JNNURM: Brief Overview of the Mission – Part I & II
Continuing our blog series on Municipal Finance in India, in this two-part series we provide a brief overview of the Jawaharlal Nehru Urban Renewal Mission (JNNURM).
Reforming Government Securities Markets in India – A pre-requisite for developing active derivatives markets on interest rates
Economists have long recognized the special role of Government Debt (and the market where it trades) in the economy of a country.
Unemployment Support in Argentina, Chile and Brazil
Continuing our analysis of International Unemployment Support schemes, we now discuss designs in three South American countries: Argentina, Chile and Brazil.
Recommendations of the Bakshi Committee Report
In July 2012, RBI set up the Expert Committee under the Chairmanship of Dr.Prakash Bakshi, Chairman, NABARD, to examine the Three-Tier Short Term Cooperative Credit Structure (STCCS) in India.
Summary of Report on Indian Urban Infrastructure and Services (2011) – Part I & II
Continuing our blog series on Municipal Finance in India, in this two-part series we review the Report on Indian Urban Infrastructure and Services (2011).
Indian Corporate Debt Markets – Secondary market issues
The absence of secondary markets for corporate bonds in India is arguably the single most important reason for this market not seeing the kind of growth one would expect.
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.
