Opinion editorials and commentary written for the national press on social protection, informal labour, and financing the social sector.
On extending India's social security architecture — ESI, EPF, and the new labour codes — to gig and unorganised-sector workers. The piece argues that as the formal workforce steadily informalises, translating these codes into real protection will require closing long-standing gaps in coverage and delivery.
Written in the wake of COVID-19's devastating impact on migrant workers, this piece examines how innovative and blended-finance structures — such as Social Venture Funds — can unlock new capital for nonprofits at a moment when the social sector is being asked to fill widening gaps in the state's capacity to deliver welfare.
On the case against using capital regulation as a blunt instrument for NBFCs. The piece argues that the higher capital adequacy norms imposed on non-deposit-taking NBFCs — relative to banks — violate institution neutrality and lock up funds that could otherwise be lent, when the real fix is a robust resolution framework rather than punitive capital requirements.