-Business Standard While allocations to several social sector schemes have been increased, concerns about the direction of the funds being ploughed remain The health and education sectors have trudged along the last two years awaiting direction that would be set through new policies the National Democratic Alliance government promised. In the absence of these guiding documents, most observers have been left to read the intermittent policy decisions like tea-leaves to guess the...
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Crop insurance revisited
-The Hindu Business Line India should fine-tune its scheme to make it WTO-compliant The fact that the Centre’s new crop insurance scheme has hit a WTO speedbreaker does not really surprise. The EU, Canada, Australia and Thailand have implicitly said that in its present form, insurance payouts cannot readily be placed in the ‘green box’ — one that exempts certain expenditures from farm subsidy calculations for WTO purposes. They have, in effect,...
More »Dr ABP Pandey, Director General and Mission Director of UIDAI speaks to Nitin Sethi
-Business Standard Dr A B P Pandey, Director General and Mission Director of UIDAI speaks to Nitin Sethi on how the efficacy of Aadhaar will be monitored and what challenges it faces as it reaches the 100 crore enrolment mark. * Challenges now that the law is in place… Once the law is notified, then one be the procedural challenge. Government will have to notify necessary rules under the law and UIDAI will...
More »Aadhaar-linked LPG: Govt says Rs 15,000 cr saved, survey says only Rs 14 cr in FY15 -Nitin Sethi
-Business Standard Research says Aadhaar was not necessary for de-duplication exercise What has been the net benefit that arose out of using Aadhaar within the Direct Benefits Transfer of liquefied petroleum gas (LPG) or PAHAL scheme as it is now called? Research done by the International Institute for Sustainable Development (IISD) says the benefit from Aadhaar in the scheme through de-duplication of records was at best limited to Rs 12-14 crore in...
More »Why microfinance is fading out -M Sureshbabu and Arun Kumar Gopalaswamy
-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...
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