By Sanjay Kumar Satpathy, AGM(Law) & Zonal Legal Head, Union Bank of India, ZO, Delhi...
In the run-up to the elections, the most strident debate is about economic outcomes. At...
Insolvency, Bankruptcy and Restructuring- A Discussion It is felt that the IBC or the Insolvency...
The biggest regret expressed by Ram Sewak Sharma in the book ‘The Making of Aadhaar’...
The central bank, Reserve Bank of India (RBI), in a recent announcement of three-month...
The Prime Minister’s vision of India becoming a $5 trillion economy by 2024 has inspired...
The GDP growth rate is determined by two factors: the investment rate and the efficiency...
The history of fiscal federalism in the past has demonstrated that three lists—Union List, State...
India has made a huge leap towards the universal health coverage with introduction of Ayushman...
Big technology companies are extracting huge profits from the Indian market but are paying hardly...
Different departments and institutions of the government owe huge amounts of money to companies, vendors...
Two sterling developments standout from the myriad of initiatives undertaken in oil and gas...
It’s important to transform patriotism to a mass movement and the role of corporate...
Corporates in India and across the world have long subscribed to the view that...
Most of the MSMEs in India are nurseries for innovation and entrepreneurship that supply...
This is a season of manifestos and economic manifesto becomes really important for both policymakers...
Every now and then we speculate about the future of India. We are always...
The three I’s of Inclusive Growth, Infrastructure and Innovation are important for India to...
The socio-economic situation in the country has changed for the better ever since Prime...
It’s not often that leading thinktanks that delve into the economic sphere in India...
There are several beacons of hope in this country, which are bringing about a...
Private sector participation or Public Private Partnership (PPP), which was conceived more than a...
Life Insurance Corporation (LIC) is the largest financial institution in the country with over...
The insurance sector in India has seen landmark changes in the last two years...
On 28 January 2014, P Chidambaram had said, Modi’s knowledge of economics can be put...
Although, there are varying estimates of India’s economic growth slowing down to as low...
The younger generation will be growing up in a new digital culture, sans intermediaries. Technology...
We have recommended that since soon all the cable TV connections are going to be...
It is time that insurance companies moved their focus from urban populace to educating and...
The challenge essentially will be to enhance acceptance of the acceptance devices. For the first...
Capacity building and basic training of the staff handling ATM, including the security agency is...
A prescriptive analytics will also reduce mis-selling, while it enhances the ability to understand the...
Focus should be on opening new bank branches in districts and making CSCs, the Banking...
It is a matter of concern that India’s pace of improving the social indicators...
The challenges, which our cities are facing today, are increasingly becoming more complex. Whether...
The Steel Sector The liberalisation of industrial policy and other initiatives taken by the...
The government’s focus on the welfare of women and children is reinforced with a significant...
Nearly 80 per cent of the country’s capital is in big industries, while they provide...
Across sectors—from Agriculture to Manufacturing to Steel & Mining—a host of measures have been...
“I believe in co-operative federalism, Centre needs to work with states”, declared Prime Minister Narendra...
The Finance Minister Arun Jaitely in his Budget speech (2016-17) expressed a nation’s grateful thanks...
Over the last twenty years Government of India has launched a series of Centrally...
Though we have passed the 73rd and 74th Constitutional Amendments transferring 29 subjects to...
If we introspect the 25-years of economic reforms that started in 1991, I would say...
The progress of India was conceived as a chariot that would run on two wheels....
What China did in 1978, we did in 1991 and both have travelled a long...
The Vajpayee government took the reform process forward in different directions, including trade, foreign investment,...
It took over 45 years after the attainment of freedom to push the agenda of...
The Committee on Financial Inclusion (Government of India (GOI), 2008) defines financial inclusion as the...
Based on the learnings of implementation of urban development schemes in the country in...
Gurgaon will be a Smart City in addition to Karnal and Faridabad. May be,...
Sometime back Prime Minister Narendra Modi announced an ambitious target of 175 GW by...
Transformation is a long and arduous journey that will require participation of all the...
