centres.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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Cash transactions surge at Indian microfinance firms after note ban
Restrictions on cash withdrawals have had the perverse effect of boosting cash transactions in microfinance companies. Microlenders are hoarding cash received in repayments and then disbursing it to customers directly rather than depositing it into bank accounts, officials of at least three firms said.
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- Technology
- Region
- South Asia
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E-transactions begin at health centres too
On the lines of Centre's vision, state health department is encouraging women to open bank accounts. Women visiting primary health centres (PHCs) will have to open bank account to get incentives assured under various social schemes by the government .
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- Health Care
- Region
- South Asia
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Indonesia’s farmers to enjoy microloan boon next year
Indonesian farmers can expect to find a micro-credit program specifically designed to fulfill their financing needs next year. On Tuesday, President Joko “Jokowi” Widodo called on his Cabinet to design a micro-credit program specifically designed for the agriculture sector to increase the amount of financing farmers could receive. He acknowledged that the current micro-credit program was too broad.
- Categories
- Agriculture
- Region
- South Asia
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Paytm to merge its mobile wallet service with its payments bank in India
One 97 Communications, the parent company of digital payments provider Paytm is preparing to merge its wallet service with the eponymous payments bank-- the licence for which is owned by its founder Vijay Shekhar Sharma— once it receives regulatory approval.
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- Technology
- Region
- South Asia
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Grameen Foundation lndia Launches G-LEAP e-Learning App
Grameen Foundation India, a technical services provider dedicated to advancing financial inclusion, launched Grameen Learning Program (G-LEAP), a first of its kind e-learning app for microfinance institutions which enables any-time, any-where learning. Powered by Handytrain, the app will help organizations train frontline microfinance staff and agents quickly and cost-effectively, anywhere and at anytime.
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- Technology
- Region
- South Asia
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Indians Skipping Plastic Money, Leapfrogging to Mobile Wallets
Unlike the West, Japan and China, which slowly graduated from landline to cordless to cellular telephony and from cash to plastic to mobile payments mode, India has virtually skipped the intermediate stages — cordless telephones and plastic money — of this technological revolution and jumped into cellular telephony and digital banking transaction.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Where Do Microfinance Firms Go From Here?
If you have your ear to the ground, you may hear 1.2 million employees of the Indian microfinance industry singing an old song of country-and-western singer and songwriter Jim Reeves:
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance