Institute of Small Enterprises and Development

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Gender budgeting is not a ‘one-fit-for all ‘ solution in the agenda of woman empowerment. Nor are…

Gender budgeting is not a ‘one-fit-for all ‘ solution in the agenda of woman empowerment. Nor are national level policies and directives, by themselves, helpful in achieving these objectives, as demonstrated by the RBI guidelines and their implementation. Under a regime of cooperative federalism, the initiatives have to come from the sub national and regional levels. In this context, the role of the Central Government, and the Central agencies should be as promoters of knowledge creation and diffusion. At the institutional level, the introduction of a regime of voluntary standards, along with broad regulatory measures, may help to some extent.


Action for gender empowerment depends on the political will to gain it. But here, the underlying question is, how economic empowerment is perceived. If it is on the enterprise route, one need to follow the rules of the game. The focus need to be on the value chain. In order to act on the value chain, particular capabilities are need. The prime question for policy, therefore, is, whether such capabilities exist today. If not, they need to be imparted. Who will impart that? Here the question of repetitiveness of institutions and their initiatives need to be examined thoroughly. The ultimate principle need to be a principle of comparative advantage: ‘competence to be counted where it counts most, and incompetence, where it counts least”.

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Call for Financial Experts

ISED Centre for Financial Education and Research, a specialised Knowledge Centre of Institute of small enterprises and Development, is expanding its ‘experts Group on enterprise Finance’. This think-tank forum offers opportunities for knowledge sharing and consultancies.

We invite interested persons with Finance and Banking background, to feel free to contact us: email:

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Entrepreneur‐friendly Cochin’:ISEDJoins CochinCity Corporation’s ambitious Plan

The joint strategy of the ISED and the City Corporation of Cochin, to make the City entrepreneur‐friendly, has come out in the form of an innovative Project: The Enterprise Atlas of Cochin. The proposal was unveiled by the   Cochin City Budget for the year 2017‐18. The Atlas is expected to be helpful for attracting investors, as also for promoting city‐to‐city collaboration acrossthe globe. Even with a long history of political decentralisation, enterprise developmentstrategies of Kerala today operate in a top‐down fashion. It is important that enterprise development and livelihood promotion become a community concern, rather than the State government’s concern. Self articulation and community participation can happen only in a context where the issues of enterprise development are discussed at the grass root level. From  this angle also, having an appropriate knowledge base is critical,saysISED Director, Dr.P.M.Mathew.   Municipalities in Kerala have not seriously thought of developing entrepreneurial opportunities in their area of operation. The activitiestoday aremostly confined to Centrally ‐sponsored schemes. This need to change,simply forthe reason that, underthe Panchayati Raj/Nagarpalika Act, ‘development of village and smallscale industries’ is a subject underthe powers ofthe LSGIs. According to the latest international experience, countries like the Netherlands and Sweden are promoting competition amongmunicipalities on enterprise developmentinitiatives. Canwe thinkof a competitive approach among regions in shaping enterprise development agenda and taking them forward? Already the State governments are doing this in the area of attracting investments from outside. The City of Cochin can meaningfully play a lead role in this area by showcasing the strengths ofthe City, and by preparing anAction Plan. The newinitiative isimportantin the context ofthe ‘SmartCities Project’, being implemented by Cochin. The City Corporation made its early initiatives on local economic development, through the DFID  ‐ aided  Cochin Urban Poverty Reduction Project(CUPRP). ISED played a major role in developing the   ‘Economic Development’ component of this project.. The time has come to grow out of such experimental projects and to institutionalise ‘Local Economic Development’, says ISED Director, Dr.P.M.Mathew.