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Ashok Kotwal
GST Explainer: Introduction
Posted on: 16 Oct 2017
Seventeen years after its framework was formed, India’s biggest tax reform – the goods and ... read on »
Introducing a new feature: ‘Explainers’
Posted on: 16 Oct 2017
Our day-to-day lives are tossed around due to economic changes, resulting sometimes from g ... read on »
On demonetisation
Posted on: 23 Dec 2016
On the evening of 8 November, the Prime Minister announced on national television that Rs. ... read on »
Introduction to e-Symposium: The GDP conundrum
Posted on: 16 Nov 2016
Ever since India’s Central Statistical Organisation came out with the new GDP series with ... read on »

Tag: entrepreneurship

Unleashing the forgotten billion of India
Yuvaraj Galada
Posted on: 31 Aug 2017

About 1.2% of India's 400 million workforce learns skills on their own. In this article, Yuvaraj Galada, former Vice President of National Skill Development Corporation, shares experiences from his travels to India's hinterland to meet these ustaads - individuals with extraordinary motivation to self-learn. In his view, supporting and catalysing ustaads to train others can be a rapidly scalable, grassroots approach to closing India's skills gap.
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Smart policy for women’s economic empowerment in South Asia
Nalini Gulati , Jennifer Johnson
Posted on: 18 Apr 2017
Topics:   Gender , Jobs


In this article, Jennifer Johnson and Nalini Gulati highlight the different trajectories of women’s economic empowerment across South Asia, based on a recent policy dialogue hosted by Evidence for Policy Design.

Tweet using #womenandwork

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A five-minute loan to unlock micro-entrepreneurship in India
Vibhor Goyal , Niloufer Memon , Varad Pande
Posted on: 11 Jan 2017
Topics:   Finance


Micro-entrepreneurs are grossly underserved by traditional lenders, as they typically do not have collateral or credit histories to make them creditworthy. In this article, Pande, Memon and Goyal of Dalberg Global Development Advisors, describe how digital infrastructure created by ‘India Stack’ can help provide paperless, presence-less, and cashless credit to micro-entrepreneurs, in a way that is sustainable for lenders.
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Where will jobs in manufacturing come from?
Radhicka Kapoor
Posted on: 23 Jan 2015
Topics:   Jobs


Conventional wisdom suggests that labour-intensive, small industries are critical for generating employment. However, this column argues that policies favouring one type of industry over another - labour-intensive over capital-intensive, or SMEs over large enterprises - will not create the jobs the country needs. Rather, the key is to encourage new firms to enter manufacturing and to provide an enabling environment for businesses to expand.
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What makes cities more competitive in India?
Ejaz Ghani , William Kerr , Stephen D O'Connell
Posted on: 07 Mar 2014
Topics:   Urbanisation


Policymakers in both developed and developing countries want to make cities more competitive, attract new entrepreneurs, boost economic growth, and promote job creation. This column shows that the two most consistent factors that bring entrepreneurs in manufacturing and services to a district in India are its education and quality of local physical infrastructure.
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Can SMEs drive India’s growth?
Pronab Sen
Posted on: 12 Feb 2014
Topics:   Economic Growth


Investment, particularly by the corporate sector in India, drove high growth rates during 2003-2009. Given the expected slow and weak recovery of the global economy, Indian corporates are unlikely to be able to lead the process of growth revival. This column argues that under the right circumstances and with proper policies, the dynamism of the Small and Medium Enterprises sector can ensure growth rates of 7% and above.
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Migrating out of poverty: The role of finance
Meghana Ayyagiri , Thorsten Beck , Mohammad Hoseini
Posted on: 13 Sep 2013

Financial liberalisation has been controversial as it is not clear whom the expanded credit allocation actually benefits. Using variation across time and states in India, this column finds strong evidence that financial deepening reduces rural poverty, especially among the self-employed. Financial deepening is also found to be associated with an inter-state migration trend from rural areas into the tertiary sector in urban areas.
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Creating entrepreneurs: A big new idea in development
Oriana Bandiera , Robin Burgess , Imran Rasul
Posted on: 07 Jan 2013

Can the world’s poorest people become entrepreneurs? This column outlines results from an evaluation of the Ultra Poor programme in Bangladesh, a scheme that the NGO behind it claims is a staggering success.
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