Sudip Bandyopadhyay’s Blog

Financial inclusion is one of the main planks in India’s drive to wipe out poverty – equal to efforts to build physical infrastructure.  Government experts define the policy as the “delivery of financial services at an affordable cost to the vast sections of the disadvantaged and low-income groups”.  Officials estimate that more than half of [...]

Gillian Tett, a reporter with FT  mentioned the following incident in a recent column.. ” A decade ago, I was working as a reporter in Tokyo when I was asked to investigate the impact of Japanese-style quantitative easing. Back then, the Bank of Japan was pouring gazillions of yen into the money markets and politicians [...]