In most countries, the social security, as it is defined by most governments, is...
Initially when we started digital certificates online, it was transformative. The beginning was small,...
The interface between the citizen and the government is improving. The social equalisation is...
Since independence, all governments of India have been committed to gradual rather than revolutionary...
In 2015-16 Union Budget, the government enhanced credit target for farm sector by 50,000...
Anupam Verma, who works for a multi-national company in Mumbai, was deeply disturbed after...
The British colonial administration brought in progressive developmental forces by bringing in education (Kindergarten...
Nearly 65 per cent of our population is below the age of 35 years. Just...
Digital India’s real test will be in bridging the digital divide in India. In...
Karan Bajwa,Managing Director,Microsoft Corporation (India) The debate over technology choices is not new. We have...
M Moni,Former Director General, NIC I appreciate that the Department of Electronics and Information Technology...
In India, we are encountering a unique situation. We decide on what technologies to be...
“No One Killed Agriculture” was the cover story of April-June 2012 edition of INCLUSION....
The Indian economy is predominantly cash-driven with only 5 per cent of the country’s Personal...
The Merriam Webster Dictionary defines poverty as “the state of one who lacks a...
Under the Millennium Development Goals (MDGs), India along with other developing countries, has committed...
I am in politics for over 35 years. Since early days we have been...
In December 1967, the then Finance Minister Morarji Desai introduced a new term for...
Anthony de SaChief Secretary, Government of Madhya Pradesh Madhya Pradesh has taken Make-in-India initiative very...
Poverty remains one of the most pressing challenges facing the country today. But why...
As we embarked on a period of planning after independence, import substitution constituted a major...
Thirty-five year old Gomati from Mangatpur in Pilibhit has opened a bank account under...
While six months is too short a period to judge the performance of a...
It’s really a pity and a challenge to the system particularly those who are...
In 1947, when we gained Independence, the biggest challenge in front of us was...
The Ministry of urban development (MoUD) has published a Concept Note on Smart Cities...
After two years of sluggish growth, the Indian economy seems to be regaining its lost...
The true challenge for India is to really to grow at 9-10 per cent...
To my mind, there cannot be any controversy or debate as to how to achieve...
When the Reserve Bank of India (RBI) deregulated savings bank deposit interest rates in...
At the height of recession following Lehman crisis, the developed countries embarked on protectionist...
The idea of encouraging and enabling separate ministries to open their minds and doors...
Even though India’s urban population is at a level of 31 per cent, considered...
Fast economic growth in the last two decades has increased demand for land from...
The Prime Minister’s clarion call to make the Indian textiles the biggest employer in...
A recent survey1 shows a decline in banking customers reporting positive opinion of their...
We had seen it coming for a long time. For three primary reasons –...
The Central Government and most States have let down the farmers and the farm...
When I look at aspiring India, two kinds of people come to my mind: first,...
Our goal is now to become a middle-income country by 2025 – moving up...
Since the launch of National Rural Health Mission (NRHM) in 2005 India has significantly improved...
While the middle class in India has been a topic of intense debate, it has...
More than 54 per cent of Indian workforce as per 2011 census is engaged...
There have been loud noises about a total overhaul of the financial system and eager...
Under the leadership of Narendra Modi, we have shown as to how after a long...
There are many parameters of financial inclusion; most important among them is the access to...
I remember meeting Narendra Modi first time when I was CAG in 2009. Normally CAG...
Maximising growth with profitability by focusing on Corporate Automobile Tie-ups, promoting sale of policies...
Financial inclusion is integral to economic development and growth. With the advancement in technology and...
Arun Jaitley A few days ago my friend, the hon’ble finance minister, in the course...
C Rangarajan, Chairman, Economic Advisory Council The Indian economy is currently passing through a phase...
“Only 45 per cent students passing out of the tier 2 and tier 3 engineering...
“To my mind, a fair share of the collective failure of the stakeholders can be...
Chandra Shekhar Ghosh CMD, Bandhan Financial Services The struggle for a dignified life and against...
