The government’s indecision on which of its two arms should capture the biometrics of all 1.2 billion Indians is causing collateral damage. Frustrated by the issue not being resolved quickly and difficulties in the business, Wipro, one of the largest enrolment agencies empanelled with the Unique Identification Authority of India, is considering quitting the business. It’s […]
Monthly Archives: January 2012
india’s beleaguered mfis are making a set of fundamental changes to their business models. in a bid to survive, one bunch is diversifying beyond microfinance into lending for cycles, vehicles, homes, tractors and whatnot. another lot is sticking to microfinance but making some significant changes within that — like who they lend to and how […]
some months ago, i wrote a small blogpost wondering about the surprising lack of books which focus on the experience of cycling, running and whatnot. it is a theme that i revisited while writing for ET about the mumbai marathon. Gather all books ever written on running and you will have enough to pave a running […]
Vijay Thakur (name changed) is a worried man. This fertiliser wholesaler in Karnal, Haryana, buys subsidised fertiliser from companies and sells it to retailers in this agricultural district about 120 km north of Delhi. It is a steady, if not hugely profitable, business. Thakur fears that might change this year. from the latest instalment on […]