Following the posts on Functions of ULBs and Municipal Funds as part of the Municipal Finance blog series, this post provides an overview of functionaries at ULBs, explains why the poor urban service delivery mechanism is rooted in weak staff capacity and disjointed institutional set-up and concludes with recommendations for strengthening capacity building.
Recently IFMR Capital hosted its third Investor Seminar in Mumbai. The theme of the seminar was 'Risk Underwriting in Asset Classes that Impact Low-Income Households'.
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
On Monday, IFMR Capital listed the senior securities of IFMR Capital MosecTM XXII on BSE. This was the first instance of listing of securitised debt in India and marks a significant step towards greater transparency and sustainability in IFMR Capital’s efforts towards financial inclusion, simultaneously marking a milestone for debt securitisation in India.
IFMR Capital recently closed its largest securitisation transaction till date, MosecTM 21. It was an INR 65 crore transaction backed by a pool of 50,000 micro loans.
As part of our series on Municipal Finance, this blog post discusses the present state of municipal finances by taking an in-depth look at municipal revenue and expenditure in India.
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.
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.
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.
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.
In all our research efforts, we strive to maintain an independent voice that speaks for the low-income household and household enterprises. Our ability to perform this function is significantly enhanced by our commitment to disseminate as a pure public good, all the intellectual capital that we create.
