Archive for the ‘Social Sector’ Category

India’s Key Economic Indicators

March 8, 2011 1 comment

A brilliant summation of economic indicators:

The indicators included are:

  • Agricultural – Foodgrain Production
  • Employment & Unemployment Indicators
  • Performance of Core industries
  • Performance of Index of Industrial Production
  • Wholesale price index and inflation
  • Food and non-food credit of scheduled commercial banks
  • Sectoral deployment of bank credit
  • World commodity prices

Will UID be able to resolve India’s social issues??

September 17, 2010 Leave a comment

Unique Identification Number (UID Number) number to each individual in the country that would remain a permanent identifier right from birth to death of the individual (for basic info on UID, read The ‘Aadhaar’ of UID Number).

While UID can serve a number of purposes, one big area of concern has been the ability of this project to help resolve social issues in India. This is because leakages in our system are prevalent at all levels, while UID would deal with only an individual.

Himanshu has written an insightful article on this issue. Link 

Categories: Social Sector

The ‘Aadhaar’ of UID Number

May 6, 2010 3 comments

Unique Identification Number (UID Number) is a government project which aims to directly address the flaws in Indian Social Infrastructure at its inception.  The project is being steer-headed by Nandan Nilekani, cofounder and former CEO of Infosys.

I came across a Special India report named ‘What’s in a number?’ by CLSA released in May 2010. It states:

The inability of many Indians to prove their identity has contributed to the wastage of social subsidies and diversion of funds to the black market, while creating a “poverty premium” for the poor. Over the next five years, the Unique Identification Authority of India (UIDAI) will issue numbers to 600 million Indians. This massive undertaking should help reduce some of these inefficiencies and inequities, while also creating a US$12-15bn commercial opportunity for consulting, IT hardware and services. This could increase to as much as US$20bn with the long tail impact on banks and telcos.

The report points out to some glaring facts. Read more…

Categories: Social Sector