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.
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 it faces challenges due to a lack of adequate infrastructure.
A Paradigm for Suitability: Part I
This post aims to establish the conceptual justification for why suitability should form the central principle underlying consumer protection in India. The following posts in the three part series will dive deeper into the implementation aspects of ‘suitability’.
Unemployment Insurance – Hungary and Poland
As part of our series on Unemployment Support in India, this blog post explores the unemployment insurance schemes in Hungary and Poland.
74th Amendment and Local Governments in India
This is the beginning of a series of blogs on the Municipal Finance scenario in India. In the first post we look at the 74th Constitutional Amendment Act, the rationale behind it and its intentions.