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Manna for the masses – The demand for small loans from the country’s urban and rural poor is estimated at Rs 45,000 crore.

Others | Dec 21, 2003

Why then hasn’t micro-financing taken off?

Ms Nilekani has funded, Sanghamitra, which is a micro-financial institution that’s targeted at the urban poor. If you’re still wondering what such an institution does, well it’s actually pretty simple; It offers loans to the poor at decent rates.

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Rohini Nilekani Sells Infosys Shares, Raises $27 Million For Charity

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Premier Book Shop

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Domestic Labour-at what cost

The average pay given to a Domestic Servant is Rs.30, merely half the cost of a cotton sari. On the rare occasion that they ask for a raise they are merely asked to quit.
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