According to Bangladesh Bank Governor, Dr Atiur Rahman, m-banking services, introduced by 14 of the country’s leading commercial banks, make a monthly transaction of BDT 10 billion on an average. Read more here.
According to experts, there is massive potential for the adoption of mobile money in the Middle East. According to experts, while the better off economies of the west are taking time to adopt it, emerging markets have been swift in adopting this method. Read more here.
In India, 95 per cent of the population uses mobile phones. Banking transactions in India through mobile phones stood at INR 910 million in May 2011, and at INR2.86 billion in May 2012. Read more here and here.
Mobile money’s first successful stint was seen in Kenya with Safaricom’s M-PESA. Similar successful trends were followed in many East African countries. However, there are other developing countries in the world which could use the financial inclusion benefits of mobile money, but uptake has been low due to low enthusiasm […]
Vox Telecom has rolled out the country’s first Ka-band satellite service which will be instrumental in achieving high and reliable internet speeds. Although the service is meant to provide internet back up for urban users, according to Vox Telecom, their first priority is to provide much needed primary, high-speed and […]
This post enlists a few academic publications instrumental in understanding the patterns of internet usage in the developing world, as well as network traffic locality in rural African villages. Read more here.
The government of India recently announced a hike in allocation of grants to BPL families under the housing scheme IAY (Indira Awas Yojana) from INR 45,000 to INR 75,000 per unit, an increase of about 67 per cent. Read more here.
Under a 3-year programme to offer housing for the poor and underserved by the Prime Minister Nguyen Tan Dung, about 11,000 housing units, worth US$14 million have been built in the province of Dong Thap. Read more here. However, according to Dr Duong Chi Thien, head of the Viet Nam […]
Jamaica, which has been aggressively making affordable housing units for its poor in its direct approach to deal with lack of housing in the country has now partnered with Food for the Poor, an international charity, to provide as many as 9000 housing units to low income people across the […]
Eight Lessons Learned: Inputs for policy considerations in developing resilience against climate risks for small scale farmers in semi-arid regions, full report
India's latest GST reform, being termed as GST 2.0, is more than just slashing rates. By simplifying the tax structure, cutting levies on essentials, and supporting renewable infrastructure, it's open..
In 2023–24, Indian companies spent about ₹1,396 crore of their CSR budgets on sports — just 4% of the total ₹34,909 crore Indian corporates spent on CSR that year. Most of the rest went to edu..
Under the National Rural Livelihood Mission (NRLM), India has 7.5 million Women Self Help Groups (SHGs) spread across 27 states and 6 Union Territories. Each of these small, self-governed, and peer-co..