Strengthening the care economy: Benefits for developing countries
A robust care economy is crucial for developing nations as it promotes gender equality and drives inclusive economic growth. Through an increased number of women in the workforce and improved training, wages, and working conditions in the care industry, governments and the private sector can create a stronger care economy. MSC has worked with a range of stakeholders, simplified childcare models, and provided recommendations to accelerate the development of a vibrant care economy.
Mentorship for Women Entrepreneurs – A highway to growth
MSC and the Women Entrepreneurship Platform (WEP) researched women entrepreneurs’ awareness, access, experience, and perceptions of the value derived from mentorship. The report “Mentorship for Women Entrepreneurs—A Highway to Growth” provides essential insights into the need, design, and perceived value of entrepreneurial mentorship for women-led businesses. It offers a glimpse of the current mentorship landscape in India and its skewed geographical and gender focus. The report also offers key recommendations to enhance the nationwide availability of effective mentorship for women entrepreneurs.
Conversational Payments on UPI: Unlocking new frontiers for next-generation payments
India stands at the forefront of developing AI capabilities in payment services—FSPs in India have invested more than USD 3.2 billion to create AI-driven solutions. This white paper introduces NPCI’s “Conversational Payments on UPI” solution and discusses how it can provide users with a seamless payment experience. We also explore factors that could influence the adoption of conversational payments in India and opportunities for financial service providers to offer conversational payments-based solutions.
Digital payments in India have surged, projected to exceed $10 trillion by 2026. A key contributor is the digitization of bill payments and collections, with BBPS aiming to be India’s primary collections platform, offering secure and standardized solutions. MSC explores BBPS’s journey and future potential in this white paper.