-The Hindu The report of the Reserve Bank of India (RBI)-appointed Committee on Comprehensive Financial Services for Small Business and Low Income Households has been placed on the central bank's website for comments. Considering the voluminous nature of the report and even more pertinently its complex and, detailed treatment of the subject, the deadline for receiving comments, now set at January 24, would, in all probability, need to be extended. The report packs...
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A new paradigm for inclusion
-The Hindu The report of an RBI-appointed committee on financial inclusion and financial deepening has stimulated a wide-ranging debate on these crucial areas. However, policy measures initiated by the government and the RBI while adding to the numbers of new bank branches, new accounts and so on did not really enhance the quality of such inclusive practices. In September last year, the RBI asked the committee chaired by Nachiket Mor...
More »Living on a thin edge -Devinder Sharma
-Deccan Herald In the past seven years around 3.2 crore farmers have abandoned farming and taken up menial jobs in the cities. At a time when change is the buzzword on the political landscape, when cities are changing, and the villages are no longer what they used to be; when incomes are rising for an educated few, and when the bottom of the pyramid - those below the poverty line -- are...
More »Secret of India’s rising farm output: It's all in the genes -Sandip Das
-The Financial Express India's grain output has risen substantially in recent years. India's grain output has risen substantially in recent years, taking the country to the league of the world's largest producers of rice, wheat and horticultural crops thanks to the use of diverse seed varieties, among other things. And productivity at Indian farms could increase further in coming years thanks to a centrally managed gene bank that would help multiply seed...
More »Housing For Poor Can Spur Economic Growth
A new report on India's housing sector confirms with facts and figures what has been suspected all along: that despite growing demand for affordable housing, supply side responses have been weak and sluggish. This means even though the housing sector can directly impact employment and income generation, and has multiple forward and backward linkages with various industries, it needs innovative ideas, pro-poor thinking and policy stimulus. (See link below for...
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