WCD Ministry and Bill & Melinda Gates Foundation sign MoC for technical support to strengthen the nutrition programme in India:-

The Ministry of Women and Child Development , Government of India, and the  Bill & Melinda Gates Foundation  signed a Memorandum of Cooperation (MoC) today  to provide technical support at the National and State level for strengthening the delivery of nutrition goals, especially during pre-conception, pregnancy and first two years of life.

Further, the Gates’ Foundation will support an enhanced framework of collaboration in Information and Communication Technology enabled Real Time Monitoring (ICT-RTM) of Integrated Child Development Services (ICDS) and technical support on nutrition.

Improving the health and lives of women and children in India, by strengthening nutrition programs in order to promote their holistic development is one of the topmost priorities of the Government. In sync with this focus, the four priority areas of work as part of this MoC would include:

  1. Development and deployment of ICT solutions for improving and strengthening ICDS Service Delivery System.
  2. Support Ministry of Women & Child Development in developing a shared national communications campaign for maternal and child nutrition among target populations.
  3. Provision of technical support for the National Nutrition Mission, Restructured ICDS Systems Strengthening and Nutrition Improvement Project (ISSNIP) and Restructured ICDS through a Technical Support Unit at the national and state level for strengthening their capacities to deliver nutrition especially during pre- conception, pregnancy and first two years of life.
  4. Technical support and Knowledge management support to strengthen human resource  capabilities at various  levels  in order to  deliver effective  nutrition interventions.
  5. This collaboration will strengthen the government’s restructured ICDS Systems Strengthening and  Nutrition Improvement  Project  (ISSNIP) and  National Nutrition Mission, with a focus on technological innovation, sharing best practices and use of data and evidence to enhance performance at the national and state level.

New Draft National Policy for Women:-

After a gap of 15 years, the Centre has come up with a draft national policy for women. The new draft policy is aimed at “re-scripting” women’s empowerment by following a “socially inclusive rights-based approach.”

The policy is roughly based on the Pam Rajput Committee report set up by the MWCD in 2012 which submitted its recommendations last year, including a suggested national policy for women and an action plan to end violence against women.

Significance of this policy:

Since 2001, when the last National Policy for Empowerment of Women was formulated, the concept of women empowerment has seen changes, from being recipients of welfare benefits to the need to engage them in the development process, welfare with a heavy dose of rights. This draft policy has tried to address this shift. It will define the government’s action on women in the next 15-20 years.

Key Details:

  1. The policy aims to create sustainable socio-economic, political empowerment of women to claim their rights and entitlements, control over resources and formulation of strategic choices in realisation of the principles of gender equality and justice.
  2. The policy envisions a society in which, women attain their full potential and are able to participate as equal partners in all spheres of life. It also emphasises the role of an effective framework to enable the process of developing policies, programmes and practices which will ensure equal rights and opportunities for women.
  3. The broad objective of the policy is to create a conducive socio-cultural, economic and political environment to enable women enjoy de jure and de facto fundamental rights and realize their full potential.
  4. The policy also describes emerging issues such as making cyber spaces safe place for women, redistribution of gender roles, for reducing unpaid care work, review of  personal and customary laws in accordance with the Constitutional provisions, Review of criminalization of marital rape within the framework women’s human rights etc. relevant in the developmental paradigms.
  5. Operational strategies laid down in the policy provide a framework for implementation of legislations and strengthening of existing institutional mechanisms through action plan, effective gender institutional architecture. Advocacy and Stakeholder Partnerships, Inter-Sectoral Convergence, Gender Budgeting and generation of gender disaggregated data have also been given due focus.
  6. The new policy has suggested dependent care and child care leave not for just working women, but working men too.

The policy defines following as the priority areas:

  1. Health including food security and nutrition.
  2. Education
  3. Economy
  4. Governance and Decision Making.
  5. Violence Against Women.
  6. Enabling Environment.
  7. Environment and Climate Change.

Oil-for-drugs deal likely with crisis-hit Venezuela

India has proposed an oil-for-drugs barter plan with cash-strapped Venezuela to recoup millions of dollars in payments owed to some of India’s largest pharmaceutical companies.

This payment mechanism would allow Venezuela to repay some of the amount owed with oil.

The proposal would use the State Bank of India to mediate the transfer. The plan is now awaiting approval from the Finance Ministry and the Reserve Bank of India, which regulates such payments.

