Why privatising India’s rail network is a bad idea
It is no secret that the Indian Railways is in dire need of funds. If the country’s rail network is to be truly strengthened and its capacity augmented by increasing the speed of trains...
Random Reflections; Privatization of Public Sector – Withering of the State?
We just celebrated the 74th Independence day. On the Midnight of 14th August 1947, Pandit Jawaharlal Nehru while addressing the Constituent Assembly in his famous speech, “Tryst with destiny”, underlined that the service of...
Random Reflections- Solutions for the Banking Sector
“Call the dog mad and shoot it” was the old slogan. The present slogan is, “poison the dog, make it look like mad and shoot it”. The governments have done exactly the same with...
Banks Paying Heavily for Corporate Loan Waivers: RTI
Not Write offs, Corporate Loan Waivers Banks Recovered Only 10% Bad Loans After Writing Them Off !! According to an RTI response received from Reserve Bank of India, between 2014 and 2019 scheduled commercial...
19th July Call of the Day is “Defend Bank Nationalisation: – Defeat Bank Privatisation”
19th July 1969, the then Prime Minister Mrs. Indira Gandhi Nationalised 14 major private sector banks. Thus banking reached to the rural areas, backward regions. Banks started lending to the agriculture which enabled green revolution...
Mega industrial infrastructure projects and their impact on people
The article takes a look at the several ongoing projects as part of the Delhi Mumbai Industrial Corridor (DMIC). It provides an overview of the projects implemented under it, assessment of the current status...