India is the second-largest user of fertilizer in the world, after China. It offers subsidies on fertilizers to make them affordable to the country's 150 million farmers – and ultimately, to ensure food security. But as Ritesh Rautela and Anurodh Giri at MSC point out, an estimated 65% of this fertilizer does not reach the intended beneficiaries – and the system has faced leakages and uneven usage among recipients. They propose a tech-fueled solution that could benefit both farmers and the Indian government.
Not Just Another Startup Accelerator in India: How the Financial Inclusion Lab is Shining a Light on Underserved Customers
India today has an accelerator for almost every domain, ranging from fintechs to healthcare. But as analysts at MSC point out, many of these accelerators face a common shortcoming: a lack of inclusivity. They discuss how the Financial Inclusion Lab accelerator avoids that issue, and how it boosts startups to strengthen the financial inclusion movement in India.
The COVID-19 pandemic has brought unprecedented challenges to the financial services industry – particularly in emerging markets. In the second article of this two-part series, analysts at MSC explore seven key measures fintechs are taking to stay relevant, augment their recovery and build their resilience during the crisis.