Several Indian generics producers rely on Venezuela as they sought emerging market alternatives to slower-growing economies such as the United States. But the unravelling of Venezuela’s socialist economy amid a fall in oil prices has triggered triple-digit inflation and a full-blown political and financial crisis. Unable to pay its bills, the country is facing severe shortages of even basic supplies such as food, water and medicines.

India, one of the world’s biggest oil importers along with the United States and China, had similarly elaborate barter deals with Iran, swapping rice and wheat for oil.


Speed, Reliability, Safety: 3 Pillars Of Prabhu’s Vision For Railways

-Interview with Raiilway Minister

Disclaimer- We believe interviews are more revealing than editorials ever will be for the simple reason that interviews are usually to the point (sometime off the point though) and represent the authority where as editorials are opinions and above all interviews are usually backed the interviewed person’s institution.This interview is represented as-is and no editorial oversight done by us.Hence read with due care.

How do you assess your first two years as railway minister? What were the challenges and constraints you faced?

On my first day, I only knew about railways as a passenger. I started studying it and I realised that it was in deep trouble. So many things that needed to be done had not been done. It was both acts of commission as well as omission that was responsible for the problem.

I said it is inconceivable that such a large organisation, such a large part of the economy, can be overhauled without a long term regime plan. Therefore, I said let us prepare a five-year plan. But I also knew that the challenge when you deal with the overhaul of a sector is that people will keep asking you, that is alright but what about today? And if you solve only today’s problem, you will never solve the long term problem and railways will get into bigger trouble. So I said let us have a five-year plan (now we are extending it to 15 years, so a 2030 plan will also be ready) but also address immediate problems of the people.

I was once at Varanasi station. A train was delayed because of fog. One person told me not only is the train delayed but there is no charging point, so I cannot tell anyone. So I said, we will put up charging points, improve food quality, cleanliness in stations and coaches, retro-fit coaches internally, provide wi-fi. These are small things that can happen in the short term. They are the deliverables for the customer, but not something that will overhaul the railways. What is important is to keep eye on short term without losing sight of long term. That has to be our strategy.

How did you go about it?

My first budget was the first step in that direction. It was also a complete departure from earlier budgets. One budget had ten pages on stoppages, another had several pages on new trains, there were announcements that had not been provided for in the budget, like starting a new division, a new zone. I said we will not make a budget like this, we will give strategic direction to railways, we will talk about challenges and how to address those challenges and the core budget – the financial statement, expenditure-income – will be very precise and sans fanfare.

It was a very deglamourised budget but people accepted it as a good budget. But everyone was stunned that I have not started new trains. We have started new trains but it has nothing to do with the budget. The budget is a financial statement, a policy statement, showing the direction. All these [new trains, stoppages] are operational issues. In that case I should also announce transfer of one official in my budget speech.

And we did something exceptional. Normally, people would be focussed on getting money from the ministry of finance. If it didn’t give, then nothing would happen. And I would blame the finance minister – I want to do so much, he is not giving money.

I said we will not do this. We will very strongly lobby with the finance ministry to get as much resources as possible, but we will not be constrained by the fact that they are not giving. So we raised the money – got Rs 1.50 lakh crores from LIC [Life Insurance Corporation]. We also went outside the budget.

This year’s budget is, in a way, a continuation but it is also a little higher level of change. We are trying to change the Railway Board management structure; we are also considering cross-functional entities. Compartmentalisation of railways is a problem – it is about specialisation but also creates hurdles to seamless functioning, so that has been addressed. Some task forces have been created. Two directorates have been created – one for mobility and one for revenues. Others are in the process of being created. The idea is that we should try to work as a team, in a focussed manner, knowing your objectives very clearly, and then to realise those objectives. Whatever structural changes need to be brought in should be brought in.

There has been scepticism about your revenue projections – you didn’t achieve what you promised to

But that is something beyond me. What is the revenue of railways? It is from freight. The projection of revenues was based on the projection for development of the core sector. If the core sector does not grow as much, obviously we can do nothing about it. It is an externality to the railways. I knew this, but I wanted to challenge the railways.

I will tell you the result of this. Last year, we were ready, for the first time, with capacity for handling 1.2 billion tonnes of cargo. That capacity is there today. Earlier the cargo handlers had to chase the railways, now the railways is chasing them. It is a very different type of approach. Like China does, we created capacity ahead of demand. So supply side constraints have been removed; whether demand will come or not depends on the market.

