INDIA Aparna Karanam OVERVIEW Country in South Asia Seventh largest country by geographical area Second most populous country Largest liberal democracy Coast line of over 7000 km Borders Pakistan to the west, Nepal, China and Bhutan to north-east, Bangladesh and Myanmar to the east.
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Pradesh – Region
(20% of work force)
(A cause for concern)
(Dr. Rajasekhar Reddy)
(Mr. Rameswar Thakur)
AT A GLANCE…
“The recent arrest of a suspected
Lashkar-e-Tayiba operative from Andhra Pradesh, in connection with the terrorist attack in the country holds a lesson: That Andhra Pradesh may swiftly becoming jihad's production factory”
Drought prompts the youngsters to become militants
Youngsters have no jobs, and some of them may be falling prey to the designs of fundamentalist groups
"I also come from a farmer's family and I have some idea of the suffering and difficulties of the farmers, but after what I have seen and heard here today, I have come to know the extent of the sufferings and losses of the farmers for the first time."
Prime Minister, India
Farmers have been taking their lives in Andhra Pradesh after failing to repay high-interest loans from private money lenders
Analysts say the spate of suicides points to the complete collapse of cheap and affordable government credit to farmers.
ROLE OF E-BANKING
The poor should not be shut out of the resources for the risk they bear; on the contrary, the poor need additional services to mitigate that risk
collateral substitutes be used within a more formalized banking system?
the clients (borrowers) and institutions (lenders), such as deposit insurance and contract enforcement?