-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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Getting our goats -Bibek Debroy
-The Indian Express We need to make goat farming organised, tie it to agriculture and animal husbandry. This is an apocryphal story, but it is bizarre enough to be true. Once every four or five years, we have a livestock census. The latest one is the 19th, for 2012. This anecdote is about the 2007 version. In a village in West Bengal, there were 31 geese — 17 male, 14 female. An...
More »Get down to business -Ashok Chawla
-The Indian Express If India is to improve its ease of doing business rank, the Centre needs to partner with states Twenty-five years ago, there would have been no interest in a subject such as the ease of doing business in India. What mattered then was the level of protection the closed economy provided and the ability to negotiate industrial approvals from Udyog Bhawan. Much water has since flown down the...
More »Obstacles to cooperative federalism -Pradeep S Mehta
-The Hindu Business Line The bureaucracy has been unable to take it forward, thanks to its reluctance to share information and ideas Having been a chief minister for long, Narendra Modi as Prime Minister has rightly put his weight behind cooperative and competitive federalism. In March last year, I had elaborated in this column the relationship between the two in the context of development and growth in India in an article ‘What sort...
More »Nutrition for kids -Aparajita Dasgupta
-The Indian Express Why early life investment matters, and what we should do about it. With the success in reducing child mortality, the challenge before India is to safeguard early-life conditions in order to prevent long-run loss in welfare for individuals and the economy. Malnutrition rates for India are extremely high, with about 38.4 per cent of children being stunted and 46 per cent underweight (National Family Health Survey, 2005-06). There...
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