What are the areas where you feel you could have done more?

A lot of people compliment me for doing a great job. I am not content. But I don’t think making stations clean, making food quality better, reservation experience better is a great thing. Because this is not my objective. I will be happy when we will be able to transform the railways in the real sense of the term – the speed, the reliability, safety. And, in my opinion, the first stage is 2020; then you can actually judge it

Why I am saying 2020? We are adding, doubling, tripling lines, wherever there is congestion. And all of this cannot be done, unfortunately, in one year, but over three to four years. By 2020, we would have added capacity, modernised signalling to a great extent, completed hopefully the dedicated freight corridor so most of the. . .

When will that be completed?

We are planning for 2019, but 2020 in the worst situation. Land sometime becomes an issue.

Railways operating ratio needs to improve, can you do it without increasing freight charges and passenger fares?

If you increase freight rate, you will lose more share. This year, railways, for the first time probably, reduced the freight. Because then we get more business. My colleagues are talking to various industries. We asked the Cement Manufacturers’ Association, we will reduce [freight] by 5 per cent, how much more [business] will you give? They said we will give you 15-20 per cent more. So this is one strategy.

Globally, you cannot run railways based on these two streams of revenue – freight and fare. In most major countries, the contribution of non-rail revenue is 30 per cent. In India, it is not even 1 per cent. So we have created another directorate – to increase non rail revenue. One [source] is advertisement, then station redevelopment.

But it doesn’t seem to have got too much interest; also there are issues about civic infrastructure in the vicinity

Work on 10-20 will definitely start this year. It is a completely transparent process. We will put all the technical information on the website, then we will invite bids. This is done at the level of general manager because station redevelopment is a very local issue. People bid for it. Then they will try to normalise the proposal, it is a technical issue. So once it is normalised, to say that operational issues are handled, then it will be handed over to a two-member expert group, one technical and one financial. The short-listed companies will again be put on the website.

At that time of I have given a bid for Rs 100 crore, you have a right to improve on it, say Rs 120 crore. But you may do it just to kill competition or spoil the bid. To make sure it does not happen, the first bidder will have right of first refusal by taking the Rs 120 crore. So this is a very unique bid formula. It is not Swiss challenge; it is Indian challenge. Swiss challenge starts with unsolicited bid, but we start with solicited bid.

I am talking to the states. We are forming joint venture companies with them, I am suggesting that we put station development in that. The advantage for them is that the land is ours, they don’t put any money. What are our advantages – they give us more floor space index. Why? Because they also feel the city will get developed properly.

The second strategy is working with foreign governments. Korea, Japan, China, France, Germany are all interested. They will work with the state government entity. I asked the Delhi chief minister, he is interested.

But in many cities, the approach to stations is so congested. What’s the point in having a snazzy station when getting there is a harrowing?

That will be taken care of by the state government, civic bodies. Plus I have already talked to [urban development minister] Venkaiah Naidu. I don’t think a city can be smart without a smart station, so why not include smart station development as part of Smart City?

How much interest has been expressed?

Pre-bid conferences have been held in most of the zones, and there is a lot of interest. We did one for Surat – 17 bids have come.

You are criticised for overly focussing on middle class segment

Look, what are we. We are a transporter. What is my core job? It is to transport people and goods. So if I don’t take care of my customer, why will they come to us?

What is the progress on Rail Development Authority? Why are you shying away from calling it a regulator, which was the original idea?

Functions are completely regulatory. If regulators are going to accept cost as a starting point, then fix fares, that is a very simple thing to do. I want regulators to add one more function, which is very important, which is to find out how to improve efficiency. If you don’t do that, what is the point? I will keep increasing my cost, and the regulator decides the fare. So my customer is going to be overloaded with this.

A regulator should do development work, try to reduce the cost, increase the efficiency. If you don’t do that, what is the purpose? This is my own contribution to the whole process. The Debroy committee had spoken about the need for a regulator. I said it is a good idea, but if you don’t improve the efficiency, if you make it cost plus, how can the economy develop?

You are also not tackling the rigid rail bureaucracy

If you want to have disruption as the sole purpose of doing change then why does change make sense? I personally believe the whole purpose of change is outcome based. If the idea is to come and demolish everything, then it is a great victory because nothing is remaining. But nothing is functional either. Is that a purpose? That is why we have created these cross-functional directorates.

