There have been many successes and failures in economic and social development of India in the last 75 years. The recent covid-19 pandemic had also an adverse impact on growth, employment, health and education etc. In this paper, issues and policies are discussed beyond India@75 for achieving growth, inclusion and …
Meena Chaturvedi is an Indian Audit and Accounts Service official of 1987 cadre. After a 23-year career she took voluntary retirement to join SREI Sahaj e-Village Limited as chief executive officer (public services and e-learning) in October 2010.
The Odisha Economic Survey 2011-12 takes note of the efforts of the State Government to bring visible improvements in the state finances, to reduce Debt-GSDP ratio, to create fiscal space for higher plan and capital outlays to propel growth in the economy and to accelerate the pace of development. There …
In July 2011 the Council had released its Economic Outlook taking the view that \the Indian economy would grow by 8.2 per cent in 2011/12. This was lower than the provisional estimate of 8.5 per cent growth for the previous year (2010/11) and only marginally more than that in 2009/10 …
As part of the global phenomenon of trade liberalization, Nepal embarked on market-oriented trade reforms in the mid-1980s. These efforts intensified in the early 1990s after the restoration of a democratic system. Nepal's accession to the WTO in 2004 and commitment to comply with many conditions related to restructuring tariff …
The proposed legislation for regulation of the for-profit microfinance sector has a number of problems. It makes the Reserve Bank of India the sole regulator of the sector when this is the domain of the states rather than the central bank. The proposal will permit a back-door entry for the …
This paper examines three software and/or information technology enabled services (ITES) industries—two in the early stages of development (in the People’s Republic of China [PRC] and the Philippines) and one mature one (in India). Being latecomers to offshoring work, the PRC and the Philippines have developed this industry in cooperation …
When the Delhi government sought to reach out to the intended beneficiaries, it found it needed a 'mission convergence' to ensure better delivery of services. The gender resource centres (GRCs) brought together all 49 welfare entitlements of nine participating departments to the people who needed them the most-the urban poor. …
The Indian economy has shown considerable resilience to the global economic crisis by maintaining one of the highest growth rates in the world. The services sector accounted for around 88% of the growth rate in real gross domestic product in 2008–09. To demystify the relatively resilient growth of the services …
This article examines the National Sample Survey Organisation unit record data pertaining to debt and investment (59th round) and highlights inequality in access to credit by certain segments of society. In particular, it shows that weaker sections such as female-headed households have a much lower access than their male counterpart …
Despite having a low exposure to the toxic assets involved in the sub-prime crisis and a gradualist approach towards liberalization of the financial sector, certain parts of the Indian financial sector were significantly affected by the global financial crisis. Though Indian policymakers reacted in a proactive manner and introduced a …
This Policy is aimed at laying down an overarching policy framework for infusing competition principles in various policies, statutes and regulations and promoting a competitive market structure in the economy, thereby striving to achieve maximum economy efficiency in various spheres, and public welfare.
How can investors be encouraged to consider more than purely commercial and short-term gains? Several different sets of investment principles now exist, aiming to incorporate social, environmental and governance criteria into investment decisions. These principles have growing numbers of signatories, and are used in various contexts, and for various reasons, …
This paper examines whether any of India’s high-productivity, high-income growth in the services sector is occurring in rural India, and if so, to what extent. It addresses three questions: (a) While India has experienced high economic growth led by the services sector over the last decade, to what extent has …
A Bill to provide access to financial services for the rural and urban poor and certain disadvantaged sections of the people by promoting the growth and development of micro finance institutions as extended arms of the banks and financial institutions and for the regulation of micro finance institutions and for …
The trains built for the Beijing-Shanghai high-speed rail line, which is scheduled to start commercial operations in about a month, are some of the safest in the world, according to a report in the Beijing News on Monday. The derailment coefficient of the CRH380A series trains to be used on …
Staff at a bank in Uttar Pradesh has been blamed for allowing termites to eat their way through banknotes. The insects are believed to have chewed their way through notes worth some Rs 1 crore. “The branch management has been found guilty of laxity due to which the notes were …
19 per cent increase than last year's; Rs. 346.35 crore for agriculture sector PERAMBALUR: A total credit outlay of Rs.405.01 crore was envisaged in the Annual Credit Plan (ACP) for Perambalur district for the year 2011-2012, indicating an increase of 19 per cent than last year. Collector M.Vijayakumar who released …
The Government of India’s 15-year old Accelerated Irrigation Benefits Programme has come under much-deserved criticism for all-round non-performance. The AIBP needs to be taken back to the drawing board and redesigned, based on the Accelerated Power Development and Reform Programme, which encourages and supports states to undertake management reform, promote …
The design of public cash transfers involves a careful balancing of policy priorities and objectives. Variations in the rationale for a conditional cash transfer shape benefit amounts, coverage, duration of programme participation, targeting practices and the definition of conditionality. Drawing on the experience of low- and middle-income countries in Latin …
The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects …
