Gauging household income key for microfinance clients
he microfinance movement in India is set to receive another dose of impetus with the Reserve Bank of India’s (RBI) recently released Consultative Document on Regulation of Microfinance in June 2021. Following the Malegam Committee Report, which is a decade old now, the current document looks to reassess and realign the priorities of the sector.
Formalising social security for the informal sector
During the Budget speech, the Finance inister talked about the 20-year long process of implementing the labour codes in India.