So it is not true that we are not touching. We are changing the bureaucracy. We are talking to the officers’ association. It is a 150 years old organisation, it has not changed much; you cannot just tell them that from tomorrow, what you did for 150 years was wrong. It is counter-productive. Rather, you tell them this is the outcome you want, this is the best way to achieve the outcome. They will also realise it. So the changes we are making are very significant but we are not making a big announcement about it because it will become counter-productive.

The railway unions are very strong. They can trip you up.

We have excellent relations with them. Is having good relations a problem? What is important to realise is that the same union is cooperating with us on safety, on customer service.

What is the progress on shift to accrual based accounting?

That project is on. See, we use generic terms and create a problem. All expert committees have spoken about accounting reform – single entry-double entry, cash to accrual. What is the reform? This is a basic thing. Have I done something more?

What we are doing is an outcome-based accounting. If you have outcomes to be derived, it cannot be done post creation of expenditure. You measure it that time, but the process has to start with budgeting. So it is a way of tracking budgeted expenditure, output and outcome. It is a very complex thing. World Bank people have said nobody has done it, this is how it should be done. They are also collaborating with us.


 

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  • Petrol in India is cheaper than in countries like Hong Kong, Germany and the UK but costlier than in China, Brazil, Japan, the US, Russia, Pakistan and Sri Lanka, a Bank of Baroda Economics Research report showed.

    Rising fuel prices in India have led to considerable debate on which government, state or central, should be lowering their taxes to keep prices under control.

    The rise in fuel prices is mainly due to the global price of crude oil (raw material for making petrol and diesel) going up. Further, a stronger dollar has added to the cost of crude oil.

    Amongst comparable countries (per capita wise), prices in India are higher than those in Vietnam, Kenya, Ukraine, Bangladesh, Nepal, Pakistan, Sri Lanka, and Venezuela. Countries that are major oil producers have much lower prices.

    In the report, the Philippines has a comparable petrol price but has a per capita income higher than India by over 50 per cent.

    Countries which have a lower per capita income like Kenya, Bangladesh, Nepal, Pakistan, and Venezuela have much lower prices of petrol and hence are impacted less than India.

    “Therefore there is still a strong case for the government to consider lowering the taxes on fuel to protect the interest of the people,” the report argued.

    India is the world’s third-biggest oil consuming and importing nation. It imports 85 per cent of its oil needs and so prices retail fuel at import parity rates.

    With the global surge in energy prices, the cost of producing petrol, diesel and other petroleum products also went up for oil companies in India.

    They raised petrol and diesel prices by Rs 10 a litre in just over a fortnight beginning March 22 but hit a pause button soon after as the move faced criticism and the opposition parties asked the government to cut taxes instead.

    India imports most of its oil from a group of countries called the ‘OPEC +’ (i.e, Iran, Iraq, Saudi Arabia, Venezuela, Kuwait, United Arab Emirates, Russia, etc), which produces 40% of the world’s crude oil.

    As they have the power to dictate fuel supply and prices, their decision of limiting the global supply reduces supply in India, thus raising prices

    The government charges about 167% tax (excise) on petrol and 129% on diesel as compared to US (20%), UK (62%), Italy and Germany (65%).

    The abominable excise duty is 2/3rd of the cost, and the base price, dealer commission and freight form the rest.

    Here is an approximate break-up (in Rs):

    a)Base Price

    39

    b)Freight

    0.34

    c) Price Charged to Dealers = (a+b)

    39.34

    d) Excise Duty

    40.17

    e) Dealer Commission

    4.68

    f) VAT

    25.35

    g) Retail Selling Price

    109.54

     

    Looked closely, much of the cost of petrol and diesel is due to higher tax rate by govt, specifically excise duty.

    So the question is why government is not reducing the prices ?

    India, being a developing country, it does require gigantic amount of funding for its infrastructure projects as well as welfare schemes.

    However, we as a society is yet to be tax-compliant. Many people evade the direct tax and that’s the reason why govt’s hands are tied. Govt. needs the money to fund various programs and at the same time it is not generating enough revenue from direct taxes.

    That’s the reason why, govt is bumping up its revenue through higher indirect taxes such as GST or excise duty as in the case of petrol and diesel.

    Direct taxes are progressive as it taxes according to an individuals’ income however indirect tax such as excise duty or GST are regressive in the sense that the poorest of the poor and richest of the rich have to pay the same amount.

    Does not matter, if you are an auto-driver or owner of a Mercedes, end of the day both pay the same price for petrol/diesel-that’s why it is regressive in nature.

    But unlike direct tax where tax evasion is rampant, indirect tax can not be evaded due to their very nature and as long as huge no of Indians keep evading direct taxes, indirect tax such as excise duty will be difficult for the govt to reduce, because it may reduce the revenue and hamper may programs of the govt.

  • Globally, around 80% of wastewater flows back into the ecosystem without being treated or reused, according to the United Nations.

    This can pose a significant environmental and health threat.

    In the absence of cost-effective, sustainable, disruptive water management solutions, about 70% of sewage is discharged untreated into India’s water bodies.

    A staggering 21% of diseases are caused by contaminated water in India, according to the World Bank, and one in five children die before their fifth birthday because of poor sanitation and hygiene conditions, according to Startup India.

    As we confront these public health challenges emerging out of environmental concerns, expanding the scope of public health/environmental engineering science becomes pivotal.

    For India to achieve its sustainable development goals of clean water and sanitation and to address the growing demands for water consumption and preservation of both surface water bodies and groundwater resources, it is essential to find and implement innovative ways of treating wastewater.

    It is in this context why the specialised cadre of public health engineers, also known as sanitation engineers or environmental engineers, is best suited to provide the growing urban and rural water supply and to manage solid waste and wastewater.

    Traditionally, engineering and public health have been understood as different fields.

    Currently in India, civil engineering incorporates a course or two on environmental engineering for students to learn about wastewater management as a part of their pre-service and in-service training.

    Most often, civil engineers do not have adequate skills to address public health problems. And public health professionals do not have adequate engineering skills.

     

    India aims to supply 55 litres of water per person per day by 2024 under its Jal Jeevan Mission to install functional household tap connections.

    The goal of reaching every rural household with functional tap water can be achieved in a sustainable and resilient manner only if the cadre of public health engineers is expanded and strengthened.

    In India, public health engineering is executed by the Public Works Department or by health officials.

    This differs from international trends. To manage a wastewater treatment plant in Europe, for example, a candidate must specialise in wastewater engineering. 

    Furthermore, public health engineering should be developed as an interdisciplinary field. Engineers can significantly contribute to public health in defining what is possible, identifying limitations, and shaping workable solutions with a problem-solving approach.

    Similarly, public health professionals can contribute to engineering through well-researched understanding of health issues, measured risks and how course correction can be initiated.

    Once both meet, a public health engineer can identify a health risk, work on developing concrete solutions such as new health and safety practices or specialised equipment, in order to correct the safety concern..

     

    There is no doubt that the majority of diseases are water-related, transmitted through consumption of contaminated water, vectors breeding in stagnated water, or lack of adequate quantity of good quality water for proper personal hygiene.

    Diseases cannot be contained unless we provide good quality and  adequate quantity of water. Most of the world’s diseases can be prevented by considering this.

    Training our young minds towards creating sustainable water management systems would be the first step.

    Currently, institutions like the Indian Institute of Technology, Madras (IIT-M) are considering initiating public health engineering as a separate discipline.

    To leverage this opportunity even further, India needs to scale up in the same direction.

    Consider this hypothetical situation: Rajalakshmi, from a remote Karnataka village spots a business opportunity.

    She knows that flowers, discarded in the thousands by temples can be handcrafted into incense sticks.

    She wants to find a market for the product and hopefully, employ some people to help her. Soon enough though, she discovers that starting a business is a herculean task for a person like her.

    There is a laborious process of rules and regulations to go through, bribes to pay on the way and no actual means to transport her product to its market.

    After making her first batch of agarbathis and taking it to Bengaluru by bus, she decides the venture is not easy and gives up.

    On the flipside of this is a young entrepreneur in Bengaluru. Let’s call him Deepak. He wants to start an internet-based business selling sustainably made agarbathis.

    He has no trouble getting investors and to mobilise supply chains. His paperwork is over in a matter of days and his business is set up quickly and ready to grow.

    Never mind that the business is built on aggregation of small sellers who will not see half the profit .

    Is this scenario really all that hypothetical or emblematic of how we think about entrepreneurship in India?

    Between our national obsession with unicorns on one side and glorifying the person running a pakora stall for survival as an example of viable entrepreneurship on the other, is the middle ground in entrepreneurship—a space that should have seen millions of thriving small and medium businesses, but remains so sparsely occupied that you could almost miss it.