I personally believe that the living conditions of the rural poor receive very little...
“It is not merely a technology project. But it is about technology of giving a...
“Special school tends to segregate CwDs from others and level of education imparted could be...
“Over the years, RBI has been tinkering and tampering with the priority sector norms and...
“The planning for human resources development is non-existent. Mostly we have incapable staff, hardly able...
“When small units take recourse to non-bank sources of financing, they end up facing a...
“Skill development still has to establish deep roots in India. Indian universities and professional institutions...
Financial inclusion presents a way of bringing economic well being to millions of people...
“We have to improve our governance structures. Unless we do that, we cannot sustain high...
Economic reforms are aimed at giving freer play to the private sector to respond to...
“India is a remarkable model of nation building. It got universal suffrage at a much...
“There was much debate amongst political parties, shareholders, investors, lawyers and auditors, and all their...
M RamachandranDistinguished Fellow,SKOCH Development Foundation If the JNNURM facilitated focus on the urban agenda in...
K G KarmakarProfessor, SPJIMR and former MD, NABARD Central Banks are known for avoiding needless...
Underpinning the idea of corporate role in nation building is to encourage corporates to become...
The concept of the ‘priority sector’ emerged mainly to encourage banks to lend more to...
N C SaxenaDistinguished Fellow,SKOCH Development Foundation The yawning gap between India’s economic performance and its...
“Should there be a panchayat list in the same manner as there are Central, State...
I was all set to write a routine article on agriculture and started collecting...
“Some States moved fast in getting the City Development Plans prepared and came forward to...
“Bringing about changes in rules is no guarantee of future good behaviour. Even boards that...
“In our single-minded quest to generate growth we tend to forget the other part of...
“The time has come to confront this basic issue – if the unorganised segment is...
E-governance is a pretty complex matter that is made all the more complex with...
“One basic principle that needs to be followed assiduously is the principle of competition and...
“Smart governance is not about gimmicks; it is about looking at high level architecture, platform,...
“We must have a moratorium on new ideas. The need is to take the backlog...
“It is time now to look at technology partnerships versus technology selection…the mindset has to...
“Coordination is another area we intend to work on. We should, maybe, set up round-tables...
“I hope to be able to satisfy the Parliamentary Standing Committee, and to keep the...
“Has India the ability to grow in a sustained way at 8-9 per cent? The...
“We have put in place an entitlement system for food, for employment and for education....
N K Singh Member, Rajya Sabha The Bihar growth story is now in public focus....
"The markets galvanise savings and risk allocation to growing and capital-intensive sectors. They also play...
“If there is going to be policy logjam, the rate will end up with 5-5.5...
“For achieving financial inclusion and prosperity, a collective effort would be required. The support of...
“ The time is for reckoning in policy circles as well as in the public...
“Sustainable growth is not possible without having commitment for financial inclusion and ensuring that the...
Question: What is the size of National Insurance Company’s operations? Answer: The company has...
When Pranab Mukherjee, the then Union Minister of Finance, announced in the 2011-12 Budget...
According to the guidelines issued by the Reserve Bank of India (RBI), companies getting banking...
"UBI, through its long-standing presence in the North-East, has been spearheading banking for masses. As...
Processing of the sweeping legislative changes proposed by the Financial Sector Legislative Reforms Commission...
It is now well-established that economic growth and prosperity in India has generally bypassed...
Montek Singh Ahluwalia Deputy Chairman, Planning Commission The Unique Identitfication Authority of India (UIDAI) and...
Nandan Nilekani, Chairman, Unique Identification Authority of India The government is implementing the direct benefit...
At the start of the period of the economic reforms, the total central budgetary...
Reforms have to start grassroots level upwards. Sometimes, I feel that I am not...
Devi Shetty Founder & Chairman, Narayana Hrudayalaya How can we do it when other emerging...
Kirti Singhsenior counsel, Supreme Court of India The Sub- Group on the ‘Legal Framework for...
Wajahat HabibullahChairman, National Commission for Minorities After independence, India’s governance system ought to have imbibed...
