21 May 2015
India's External Sector Issues and Challenges

As we embarked on a period of planning after independence, import substitution constituted a major component of India's trade and industrial policies. Planners, more or less, chose to ignore the option of foreign trade as a stimulant of economic growth. This was primarily due to the highly pessimistic view taken on the potential of export earnings.

27th September 2019
State of Public Finance

The notion of Rs 1.45 lakh crore revenue loss due to recent cut in corporate taxes by Prime Minister Narendra Modi government is misplaced as the resulting improvement in the economic activities would bridge major part of the losses, experts said at the 61st SKOCH Summit.

20 May 2015
Finding Permanent Solution to Poverty

I am in politics for over 35 years. Since early days we have been talking about poverty alleviation. "Garibi Hatao" (remove poverty) slogan was given in early 1970s. Since then a number of schemes have been introduced aimed at removing poverty. I am not saying that nothing has happened. But surely the pace has not been good.

19 May 2015
Poverty can't be Defeated through charity

The Merriam Webster Dictionary defines poverty as "the state of one who lacks a usual or socially acceptable amount of money or material possessions." However, poverty is not simply characterised by a lack of adequate income. It has far reaching implications.

18 May 2015
Barriers impede innovation in India's payments system

The Indian economy is predominantly cash-driven with only 5 per cent of the country's Personal Consumption Expenditure done electronically. This shows that there is a huge unexplored market for payment companies. It will require all players across the payments value chain to create much greater innovation in payment services.

15 May 2015
No One Killed Agriculture: Revisited

"No One Killed Agriculture" was the cover story of April-June 2012 edition of INCLUSION. It highlighted the plight of farmers and suggested detailed, practical and workable solutions, at the centre of which was availability of formal bank credit. In fact, INCLUSION has been pitching for enhanced formal bank credit to farm sector for more than a decade.

12 May 2015
Let Markets Determine Technology Choices

The debate over technology choices is not new. We have been talking about this for at least 15-20 years. Innovations have far surpassed this debate. Innovations are happening so fast that it has made the technology choice debate redundant. What technology to be used would be best determined by the markets and the users. It cannot and should not be done by regulation or regulators.

11 May 2015
Digital Dilemma

It was a prudent move for Prime Minister Narendra Modi to revive the e-governance scheme with renewed vigour. As Gujarat chief minister, he has used IT as a tool to improve governance not just at the top level but also at the grassroots levels. It is the success in Gujarat that emboldened him to implement the e-governance scheme at the national level.

Page 6 of 66