-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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Prof. Jan Breman, Professor Emeritus at the Amsterdam Institute for Social Science Research, interviewed by G Sampath
-The Hindu Jan Breman takes a long view of the changes he’s seen in India over half a century. Perhaps no other scholar in the social sciences has studied India’s poor and its informal economy as intensively as Jan Breman. The sheer temporal span of his research is mind-boggling. He began his study in south Gujarat 15 years after India’s Independence — in 1962. And he was in south Gujarat in...
More »Recycling the bin -Kankana Das
-Down to Earth Several initiatives are demonstrating how the informal e-waste recycling sector can be formalised Savita Devi (name changed), a municipal solid waste worker in Ahmedabad city, used to earn Rs 1,500 per month. When she joined an initiative of GIZ India in 2012, where she was trained to collect e-waste, her income rose to Rs 2,500 per month. “We are now able to hire private tutors to educate our children,”...
More »Where have all the women gone? -Charan Singh
-The Hindu Business Line The government must open up conventional and unconventional avenues for women to find their way into the workforce Officials in the finance ministry are busy with budgetary consultations. At the outset, it needs to be recognised that the Union Budget is more than a mere accounting exercise as it lays out the vision of the government and provides a strategy to implement it during the course of that year. In...
More »Nabard thinks Mumbai needs 50% of agri loans -Alok Deshpande
-The Hindu The fact that a megapolis, and not the drought-affected areas of Maharashtra, is the biggest beneficiary, has angered many Bristling with glass towers and commercial districts, Mumbai is unquestionably the financial capital of India. The most greenery an average Mumbaikar can hope to grow is a few herbs in window flower-pots. Which is why it seems strange that the city will be the biggest beneficiary of agriculture loans, as projected by...
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