India has witnessed a tremendous economic growth, as measured by GDP, over the past 10 years. Many experts have pointed out that FDI (Foreign Direct Investment) has been one of the major factors taking India to this growth level. Foreign investment in India has increased continuously since...

Demonetization is a process of extraction of a particular form of currency from circulation. The current form of money is pulled out from circulation and retired, to be replaced with new notes or coins. The latest demonetization measures taken by the Indian Government on November 8th 2016, in an...

India has the world's second largest urban population (after China). This paper shows the large disparities within this urban population in health related indicators. It shows the disparities for child and maternal health, provision for health care and housing conditions between the poorest...

COVID-19 outbreak disrupted social and economic activity. Impacts on aviation, tourism, retail, financial markets, MSMEs and oil are assessed in this research. Travel and tourism, which contributes 9.2% of the GDP, will impact the GDP growth rate. Airlines will lose USD 1.56 billion. FPIs...

Microfinance has been on the development agenda for more than 30 years, heralded as the wondrous tool that reduces poverty and empowers women (Hulme and Mosley, 1996; Rutherford, 2001; Morduch and Haley, 2002; Khandker, 1998). Doubts, however, have recently been raised about the success of microfinance...

The micro-finance industry in India is in the midst of the most severe crisis in its 25 years history. The genesis of the problem was the clash between the original micro-finance goals of poverty alleviation with the profit maximization goals of the micro-finance institutions. In the state of...

Sovereign Wealth Funds (SWFs) with combined asset under management of around $4.8 Trillion have emerged as major power in the financial world. The dominant effect of these funds in International finance was on display during the recent recession of 2008. The emergence of these funds has also...

Microfinance sector has covered a long journey from micro savings to micro credit and then to micro enterprises and now entered the field of micro insurance, micro remittance, micro pension and micro livelihood. This gradual and evolutionary growth process has given a great boost to the rural...

The SHG-Bank Linkage Programme in India has been a flag-ship programme of National Bank for Agriculture and Rural Development (NABARD), with the objective of enabling the poorest of the poor to access financial resources to increase household income and to achieve sustained livelihood. The...