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International day for persons with disabilities on 3rd December - Note on schemes for the welfare of persons with disabilities and concessions available to them. The Government of India is committed for the realization of full participation, protection of rights, and equal opportunities to all including persons with disabilities. India is a country where most of the population lives in the rural areas and accessing the health and rehabilitation services has always been a challenge. In a Backgrounder issued yesterday, a brief summary of the major steps initiated by the Ministry of Social Justice & Empowerment in this direction were given. Following is the Background Note on the legislative and Institutional framework along with the major schemes of the Ministry of Social Justice & Empowerment for the welfare of the People with Disabilities (PwDs). The Note also contains information on facilities and concessions available to PwDs under other central schemes which are being run by other Union Ministries. OFFER ON INTERNATIONAL DISABILITY DAY Wheelchair @ 4499 INR Tricycle @ 6500 INR Legislative Framework: There are four important legislations dealing on disabilities issues- The Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act, 1995, has laid the foundation of recognition of rights for Persons with Disabilities and has facilitated development of specific programmes for their education, rehabilitation, employment, non-discrimination and social security. The Rehabilitation Council of India Act, 1992 regulates and monitors training of rehabilitation professionals and personnel. The National Trust for the welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999, aims at enabling and empowering persons with disabilities to live independently as fully as possible in their community. Mental Health A

In 2003 Rana Kapoor grabbed the opportunity to display his financial foresight and founded Yes Bank. His magnetism captured the public eye for a long time. Known for his meteoric rise and entrepreneurial success, let us get to know the man behind this enterprise who singlehandedly turned this brand new bank into the 4th largest private sector bank in India in a matter of a little over a decade. Birth of A Passion Born to a middle class family in Delhi, Kapoor had big dreams as a child. He often shared his dreams of starting his own company with his grandfather, who had immense trust in the young grandson's dreams. After graduating from Shri Ram College of Commerce in New Delhi in 1977, he went off to USA to fulfill his dreams. He enrolled for MBA at Rutgers University in New Jersey. It was this stint that got him deeply inspired to pursue a banking career. He wanted to create something big, in this model, back in India. But before that he needed some more experience. Thus, upon the completion of MBA, he began his banking career as a management trainee in the Bank of America (BoA). With a deep passion for banking, Rana Kapoor's career flourished in 1980 at Bank of America (BoA), as he rose the ranks. His stance of taking intuitive risks, which brought him success every time, was highly commended by his employers. In 1990, he was awarded the coveted Eagle Pin by the chairman of the bank. With such a promising career trajectory, soon he became the head of their wholesale banking business as well as several high stakes assignments in various countries of Asia. However, all that success was not enough for him, as he had bigger dreams, of starting his own venture. After nearly a two-decade-long flourishing corporate career, Kapoor was resolved to embark on his own venture. He wanted to create something that he could call his own. He kept yearning for creative independence and even came up with an interesting business plan to create a non-banking finance company with f

India and US on Tuesday launched a financial and economic partnership, focusing on micro-economic finance and infrastructure, in an effort to elevate their bilateral relations.

US Treasury Secretary Timothy Geithner will discuss opening India's vast infrastructure needs to financing from US companies, financial investment and economic stability during a visit next week.

Finance Minister Pranab Mukherjee on Wednesday said India had recovered from the global financial meltdown and the economy was in far better shape than it was a year ago to clock high growth.

Historic decisions taken by the World Bank to increase the financial capacity of the Bank and give more voice to the developing countries would greatly benefit India both as a borrower and a shareholder, Indian officials said.

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RBI launches New Digital Currency in India, in 2022, with an aim to provide an alternative to physical cash & develop the next-generation financial system of India.

The World Bank said its total loan support to India, for development of small and long term projects, will reach $9.3 billion by the end of the bank's financial year in June.

India has cleared on Friday that it does not favor taxing banks to create a corpus for future bailouts and stressed the importance of well-placed regulations to detect and contain any deviation in financial institutions' functioning.

Recovering rapidly from the global financial crisis, India is poised to grow at 8 percent this year, but inflation and excessive capital flows could pose a challenge, a gathering of world finance ministers was told on Saturday.

Arun Maira, Member, Planning Commission and John Ridding, CEO of Financial Times, believe that the potential for India in terms of print, television and internet media are immense.

India has cleared on Friday that it will keep unwinding economic stimulus deployed during the financial crisis and continue raising interest rates despite uncertainty linked to euro zone's debt woes.

Amid fragile global economic recovery and persistent financial woes in Europe, India is looking for taking a plunge into the relatively less-explored countries of Africa.

The government will borrow USD 64 billion in the first half of the 2010-11 financial year, Finance Secretary Ashok Chawla said on Monday.

India lacks skills necessary to exploit the potential of the textile sector in the world market, especially in technical textiles. This was stated by G. Somasundaram, Head, Industry Linkages (Skill Development), Infrastructure Leasing and Financial Services Cluster, Bangalore while addressing a one-day workshop on Fashion Business-Emerging Opportunities - Indian Garment Industry.

Startup India is a central authority initiative to enhance the financial system through producing employment thru new marketers.

SMS GupShup which operates an SMS-based social networking platform in India says that mobile advertising is the best way out for small and medium enterprises (SMEs) in a price-driven market like India as the company targets a revenue of Rs.100 crore by the end of the current financial year.

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A recent media report has said that a large number of micro and small ancillary units in the vicinity of Automobile Corporation of India Ltd (ACGL) at Honda in north Goa fear financial crisis and apprehend a closure in near future owing to loss of work orders following workers problem in the ACGL for the last few months.

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