Release of our Report “Digital Inclusion: Moving One Step Closer” by Mr. Anil Kaushal, Full Time Member, TRAI, New Delhi

PIF report on ‘Digital Inclusion: Moving One Step Closer’ was released on 2nd November 2016 by Shri Anil Kaushal, Full Time Member, TRAI. Opening remarks at the programme was made by Dr. Rajiv Kumar, Founder Director, Pahle India Foundationand Shri R Chandra shekhar, President, NASSCOM delivered the keynote address. Shri Saurabh Roy, Fellow, Pahle India…

Interoperability between Clearing Corporations

The second seminar of the monthly “BSE-PIF Financial Sector Policy Series” was held in Mumbai on the 22nd of September 2016. The session was moderated by G Padmanabhan (Non-Executive Chairman, Bank of India & Ex-ED, RBI). The seminar discussants were B. Sambamurthy (Nominee Director, RBI), Piyush Chourasia (Chief Risk Officer & Head – Strategy, ICCL),…

RBI’s Next Thousand Days

What Urjit Patel can do to help improve India’s investment climate Urjit Patel will take over as Governor of RBI on September 4. Close to 53, he is among the youngest to be appointed to this position. One ho pes this is part of a larger move by Prime Minister Narendra Modi and the NDA…

Asset Classes and Taxation: Tax Regimes for the Future, Mumbai

The first seminar of the monthly “BSE-PIF Financial Sector Policy Series” was held in Mumbai on the 22nd of August 2016. The session was chaired by Ashish Chauhan – CEO, BSE and moderated by Dr. Rajiv Kumar – Founding Director, Pahle India Foundation. The seminar discussants were Anup Bagchi (CEO, ICICI Securities), Praveen Chakravarty (Senior…

Regulation in the 21st century

In 2012, the state of Minnesota in the US briefly banned free online education. That’s right, a government thought it was a bad thing for people to educate themselves for free. The government essentially banned universities from offering classes online without taking permission from the regulatory body which included a registration fee. We in India…

Credit rating: The agency problem

Credit rating agencies (CRA) in India suffer from chronic problems in multiple dimensions. They work towards maximizing CRA shareholder value by way of increasing revenues from issuers, while trying to provide independent ratings for the consumption of investors. As that may sound convoluted, let us take a step back and understand why rating agencies have…