Failure of Fixed Income Derivative Markets in India
I was recently made aware of a fascinating speech2 on this topic given by Mr. V. K. Sharma (ED, RBI) in Mumbai on November 8th, 2012.
Why don’t Indian farmers grow more fruits and vegetables?
In India, rice and wheat comprise 70 percent of agricultural produce by area, but less than 25 percent by value.
Unemployment Support in East Asia
his post is a continunation of our series of posts on Unemployment Support in India. The below post borrows heavily from Kamimura’s “Employment structure and Unemployment insurance in East Asia
A Paradigm for Suitability: Part III
The previous post covered the process of “Suitability” in financial services. Here, we cover aspects of the legal and regulatory structure that will aid in establishing an effective Suitability regime in India.
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 in cash rather than in the form of subsidies.
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 transfers.
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 the 74th Constitutional Amendment. We also discuss briefly the capabilities of ULBs to carry out these functions successfully.
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 [at] hotmail.com) and Professor Rajiv Lochan2 (mrajivlochan [at] hotmail.com).
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 the new paradigm for financial sector regulation in India.