Category Center for the Study for Finance and Economics

Startup India Seed Fund Scheme (SISFS)

The Government of India's Startup India Seed Fund Initiative aims to build a robust startup ecosystem that nurtures innovation and provides opportunities for aspiring entrepreneurs. Launched by the Department for Promotion of Industry and Internal Trade (DPIIT) on April 19, 2021, the Startup India Seed Fund Scheme (SISFS) has an outlay of INR 945 Crore to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization.

Professor Asher’s insights into Aspirational and Data-Driven Policy

Professor Mukul Asher delivered a compelling concluding address for the course
"Fundamentals of Public Policy" hosted by the Impact and Policy Research Institute. He
emphasized the critical importance of sound judgment in public policy, citing Elon Musk's insight on the destructive potential of teaching people to hate themselves and their history, making them susceptible to manipulation. This underlined the need for a strong civilizational
understanding, particularly in India, where history spans thousands of years. Professor Asher
stressed that preserving and appreciating this rich history is vital for informed public policy.

An Introduction to Health Economics and Management

In the ninth session of the Fundamentals of Public Policy one-month certificate course, Professor Mukul Asher presented an introduction to Health Economics and Management. Prof Asher began his presentation by introducing healthcare as an important economic concept that examines and finds system based-solutions to make healthcare more accessible, equitable and affordable to all. He highlighted that healthcare is not a welfare scheme and that the government has to provide healthcare services to all using limited resources, thus making it a complex economic problem. He explained how healthcare is a managerial problem as well, since people, systems and resources have to be managed in an optimal way to maximize utility. 

Science, Technology and Public Policy

On the 9th day of the one-month certificate course on Fundamentals of Public Policy, Former Ambassador, Dr.Bhaskar Balakrishnan presented a lecture on “Science, Technology and Public Policy”. Dr Balakrishnan began his lecture by introducing the idea of science as a basis of knowledge of nature.  He touched upon the importance of science and technology in the present world, its impact on society and economy, and the disruptive power it wields. He discussed how S&T is crucial for the development of several developing nations, by lowering the cost of development through the use of appropriate and efficient scientific interventions. He highlighted the role of S&T ecosystems in governmental offices, regulatory agencies, civil societies, business communities etc. 

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