Sitaram Yechurysenior member of Polit Bureau of theCommunist Party of India (Marxist) It is not...
The textile and clothing industry with a total market size of $94 billion today...
M RamachandranDistinguished Fellow, Skoch Development Foundation Though constitutional recognition came to local governments as a...
M S Swaminathan, recalling the struggle with the Bengal famine rightly observed, ‘If agriculture...
As of March 2012, the aggregate deposits of all commercial banks amounted to Rs...
The total combined expenditure of the states and the Centre on the social sector has...
R ChandrashekharSecretary, Department of Telecommunications, Ministry of Communications & IT Pricing of natural resources has...
Sudhir KrishnaSecretary, Ministry of Urban Development India’s growth is dependent on the urban sprawl and...
Joseph MasseyMD & CEO, MCX-SX Liberalisation saw entry of foreign players into many of the...
Arun SahuDirector General, Systems and Data Management, Central Board of Excise and Customs Information technology...
Aasha Kapur Mehta The 12th Plan aims to end “gender based inequities, discrimination and violence”...
When we think of rethinking governance, the two topics that are predominant in my...
Y S MalikPrincipal Secretary-Electronics & IT, Governmnt of Haryana In the context of Centre’s direct...
Ravi S SaxenaAdditional Chief Secretary, Science & Technology, Government of Gujarat Gujarat is at the...
Andhra Pradesh tryst with e-governance goes back to early 1990s, when it started with the...
Hari Ranjan RaoSecretary-IT, Government of Madhya Pradesh Madhya Pradesh is in the cusp of major...
West Bengal began its e-governance initiatives in 2001-02. It started with digitisation of the...
Karnataka is one of early starters on delivery of citizen services via e-mode. Bhoomi...
E-governance might be a decade old concept in India, but its implementation remains slow...
The e-governance landscape in Odisha is changing. The state, which was perceived to be...
Bhaskar ChatterjeeDirector-General & CEO, Indian Institute of Corporate Affairs Corporate governance was initially aimed at...
My department recently reviewed the corporate governance norms for public sector undertakings (PSUs) and...
Question: What is your view on corporate governance? Why is it important? Answer: Good...
“A good IT governance structure contributes immensely to the bottomline. Even though India has made...
On its journey to improve services for citizens, the government has undertaken several successful e-governance...
“What is not being recognised or realised is that there is a cost attached to...
There are four elements to the debate about financial inclusion and growth from a capital...
“We need smaller banks that can serve local populations. They will help the cause of...
“We have to worry about what we need to do in order to get the...
“The Planning Commission says that it wants 8 per cent growth during the 12th Plan...
“It is possible to design sound regulatory mechanisms while allowing the technological capabilities of modern...
The Report of the Committee on Financial Sector Assessment, headed by Rakesh Mohan, noted...
“The essence of competition is about how you bring value to the business that benefits...
Frequent outages and cyber attacks are the fastest growing risks that businesses will have to...
The Financial Sector Legislative Reforms Commission (FSLRC) was set up in March 2011 with...
B Yerram Raju Fellow, SKOCH Development Foundation Markets are like the fleas in Jonathan Swift’s...
Montek Singh ahluwalia, Deputy Chairman, Planning Commission The 1991 reforms took place only because there...
Salman Khurshid, Minister for Law and Justice Only a few weeks ago a lot of...
We need to retrospect factors that have led to the slowdown - one is slowing...
When, on 14 September 2012, the government announced new permissible foreign direct investment levels in...
Despite India’s remarkable economic growth over the past two decades, the progress in achieving...
S S Tarapore , Distinguished Fellow, Skoch Development Foundation The Financial Sector Legislative Reforms Commission...
Inclusion is the first magazine dedicated to exploring issues at the intersection of development agendas and digital, financial and social inclusion. The magazine makes complex policy analyses accessible for a diverse audience of policymakers, administrators, civil society and academicians. Grassroots-focused, outcome-oriented analysis is the cornerstone of the work done at Inclusion.
