-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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The Aadhaar coup -Jean Drèze
-The Hindu The Aadhaar Bill opens the door to mass surveillance. This danger needs to be seen in the light of recent attacks on the right to dissent. No other country, and certainly no democratic country, has ever held its own citizens hostage to such a powerful infrastructure of surveillance. The Aadhaar project was sold to the public based on the claim that enrolment was “voluntary”. This basically meant that there was...
More »Higher education is not just about funding -Ashish Nanda
-The Hindu Business Line The Budget outlay apart, an ambience of autonomy and a focus on soft skills are just as important The Budget identifies education as one of the key pillars of its agenda. It offers support on three dimensions — reach, infrastructure, and quality in higher education. Extend reach: The Budget aims to extend the reach of education. At the post-secondary level, it focuses on expanding skill development (by scaling up...
More »Ashok Gulati, chair professor for agriculture at ICRIER, interviewed by Jahnavi Sen (The Wire)
-TheWire.in This year’s Union Budget markets itself as a pro-poor and pro-farmer budget. To take a closer and harder look at this, The Wire spoke to Ashok Gulati, chair professor for agriculture at ICRIER. Gulati tells The Wire why this budget is insignificant for reducing farmers’ distress, in spite of all the talk. Edited excerpts from the interview follow: * How much is the actual increase in the total allocation to agriculture...
More »No Gamechangers For Farmers -Ashok Gulati
-The Indian Express Budget makes the right moves on agriculture, but they may not be bold enough. In the last two weeks, Prime Minister Narendra Modi addressed three rallies of farmers, one each in MP, Karnataka and UP. Although it was late in the game, as farmers have been reeling under acute distress for two years, yet better late than never. Addressing the rallies, the PM thundered he would like to...
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