Weaponization of disintermediation in India

Context: The worst kept secret in India is its broken delivery system. Some blame it on red tape and others on unbridled rentier incomes (read bribes). Whichever way you look at it, the fact is that the system is broken, with satraps operating as intermediaries. Presumably why almost everything about Read More …

Designing financial products for women

Context: Marketers from a growing range of industries have gone to great lengths to create consumer markets that are segmented along gender lines—from soaps to two-wheel vehicles to vacation packages. However, financial services providers (FSPs) remain largely oblivious to the needs of women. Facts & Figures: Across the globe, a Read More …

Health and Nutrition Initiatives under Aspirational District Programme

Context: The Ministry of Health and Family Welfare,in collaboration with Ministry of Women and Child Development, organized a one-day National Workshop for Orientation of District Officials of Aspirational Districts on Health and Nutrition. e-Mitra Mobile Application At the function, the State Health Ministers unveiled the Operational Guidelines on Aspirational Districts Read More …

Cross Border Insolvency

Context: The Insolvency Law Committee (ILC) constituted by the Ministry of Corporate Affairs to recommend amendments to Insolvency and Bankruptcy Code of India, 2016,  has submitted its 2nd Report to the Government, which deals with cross border insolvency. The ILC has recommended the adoption of  the UNCITRAL Model Law of Cross Border Read More …

The anatomy of banking frauds

Context Fraud is a real operational risk for banks. As the latest Financial Stability Report of the Reserve Bank of India (RBI) shows, the Indian banking system reported about 6,500 instances of fraud involving over ₹30,000 crore in the last fiscal. Several other cases of large banking frauds were reported Read More …

Hyperion Super-galaxy

Context: A team of scientists at the European Southern Observatory (ESO) peering billions of light years into space have detected the largest. It is the most extensive collection of galaxies ever registered in the early days of the universe, a proto-supercluster, which they nicknamed ‘Hyperion.’ In Ancient Greek mythology, Hyperion Read More …

4th Edition of NITI Lecture Series

Context: NITI Aayog is organizing the fourth edition of NITI Lecture Series at Vigyan Bhawan, New Delhi on 22.10.2018. The theme this year is “AI for ALL: Leveraging Artificial Intelligence for Inclusive Growth”. Union Ministers, policy makers, experts from different walks of life along with NITI Aayog Vice Chairman, Members, Read More …

Amritsar disaster: avoidable tragedy

Context: The ghastly Dasara disaster at Amritsar that has left 59 people dead is a harsh reminder, if any were needed, that government departments have not yet taken official protocols for safety at mass gatherings seriously. In the aftermath of the entirely preventable carnage, in which spectators crowding a railway Read More …