Govt of India launches Jiyo Parsi scheme

With the aim to contain the dwindling population of Parsis in India, the Jiyo Parsi scheme has been launched by the Ministry of Minority Affairs, Government of India.

What is Jiyo Parsi scheme?

Jiyo parsi scheme has the objective of reversing the declining trend of Parsi population by adopting scientific protocol and structured interventions, stabilize the Parsi population and increase the population of Parsis in India.

Key features of the Jiyo Parsi scheme:
  • 100% financed by Ministry of Minority Affairs, Government of India.
  • Medical interventions under Standard Medical protocols in select hospitals/clincs.
  • Confidentiality of the patients to be given utmost importance.
Who will be the target group under Jiyo Parsi scheme?

The scheme is designed only for Parsi community. It will be available for Parsi married couples of child bearing age who seek assistance and adults/young men/women/adolescent boys/girls for diagnosis of diseases.

Month:,  Categories: Government Schemes & Projects

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Grameen Bank (Bangladesh) to be brought under Central Bank jurisdiction in Bangladesh

Screenshot_2The Grameen Bank, the Nobel Peace Prize winning microcredit organization of Bangladesh, will be brought under the control of country’s central bank to give the authorities more powers over the organization.

The decision by the government follows the recommendations of government-sponsored Grameen Bank Commission, which suggested bringing the bank under the regulatory control of either the Bangladesh Bank or the Microcredit Regulatory Authority to better monitor its activities.

Currently, the Grameen bank is being run by Grameen Bank Ordinance 1983 and it does not directly fall under the jurisdiction of the Banking Companies Act.

In 2011, the central bank of Bangladesh, the Bangladesh Bank, removed Nobel Laureate Dr. Muhammad Yunus as the Managing Director of Grameen Bank citing age limit.

About Grameen Bank:

The Grameen Bank is a Nobel Peace Prize-winning microfinance organization and community development bank founded inBangladesh. It makes small loans (known as microcredit or “grameencredit’) to the impoverished without requiring collateral. Grameen Bank originated in 1976, in the work of Professor Muhammad Yunus, Professor at University of Chittagong, who launched a research project to study how to design a credit delivery system to provide banking services to the rural poor. In 2006, the bank and its founder, Muhammad Yunus, were jointly awarded the Nobel Peace Prize.

Month: Categories: Business, Economy & Banking

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