Top 5 Game changers for the Indian financial system in 2012
Here are our picks:
1)Direct Cash Transfer Scheme – To be rolled-out from January 1, under this scheme government plans to provide subsidies and other benefits directly to the poor…
Unconditional Cash Transfers – What does research say?
As the government plans to transfer 29 benefits (pensions, scholarships, fuel subsidies etc.) through the direct cash transfer scheme, we look at what research tells us about unconditional cash…
Functions of the Urban Local Bodies (ULBs)
This is the second post in the series of posts on the Municipal Finance Scenario in India. In this post, we discuss the functions devolved to ULBs as per…
Govt needs to revisit priority sector lending policy for more effective financial inclusion
There has been much discussion recently about the distorting nature of various indirect subsidies such as those being offered via price controls on fuel and fertiliser.
New perspectives on farmer distress and farmer suicides
I recently had an opportunity to read an interesting book on farmer suicides in the Yavatmal district of Maharashtra by Secretary Health Meeta Rajiv Lochan1 (meeta29 hotmail.com) and…
Using Customer Information to take a Household Approach to Lending
There has been a lot of stress on assessing a customer’s cash-flows before sanctioning a specific loan, for instance a home loan or a crop loan.
A Paradigm for Suitability: Part II
The previous post delineated the Indian context for finance and suitability as part of our Consumer Protection series. This post delves deeper into the conceptual discussions on suitability as…
Indian Corporate Debt Markets – The Supply-Side Issues
This post takes off from where our article on the current status of Indian debt markets ended. The peculiar issue with the Indian corporate debt market is not that…