Why agri-techs are complimentary to FPOs in agricultural value chain
India needs to carefully assess its capacity, need and social context while choosing its own path towards not just greater agricultural productivity and better farmer welfare but also ecological sustainability.
Watch: Reform Pathways for India’s Healthcare Financing
In India, nearly 65% of the healthcare spending is out of pocket by individuals. The remaining 35% is highly fragmented and comes from a number of central and state government funds, and insurance companies. The unprecedented healthcare crisis caused by the pandemic has brought a number of concerns about the effectiveness and sustainability of the healthcare system to the forefront.
The Need to Explore the Finances of Platform Workers
In recent months, there have been several reports on platform workers demanding greater worker rights in India.
Complex vs simple financial instruments: What is in best interest of customer?
Complex financial instruments and products can help consumers to meet their precise financial needs even if they are opaque in their design details due to the underlying mathematical principles. Regulators need to understand that restricting complexity in design is not in the best interests of the consumer.
How to protect farmers against risks
Offering affordable derivative products that will help them hedge against price and weather risks is vital
Fintech in India: Can the trust stack up?
Providing a human interface at crucial touch points such consent, disclosure, and grievance redressal will allow for trust in fintech to rise, driving financial inclusion
Well-functioning crop insurance crucial for reducing farmer’s vulnerability
It is an important tool for agrarian families to manage and mitigate their risks
Why RBI’s Decision to Mandate Core Banking Solutions May Hurt NBFCs
The RBI’s Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs mandates a Core Banking Solution (CBS) for all NBFCs with more than 10 branches
Even Before Pandemic, Debts Had Soared By 84% In Rural & 42% In Urban India
The pandemic-led economic crisis has exacerbated the rising indebtedness among India’s poor households, and could push more families into a debt trap
What household finance tells us about financial inclusion in India
There is an urgent need to make formal financial services more flexible, and customer centric, in order to increase its usability