Wednesday, Jan 29 2020 | Time 03:59 Hrs(IST)
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  • Shah exhorts to resolve forest clearance, banking facility in each village
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  • MPHC applies brakes on OBC quota
  • US peace deal for middle east aims to erase Palestine's national project : Hamas
  • MP CM to inaugurate Cargo Terminal
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VFS opening new training centres

Kolkata, Jul 11 (UNI) Village Financial Services (VFS) is opening training centres in Kolkata, Siliguri and Tripura.
Indian micro-finance industry has witnessed extraordinarily high annual growth of about 45 per cent in the last few years, characterized by low defaults, low average operating cost ratios, high flow of funds from the commercial banking system, investment by private equity funds.
Still there are challenges faced by the sector.
The single biggest challenge for microfinance lies in the area of training and capacity development. On the supply side, lack of service providers and comprehensive, integrated and relevant training modules continue to pose difficulties. On the demand side, adequate training for senior management is missing.
To address this issue and challenge VFS has been consistent in its approach and methodology for training and capacity building of its human resource across hierarchy.
In this regard it has put in place training centres at Kolkata and Siliguri and one is in the pipeline in the state of Tripura.
" Plus from this facility we will be providing capacity building, training and skill development support to our customers as well," Dr Kuldip Maity, MD & CEO, VFS, said.
“The strategy adopted would definitely address the issue of capacity building, both at customers level well as at the level of internal resource. This would make the human resource tuned to serve its clientele more professionally and objectively and the customers would also able to utilize the credit in a more meaningful manner," he stated.
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Mishap claims youth

29 Jan 2020 | 3:34 AM

Sehore, MP, Jan 28 (UNI) A youngster died on the spot and his sibling was severely injured when their motorcycle was dashed head on by a pickup vehicle near Nipaniya Mod village on Tuesday evening, law-enforcement authorities said.
Chainpura Jhagriya village’s Ravi Malviya was returning home with Ashok when the incident occurred. The pickup consequently veered off the road, came to a halt at a farm and its driver absconded. Ravi perished whereas his brother is battling for life at a hospital.

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Collision claims 2

29 Jan 2020 | 1:16 AM

Chhindwara, MP, Jan 28 (UNI) Two teenagers died as a consequence of their motorcycle being rammed from the rear by a hitherto-unidentified vehicle in the vicinity of this district headquarters on Tuesday, law-enforcement authorities said.
Jamunia Pathar-residents Sagar and Kuldeep Nagwanshi were heading for Amarwara when the incident occurred. The duo succumbed while being rushed to an infirmary.

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Dentist kills self

29 Jan 2020 | 1:01 AM

Sehore, MP, Jan 28 (UNI) A dentist has committed suicide by consuming a poisonous substance at his Chanakyapuri Colony dwelling here, law-enforcement authorities said.
Amit Verma, who had a clinic in Ganga Ashram locality, took the extreme step late Monday. The motive is unclear. He was rushed to the District infirmary from where he was referred to Bhopal and succumbed on Tuesday.

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MPHC applies brakes on OBC quota

29 Jan 2020 | 12:46 AM

Jabalpur, MP, Jan 28 (UNI) The Madhya Pradesh High Court on Tuesday ruled that reservation for the Other Backward Classes would not exceed 14 per cent vis-a-vis the state Public Service Commission’s examination for selecting officials for 400 posts in various departments.
Chief Justice AK Mittal and Justice VK Shukla were hearing approximately a dozen petitions vis-a-vis the state dispensation raising the OBC quota to 27 per cent besides reservation for economically weaker sections. The next hearing is scheduled on February 12.

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MP CM to inaugurate Cargo Terminal

29 Jan 2020 | 12:06 AM

Bhopal, Jan 28 (UNI) Madhya Pradesh Chief Minister Kamal Nath is scheduled to dedicate to the public the state capital’s Raja Bhoj Airport’s Cargo Terminal on February 10.

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