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Low awareness of fertilizer subsidy: A challenge to subsidy reforms
In the past two decades, the Government of India has increased the subsidy provided on fertilizers from USD 1.3 billion to USD 11 billion, as illustrated in the graph below. The subsidy has remained consistent at around 1-1.5% of the Gross Domestic Product (GDP). However, over the years, the distribution of fertilizers has become prone […]
Nov 18, 2021
A primer on impact bonds
Outcomes-based financing instruments like impact bonds can help India bridge some of the gaps in Sustainable Development Goals (SDG) financing.
Nov 2, 2021
SIBs can make development spending more effective
Impact bonds are a promising new tool that can help India’s central, state, and local governments take up innovative and scalable catalytic projects.
Oct 29, 2021
India’s gender-responsive policies during COVID-19
Despite the Indian government’s gender-focused relief measures during the COVID-19 pandemic, women beneficiaries faced issues as they tried to access and utilize such measures. Issues with access and capability around digital communication and inherent social norms persist as two important factors that intensify the challenges that #women face in using formal financial services.
Oct 16, 2021
A review of the effectiveness of India’s Direct Benefit Transfer system during COVID-19: Lessons for India and the world
This paper examines the use of existing cash transfer programs and the payment infrastructure used for the timely delivery of PMGKY benefits during the COVID-19 pandemic in India. Additionally, the paper draws insights from PMGKY beneficiaries’ cash withdrawal/access preferences and experiences during the pandemic.
Oct 13, 2021
Abhishek Jain, Nikita Dhingra, Noel Johns and Ritesh Rautela
Efficacy of MGNREGA in mitigating the loss in income and unemployment caused by the COVID-19 pandemic
This paper evaluates the efficacy of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in reversing the surge of unemployment in the country during COVID-19 and presents key takeaways from India’s experience in handling the livelihood crisis.
Oct 7, 2021