financial inclusion puzzles

Three decades after Independence, most poor Indians still lack institutionalised access to insurance, savings, remittances and loans. The outcomes are predictable. Migrant labour, carrying hard cash when they head back home, run the risk of being robbed. The poor rely excessively on loans to cope with a crisis — accidents, unpredictable weather, sick cattle — […]

Food Security Bill in for a radical rewrite?

THE National Advisory Council (NAC), it appears, is set to radically rewrite the the Food Security Bill. The meeting of the NAC, which discussed the draft bill prepared by the government, was of the view that the Centre should move beyond the traditional APL-BPL faultline and aim for an inclusive Bill… The members also agreed […]

India, China and the (bedraggled) state of their environments.

Whenever China’s environment is discussed, the narrative that crops up is that its authoritarian government has steamrolled environmental concerns while chasing growth. And so, fittingly, when Jianguo Liu and Jared Diamond rate 15 of the world’s most populous countries on environmental sustainability, China is the second worst with a score of 129 (on a 142 point scale). […]