Focusing on institutionalising loan restructuring for MSMEs could ameliorate the structural long-run issue of high defaults. Further, apart from all this supply side facilitation, the government must start thinking about the demand side of the economy since its deceleration has been at the core of the chronic economic slowdown, which has certainly impacted the MSMEs adversely.
Issues in Migrant Social Protection
Published on :A recent study by LSE found that 52% of urban workers went without work or pay and received no financial assistance for over a month. Bihar’s emergency assistance programme has been cited as a rare example of sub-national government’s efforts to identify, onboard and disburse payments to the migrants during the ongoing pandemic.
Institutionalizing Innovation through Incubation in India
Published on :In the past few years it is apparent that only the Indian IT/ITES industry has been able to learn, catch-up, develop, and successfully accesses global technological standards. Although the same cannot be said for our product market industry where innovation is far away from making a global footprint.
Economics of Vaccine Distribution
Published on :While it might be nearly impossible for the vaccine shortage to end in the near term, being smart and strategic about the existing stock can reduce mortality and other complications while facilitating the functioning of the economy thereby saving occupations and livelihoods.
Sector Series I: Impact of COVID-19 and the lockdown on Animal Husbandry and Poultry sectors in India
Published on :With the eventual closing down of roadside tea stalls, eateries, and restaurants, a share of about 15% of total milk consumption had arrived to a complete halt.
Economy: Fill up or tape up?
Published on :The current situation of the Indian economy and gigantic mismatch of fiscal decisions in contrast to the apex bank portrays a similar situation and are thus costing efficiency and seeping sluggishness.
Insurance 2:0: The Role of InsurTech is transforming the industry landscape
Published on :With new InsurTech players in the market like Acko, Digit and PolicyBazaar disrupting the insurance industry, traditional insurers must prioritize digital transformation to keep pace.
Understanding Cyclicality of Fiscal Policy, High Fiscal Deficit in Union Budget 2021-22: Implications on Inflation
Published on :In sum, revenue contraction, expenditure-side stimulus measures, and low denominator GDP – these three factors have collectively contributed to the high fiscal deficit in 2020-21 RE.
Towards a Gender Equal Society: Rethinking the Onus of Care on Women
Published on :Excluding half of the world’s population (World Bank, 2019) from equal opportunities not only violates a fundamental human right but is a form of widespread injustice.
Will IPRs restrict access to Covid Vaccine?
Published on :The IPR waiver would allow all countries to choose to neither grant nor enforce patents and other IPRs related to COVID-19 drugs, vaccines, diagnostics and other technologies for the duration of the pandemic until global herd immunity is achieved. This move harkens back 20 years to the HIV/AIDS epidemic, when affordable generic HIV drugs, made in countries where patents did not block production, began saving millions of people’s lives.