Economy News Notes:

Union Commerce and Industry Minister Anand Sharma on Friday unveiled a new corporate logo for the National Textile Corporation (NTC), reflecting the new face of the state-owned enterprise as part of the plans to make it a world-class textile company.
NTC had made a turnaround within a short span to emerge as a debt-free company with a highly competitive revival strategy
Apart from re-branding, NTC had developed a new marketing and corporate strategy that included revamping of all NTC stores and setting up of new stores

The Centre is working to launch a scheme in the coming 12{+t}{+h}Five-Year Plan period to facilitate street vending.
The scheme will have provisions for supporting development of vendor markets and vending zones, registration of street vendors, and facilitation of access to credit, besides demarcation of vending spaces.
street vendors had a prominent place in the urban supply chain and were an integral part of the economic growth process in urban areas

The UK Government's Department for International Development (DFID) launched (on 3rd Dec, 2011) its first private sector development programme in India in partnership with the Small Industries Development Bank of India (SIDBI)
The programme Samriddhi is aimed at helping the poor people in India's low income States (including Bihar, Madhya Pradesh, Odisha and Uttar Pradesh) get access to financial services to improve their income and quality of life as well as by promoting responsible and sustainable private sector investment.

But it has been radically re-engineered in response to criticism that as one of the world's fastest growing economies New Delhi does not “deserve” foreign aid, and British aid to India was “not for ever” and there were no commitments beyond 2015.
The restructured programme, which has resemblance to a sovereign wealth fund, is designed to bring returns to the recession-hit British taxpayers.
It will see half the aid budget for India invested in private sector enterprises that are already working with poor people such as Milk Mantra, a dairy in Orissa which buys milk from small farmers.