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Evening Edition

For your reading pleasure:

  • Government and Inflation: After meeting with the Cabinet Committee on Prices, PM Manmohan Singh announced a multitude of measures to rein in inflation. In related news, rising prices could deal a significant blow to the US-India nuclear agreement due to the potential for political fallout.
  • Microfinance: VC Circle reports that Lok Capital, a micro-finance focused VC fund will be in investing $1.25 million in Delhi based MFI Satin Creditcare Network Ltd. Staying with Microfinance, Govt. of India is introducing a scheme called ‘Rashtriya Swasthya Bima Yojana’ (RSBY), which will provide cashless health insurance to families living below poverty line, using smart-card technology (via igovernment.in)
  • Higher Education: Economic Times reports that 29 Indian students from colleges across the country have been chosen to participate in the Goldman Sachs Global Leaders Program (GSGLP). They get a $3000 grant and a chance to participate in the Goldman Sachs Summer Leadership Institute.

Prerna Srivastava

Prerna Srivastava graduated from Bryn Mawr College with a BA in Political Science and Education, and worked for two years in corporate law and management upon graduation. Realizing that her passion lay in international development, however, Prerna left her job, and pursued a one year Indicorps Fellowship with SEWA Rural, where she facilitated the formation of self help groups (SHGs) for women and girls in rural Gujarat, India. This grassroots development experience, in combination with her prior work as a sex workers’ rights advocate with Point of View, reaffirmed Prerna’s belief in women’s latent potential to uplift their families and communities from poverty. With this underlying philosophy in mind, Prerna hopes to one day return to rural India in order to establish social and economic empowerment programs for underprivileged women and girls. For now, however, Prerna is pursuing her graduate degree at the Harvard Kennedy School, as well as working as a consultant for ClickDiagnostics, which has the mission of integrating health and mobile technology for the betterment of health outcomes in developing countries.