A new report entitled Improving Access to Finance for Women-owned Businesses in India (2014), jointly produced by the International Finance Corporation (IFC) and Government of Japan, underlines the importance of lending to women-owned micro, small and medium enterprises (MSMEs)* in India (see the link below). It discusses the problem of accessing finance faced by women entrepreneurs despite them having stronger repayment track records vis-à-vis men (non-performing loans are 30 to...

-The Hindustan Times Several important councils and committees formed and headed by Prime Minister (PM) Manmohan Singh have either not met even once or only rarely, according to a Right to Information (RTI) reply procured by HT from the Prime Minister's office (PMO). Important committees on nutrition, skill development, climate change, and micro, small, medium enterprises (MSME) - all under the PM's stewardship - haven't met for years, says the RTI query. Interestingly,...

-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...

-PTI The retail sector, where the government permitted foreign direct investment in multi-brand, courted controversies during the year with several opposition parties making it a political issue in Parliament. Even before its entry into multi-brand retail, the global chain Wal-Mart was grappling with various issues, including spending money in the US on lobbying for entry into India. Adding action to the drama was Swedish furniture chain IKEA's hectic bargaining with the government over...

-The Hindu How gender sensitive are the government’s flagship programmes, probes a report to be released today Why is the concept of ‘citizen’ always a male? Why is the formulation of government policies always male centric leaving out the female counterpart that actually constitutes half the population and contributes in equal measure to the economy? Perhaps keeping this in mind, UN Women and economists have come up with a report on eight flagship...