-The Hindu Business Line A flexible approach to collateral will improve access to bank funding. Red tapism too is a perennial concern If the Make in India campaign has to be successful and help many in our country, we need to focus on enabling small units to function and contribute. A major problem small and medium units face is that of finance. Banks and financial institutions are always very wary of assisting them...
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Evidence matters to policymaking -Howard White & Radhika Menon
-The Hindu The challenge for the Modi government is to evaluate what works in development programming before making large spending decisions Governments in India have always launched big-ticket social development programmes with ambitious goals. The Narendra Modi government is no exception. Swachh Bharat Abhiyan aims to make India open defecation-free by 2019. The Pradhan Mantri Jan Dhan Yojana's financial inclusion programme set a target of opening 10 crore Bank Accounts by January...
More »Amendments to anti-graft law soft on private sector, fall short of UN convention -Pradeep Thakur
-The Times of India NEW DELHI: The NDA government, which came riding on a huge anti-corruption wave wiping out Congress last year, has dropped crucial amendments to the Prevention of Corruption Act that would have ensured India ratifying the UN Convention Against Corruption (UNCAC). Sources said the government has not considered incorporating Article 12 and 16 of the UNCAC in the proposed amendments to the Prevention of Corruption (PC) Act likely to...
More »India's rural employment programme is dying a death of funding cuts -Jayati Ghosh
-The Guardian After a decade of success, the landmark scheme is being starved of money by a central government seemingly intent on reining in rural wage growth Ten years ago this week, the Indian parliament unanimously passed the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). It was a historic legislation based on two interlinked goals: ensuring livelihood security to rural residents by providing at least 100 days of guaranteed wage employment...
More »Rural reach -Amita Sharma
-Financial Chronicle From the inner recesses of Chattisgarh to the upper crevices of Sikkim, a look at how MGNREGA initiatives are changing lives The large blackboard outside the police station reads like a rate list. There are different monetary awards for Naxalites' surrender with different weaponry, the highest, Rs 4.5 lakh, for surrender with a light machine gun, Rs 3 lakh with an AK 47, and only Rs 30,000 with a 12...
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