    If we are to achieve meaningful economic growth in our country, we need to incorporate, in our national conversation on entrepreneurship, ways of addressing the missing middle.

    Spread out across India’s small towns and cities, this is a class of entrepreneurs that have been hit by a triple wave over the last five years, buffeted first by the inadvertent fallout of demonetization, being unprepared for GST, and then by the endless pain of the covid-19 pandemic.

    As we finally appear to be reaching some level of normality, now is the opportune time to identify the kind of industries that make up this layer, the opportunities they should be afforded, and the best ways to scale up their functioning in the shortest time frame.

    But, why pay so much attention to these industries when we should be celebrating, as we do, our booming startup space?

    It is indeed true that India has the third largest number of unicorns in the world now, adding 42 in 2021 alone. Braving all the disruptions of the pandemic, it was a year in which Indian startups raised $24.1 billion in equity investments, according to a NASSCOM-Zinnov report last year.

    However, this is a story of lopsided growth.

    The cities of Bengaluru, Delhi/NCR, and Mumbai together claim three-fourths of these startup deals while emerging hubs like Ahmedabad, Coimbatore, and Jaipur account for the rest.

    This leap in the startup space has created 6.6 lakh direct jobs and a few million indirect jobs. Is that good enough for a country that sends 12 million fresh graduates to its workforce every year?

    It doesn’t even make a dent on arguably our biggest unemployment in recent history—in April 2020 when the country shutdown to battle covid-19.

    Technology-intensive start-ups are constrained in their ability to create jobs—and hybrid work models and artificial intelligence (AI) have further accelerated unemployment. 

    What we need to focus on, therefore, is the labour-intensive micro, small and medium enterprise (MSME). Here, we begin to get to a definitional notion of what we called the mundane middle and the problems it currently faces.

    India has an estimated 63 million enterprises. But, out of 100 companies, 95 are micro enterprises—employing less than five people, four are small to medium and barely one is large.

    The questions to ask are: why are Indian MSMEs failing to grow from micro to small and medium and then be spurred on to make the leap into large companies?

     

    At the Global Alliance for Mass Entrepreneurship (GAME), we have advocated for a National Mission for Mass Entrepreneurship, the need for which is more pronounced now than ever before.

    Whenever India has worked to achieve a significant economic milestone in a limited span of time, it has worked best in mission mode. Think of the Green Revolution or Operation Flood.

    From across various states, there are enough examples of approaches that work to catalyse mass entrepreneurship.

    The introduction of entrepreneurship mindset curriculum (EMC) in schools through alliance mode of working by a number of agencies has shown significant improvement in academic and life outcomes.

    Through creative teaching methods, students are encouraged to inculcate 21st century skills like creativity, problem solving, critical thinking and leadership which are not only foundational for entrepreneurship but essential to thrive in our complex world.

    Udhyam Learning Foundation has been involved with the Government of Delhi since 2018 to help young people across over 1,000 schools to develop an entrepreneurial mindset.

    One pilot programme introduced the concept of ‘seed money’ and saw 41 students turn their ideas into profit-making ventures. Other programmes teach qualities like grit and resourcefulness.

    If you think these are isolated examples, consider some larger data trends.

    The Observer Research Foundation and The World Economic Forum released the Young India and Work: A Survey of Youth Aspirations in 2018.

    When asked which type of work arrangement they prefer, 49% of the youth surveyed said they prefer a job in the public sector.

    However, 38% selected self-employment as an entrepreneur as their ideal type of job. The spirit of entrepreneurship is latent and waiting to be unleashed.

    The same can be said for building networks of successful women entrepreneurs—so crucial when the participation of women in the Indian economy has declined to an abysmal 20%.

    The majority of India’s 63 million firms are informal —fewer than 20% are registered for GST.

    Research shows that companies that start out as formal enterprises become two-three times more productive than a similar informal business.

    So why do firms prefer to be informal? In most cases, it’s because of the sheer cost and difficulty of complying with the different regulations.

    We have academia and non-profits working as ecosystem enablers providing insights and evidence-based models for growth. We have large private corporations and philanthropic and funding agencies ready to invest.

    It should be in the scope of a National Mass Entrepreneurship Mission to bring all of them together to work in mission mode so that the gap between thought leadership and action can finally be bridged.