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Showing posts from December, 2015

Adieu Udaipur !

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Today is my last day at Access Development Services (ADS). I started eighteen months ago managing Farmer Producer Companies (FPOs) at South Rajasthan. I am very proud of my team, and I wish them well. They have a lot of challenging work ahead. But for me, it’s time to move on.  I’m not going to sugarcoat the reasons for my exit. This might be my last chance to switch sector since I am not getting any younger. I have taken a role of Operations Manager in  Chaitanya  at Pune that works in the micro-finance sector. I recognize the task before me is neither small nor easy. Microfinance means different work-style and leadership. The profile of a candidate in the development sector belongs to someone who easily adapts to new environments, enjoys travel and field work, likes to tinker with things, and prefers independence and improvisation to super specific tasks. Strong people management skills is a bonus learning, and much required.  One can't always be the ...

The Dark World of NGOs

Do you know that only about 10 per cent of the over 22 lakh NGOs file their annual income and expenditure statements with the authorities ? As per given Source - A total of Rs 13,051 crore foreign contribution was received by 17,616 NGOs in the country in 2013-14, Rs 11,527 crore by 20,497 NGOs in 2012-2013 and Rs 11,558 crore by 22,747 NGOs in 2011-2012. Also quoting another Source - The main change is that all NGOs will have to make public each foreign contribution received by them within a week of the receipt, on their official website or a website prescribed by the government. Foreign Contribution Regulation Act (FCRA) is a regulatory tool that enables monitoring and control of foreign funding. It will be better to know about  pros and cons of this tool  before going in this debate. PMO has initiated exercise to tighten monitoring over NGOs in the country. Intelligence Bureau has given inputs to "improve oversight and increase transparency" in the working of the volu...

Livelihoods Asia Summit 2015

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Livelihoods Asia Summit 2015 was being held on December 10 and 11 in New Delhi, India. The Summit sessions were on topics like skill development, impacts of climate change on livelihoods, inclusive value chains, policy innovations, and private sector partnerships, among the approaches that offer a pathway out of poverty. The summit has more than a hundred delegates working as  sector specialists,  practitioners, and advocates in the livelihood sector. Panel sessions and other live events are great — especially the Q&A &, which ranges from absurd to tricky. There was a focus on policies, programs, private players, and potential in the poor during the sessions. There was emphasis by panelists to think of poverty as a dynamic and multidimensional phenomenon. There were numerous policy-level talks on SHG and FPO, but the dialogues on the next generation of institutions were lacking at the summit. The summit also ignored rights-based approaches to livelihood develo...

Inclusive Finance India Summit 2015

ACCESS has hosted the Inclusive Finance India Summit from December 8th to 9th, 2015 at in New Delhi, India. The summit has gained recognition and the Inclusive Finance India Report has been quoted extensively in the Malegam Committee , and working report for the Microfinance Bill. The Summit has facilitated discourse on issues like-policy environment, data analytics in financial inclusion, mobile wallets, BC model, customer protection, impact of JAM, and innovations in the sector. I attended the summit as the delegate of ACCESS team. The Summit began with release of the Sector report 2015 was followed by several sessions on microfinance and financial inclusion in the country. The buzz of the sessions were around Mudra bank , Payment banks, cash less economy and Small Finance Banks. Eight out of 10 Small Finance Banks which have been given in-principle nod by RBI are microfinance institution (MFIs).  Sector experts are hopeful that Small Finance Banks  fill the "missing midd...