According to the author, Prukalpa and Varun ran pilots and tested the concept for SocialCops in their final year of college and raised about $25,000. They came back to India after graduating from NTU and executed their first project for the Delhi Municipal Corporation. In 2013, they launched their first pilot for Delhi Municipal Ward No 103, viz., Punjabi Bagh, and dealt with sanitation and cleanliness which is the job of safai karamcharis. SocialCops put in place a system to measure the performance of sanitation workers through a rating system and tied it to incentives. Every week, for two months, citizens would rate their streets for cleanliness on a scale of 1 to 10. The best five karamcharis were then rewarded. This apparently led to an improved cleanliness and improved attendance rates. “The karamcharis were particularly thankful for the recognition they received by way of certificates and trophies,” says the author.
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam

Fiercely independent and pro-consumer information on personal finance.
1-year online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.

Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.

Fiercely independent and pro-consumer information on personal finance.
Complete access to Moneylife archives since inception ( till the date of your subscription )
