Compared with other OECD members, the taxes and transfers system here results in the greatest difference between market and disposable income inequality as measured by the Gini coef cient.10 However, I recognise that measuring inequality is a challenge, and one that TASC and others here this evening spend considerable time on.
The Prime Minister’s Task Force on MSMEs also has recommended that a suitable framework for promotion of factoring services without recourse in the country for MSMEs. Reserve Bank has also constituted a Working Group on Securitization of Trade Credit Receivables to examine various options for liquidating the receivables before maturity.