Ensuring Debt Finance for All Professionally-run MSMEs.
For several years, a number of policy initiatives have been taken to address the financing gaps for MSMEs. Of course, we have improved over the years. However, a lot still needs to be done. Here is a set of views, that I have, on how to go about doing it. Some of it is about…
Access to Finance for Financiers
While enough literature is available pointing out to the lucrative business (and impact) that local financial institutions could target by reaching out to the micro and small businesses in any economy, there is very little written about how these “local financial institutions” can access funding to re-lend to this segment underserved segment. By nature, small…
Interview on SocialStory
SocialStory did an interview piece a few days ago. They asked me about my views on the Indian Food & Agriculture sector in general and also for some details on our work at Caspian. Please find the detailed interview at SocialStory.
Enterprise and Quest towards reducing friction
Customer loyalty is a result of reduced friction. All successful enterprises (for profit or non-profit) are in the business of reducing friction that a customer faces in the process of accessing products or services required by the customer. Friction, that arises during pre-product acquisition as well as post product acquisition phases, needs to be reduced…
MUDRA Bank – How will it help?
First things first, a regulator cum re-financier (market player) is bad design. Period. It leads to moral hazard where the regulator will shape policy to grow only its business. Yes, refinance is business. But I hear that MUDRA Bank is expected to be a regulator and financier of microfinance institutions and micro-enterprises. Why? The only other entity…
Whose responsibility is it to make one “job-ready”?
The industry cribs all the time that Indian education doesn’t produce enough job-ready people. I wonder, is it the responsibility of the schools/colleges to make one job ready by training them on specific tasks? Or is it the school/college’s responsibility to provide the students with the general tools and knowledge of theories and practices that will…
Will the on-demand economy lead to skewed availability of essential services?
On- demand economy businesses (like say über, Elance, etc) do the great thing of connecting idle resources with those who need them, whenever they need them and all of this at a reduced or nil search cost. So, on-demand economy platforms/marketplaces enable better utilisation of resources and improve overall efficiencies. While most people normally prize certainty of…
Payments in remote locations
Payments to dairy farmers in residing in rural remote locations is made primarily in cash across India. Every week/fortnight, the milk collection van brings in a cash box and pays the farmers the price of milk bought since the last payday. In some cases, the payment is daily. Experience revealed that in making payments to…