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The Formal Aspects of Computing Science (FACS) Specialist Group of the British Computer Society set up a seriesof evening seminarsin 2005to report on advances in the application of formal design and analysis techniques in all the stages of software development. The seminars attracted an audience fromboth academiaand industry, andgavethem the opportunity to hear and meet pioneers andkeyresearchersin computing science.Normally it wouldbe necessaryto travelabroadand attend an internationalconference to be in the presence of such respected ?gures; instead, the evening seminar programme, overa...

The Formal Aspects of Computing Science (FACS) Specialist Group of the British Computer Society set up a seriesof evening seminarsin 2005to report on advances in the application of formal design and analysis techniques in all the stages of software development. The seminars attracted an audience fromboth academiaand industry, andgavethem the opportunity to hear and meet pioneers andkeyresearchersin computing science.Normally it wouldbe necessaryto travelabroadand attend an internationalconference to be in the presence of such respected ?gures; instead, the evening seminar programme, overa...

Credit is the lifeblood of modern economic system, in absence of which no system can survive. It acts as lubricating oil to swiftly move the wheels of economic development. In economic development of India, agriculture still forms the base, which is not away from the need of credit. Farmers need much more capital than they can afford to save. A number of policies have been made to infuse social responsibility in the formal financial institutions to extend credit to rural areas, and succeeded in establishing a vast network of financial institutions. But, quantitative progress at the cost of...