Clips

Budget 2013: Finance minister P Chidambaram boldly votes for growth over politics

Never before has a finance minister rejected populist giveaways so decisively in an election year. Never before has a finance minister sought to win the next elections not through tax breaks and freebies, but by accelerating GDP growth and taming inflation through fiscal consolidation.

http://economictimes.indiatimes.com/opinion/columnists/swaminathan-s-a-aiyar/budget-2013-finance-minister-p-chidambaram-boldly-votes-for-growth-over-politics/articleshow/18738693.cms

A Budget of short term measures, no grand design

The budget is at best, a sincere bid to stave off threats of a possible downgrade by rating agencies and, at worst, an exercise of ad hocism.

http://www.livemint.com/Opinion/R5FifeK3Defmhzz0Xq7PbM/A-Budget-of-short-term-measures-no-grand-design.html

Budget 2013: Chidambaram promises to act on FSLRC

Finance minister P. Chidambaram has promised to act decisively on the recommendations of the Financial Sector Legislative Reforms Commission (FSLRC), which is expected to submit its report next month.

http://www.livemint.com/Politics/70KBkLZWynpaZuDQI3X17M/Budget-2013-Chidambaram-promises-to-act-on-FSLRC.html

Banks get nod to act as insurance brokers

Finance Minister P Chidambaram today said banks would be allowed to act as insurance brokers to increase insurance penetration in the country despite concerns expressed recently by the banking regulator against such a move.

http://www.business-standard.com/article/budget/banks-get-nod-to-act-as-insurance-brokers-113022800760_1.html

Government plans India's first women's bank

The new bank aims to reduce gender bias by offering loans to women-run businesses and self-help groups (SHGs), which is a core business of most microfinance companies in the country.

http://budget.business-standard.com/budget13/storypage.php?autono=162554

Budget Reactions: Budget has few schemes for microfinance sector says MFIN

The 2013-14 budget contains few initiatives for promotion of universal financial inclusion. From the standpoint of the Microfinance Industry, a token contribution of an additional ` 100 crore to the India Microfinance Equity Fund has been made.

http://www.moneycontrol.com/news/economy/budget-reactions-budget-has-few-schemes-for-microfinance-sector-says-mfin_832333.html

Budget 2013: Sebi Act to be amended, to get more powers

Finance minister P Chidambaram said the Securities and Exchange Board of India Act or Sebi Act will be amended to give more powers to the capital market watchdog.

http://economictimes.indiatimes.com/markets/regulation/budget-2013-sebi-act-to-be-amended-to-get-more-powers/articleshow/18728742.cms

Where's The Cash? The Geography Of Cash Points In Tanzania

The Financial Sector Deepening Trust of Tanzania (FSDT) has completed a census of cash outlets in the country, where basic cash in/cash out transactions can be conducted. The data was collected during April-July 2012, and is freely available to view on Google Maps here.

http://www.cgap.org/blog/geography-cash-points-tanzania