-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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India must fight US-WTO designs to block growth of solar energy -Raghu
-People’s Democracy In the last week of February, a panel set up by the WTO’s Dispute Settlement Body ruled against India on a complaint by the US in early 2013 that India’s Domestic Content Requirement (DCR) for some solar power projects violated WTO prohibitions on measures that result in “less favourable treatment” of international trade partners. The panel was ruling on an appeal by India in response to the original injunction...
More »The budget’s dangerous philosophy -Harsh Mander
-Livemint.com The government relies on for-profit big business to deliver public goods despite their inability to deliver Can we listen to the budget as an annual public statement by the government of its economic and social philosophy and intent? The centre abandoned five-year plans that earlier laid down a road map of where government policies are headed. The budget, then, is an important reality check of whether the government is literally...
More »'Agri Growth Can End Poverty'
-The New Indian Express BHUBANESWAR: Eminent agricultural economist Ashok Gulati on Monday emphasised on higher growth in agriculture sector for faster reduction of poverty. Addressing the second Odisha Knowledge Hub (OKH) lecture series on ‘Getting agriculture back on track in the growth agenda of the Nation and State’ at the Secretariat here, Gulati said the agriculture sector has the potential to grow at five per cent per annum as against the present...
More »How reforms killed Indian manufacturing -Ashok Parthasarathi
-The Hindu As the government pushes for ‘Make in India’, it could begin by unmaking the damage the post-1991 reforms inflicted on domestic industry. This year marks 25 years since the so-called “economic reforms” were launched in July 1991. By now, broad contours of the policies and practices that characterised such reforms are well known, viz. radical deregulation, marketisation and privatisation of the industrial, technological and financial sectors, and an across-the-board...
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