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...
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Job creation-A counter-intuitive model-Rajiv Lall
-The Business Standard The rural non-farm sector has emerged as India's largest job creator since 2000 and needs to play a pivotal role in our structural transformation Job creation has to be a pressing priority for any new government. But it is worthwhile trying to understand the nature of our employment challenge. The unemployment rate, as understood in the Organisation for Economic Co-operation and Development (OECD) world, is not a very useful indicator...
More »Govt spends Rs 3.65 to deliver Rs 1-worth food; 57% of subsidized food doesn't reach beneficiaries -Mahendra Kumar Singh
-The Times of India NEW DELHI: The government spends Rs 3.65 to deliver Re 1 of food while 57% of subsidized food grains do not reach the intended beneficiaries. These startling findings by the Independent Evaluation Office point to massive corruption and pilferages in the existing public distribution system. The agency's initial findings reveals that close to 36% of food grains are siphoned off in the supply chain, raising a serious question...
More »Independent evaluation office launched
-The Business Standard The IEO which has been modeled on the lines of Mexico's CONEVAL India's first independent evaluation office (IEO) was formally launched on Wednesday. The office is mandated to suggest radical changes in the government's social sector initiatives, as well as in its interface with the private sector through public-private partnership projects. The IEO, modelled on the lines of Mexico's National Council for the Evaluation of Social Development Policy, will give...
More »Young and jobless -Jitendra
-Down to Earth Across the globe, unemployment is growing three times faster among youngsters than among those above 24 years of age The good news is that economies the world over are set to grow. The bad news is that the growth will not be able to check unemployment that has been rising steadily since the 2008 global financial crisis. Over 202 million people were jobless worldwide in 2013, which is 25...
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