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In India, More Than 50% of Jan Dhan Yojana Bank Accounts Remain Empty
Nearly nine months after the Prime Minister’s Jan Dhan Yojana (PMJDY) was launched, more than half the accounts do not have any balance.
- Categories
- Uncategorized
- Region
- South Asia
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Why Is Pakistan So Far Behind Its Neighbors in Financial Inclusion?
Just this month the World Bank released the 2014 edition of its Global Financial Inclusion (Findex) database. Findex provides useful indicators on savings, borrowings, and payments made by people across the world. The data indicate that the global, adult, banked population stood at 62 percent as of 2014 end, but that still leaves a whopping 2 billion folks that still remain un-banked.
- Categories
- Uncategorized
- Region
- South Asia
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Viewpoint: We Need a New Global System of Disaster Insurance
Natural disasters like the devastating earthquake in Nepal constitute a highly uncertain but quantifiable risk. No one can say for sure when a major earthquake will strike. But the fault lines are known. We need a new global system of disaster insurance, akin to how homeowners guard against calamity.
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- Uncategorized
- Region
- South Asia
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Shadow Financing Indirectly Flowing Into China Stock Market
Mix the mainland's red-hot stock market with its opaque shadow lending industry and the result could be a new level of risk in the mainland financial sector.
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- Uncategorized
- Region
- South Asia
- Tags
- lending
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Saving Nepal: The Information Revolution
Communities impacted by the 7.8 magnitude earthquake (and subsequent aftershocks) that struck Nepal on April 25th have a variety of needs, stemming from immediate protection of physical safety and security, access to life saving services, and basic subsistence (food, clean water, shelter) and psycho-social support in the aftermath of an extremely traumatic event. In the case of Nepal and the city of Kathmandu, recent reports suggest that the capital city’s critical infrastructure and services were not sufficiently resilient to protect against an earthquake, that the topography of the region is such that landslides remain a concern, and that socio-cultural factors like caste-based discrimination makes some communities more vulnerable than others.
- Categories
- Health Care
- Region
- South Asia
- Tags
- philanthropy
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Crowdfunding Raises Millions for Nepal Earthquake Victims
If you want to measure the constructive power of social media, look no further than the crowdfunding campaigns for Nepal earthquake victims, which have proliferated in the days since disaster struck the nation.
- Categories
- Technology
- Region
- South Asia
- Tags
- crowdfunding, philanthropy
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Viewpoint: Nepal Response Shows Why Donor-Advised Funds Are a Boon to Philanthropy
In the days immediately after Americans learned of the devastating earthquake in Nepal, they began to send millions of dollars in donations to organizations prepared to put disaster-relief boots on the ground in that historic Himalayan kingdom.
- Region
- South Asia
- Tags
- philanthropy
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CNET Founder Eyes Bitcoin Wallet in India
From having founded the pioneering digital publishing platform CNET, selling it for $1.8 billion to CBS and filing for Chapter 7 bankruptcy subsequently, Halsey Minor — an American serial tech entrepreneur from the 1990s dotcom boom era — has seen it all. His next big bet is digital finance, which he describes as the "last frontier of internet", with all other consumer-facing segments having been already tapped.
- Categories
- Uncategorized
- Region
- South Asia
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