Legal liability for fraud in digital payments
The framework should provide adequate compensation to victims, while investigative action continues in tandem
UPI databases should be interactive
Stakeholders should gather a common set of data points for each complaint, distinct from their data objectives
Ways to curb scams over UPI
Positive frictions while authorising transactions will give users some time before approving payment
Life insurance and the importance of proper disclosures
This will inspire more consumer trust, and enhance transparency among agents
Women’s financial inclusion is not understood
Policymakers should go beyond economics to look at sociological and anthropological aspects of how women negotiate finance.
How to protect farmers against risks
Offering affordable derivative products that will help them hedge against price and weather risks is vital
Well-functioning crop insurance crucial for reducing farmer’s vulnerability
It is an important tool for agrarian families to manage and mitigate their risks
Lessons from the CoWIN experience
CoWIN has been developed as a digital platform to support Covid-19 vaccination efforts in India. While most are familiar with the interface for citizens to book vaccination slots, CoWIN also supports multiple other functions.
Needed, a modern personal insolvency regime
Personal insolvency needs to be treated as a social insurance option. A mechanism which relies on the interaction between creditors and borrowers must be put in place
It’s unfair to NBFCs
India is a bank-dominated financial system with about two-thirds of all financial assets in the economy belonging to the banking sector.
