Why Financial Sector Strike?
Banks and Insurance were in the hands of the Private Sector only till 1969. After the nationalisation of banks in 1969 and subsequently in 1980, the outreach of the banking sector changed. Banks became...
Taking away Govt business from Govt Banks: A deep conspiracy to kill them.
The Finance Minister has announced that the government business handled by the government banks i.e. the public sector banks will also be provided to the private sector.Ā Already certain government businesses have been slowly...
Loans to Corporates – Itās high time to implement the RBI decision of 2016
RBI announced in August 2016, that it will move to cap exposure of banks to large borrowers while also taking steps to deepen the Corporate Bond Market. RBI stated that starting from next fiscal year...
Isnāt Selling PSEs, Banks, Insurance, and Assets not selling family silver?
The Finance Minister has stated that she is not selling family silver but strengthening it. Is it true? Department of Investment and Public Asset Management (DIPAM) states that four major areas of its work...
Selling the House to have Alcohol- Budget 2021-22
We have come across alcoholics selling property to have their drink. The central government seems to be doing similar things. The Public Sector is like the house constructed with great ambition. But now, it...
You made me a Khalistani
Long time ago there was a Malayalam film āNingal Enna Communist Aakkiāā You made me a Communist.Ā The happenings on 26th January and the callous attitude with which the government is treating the farmers...
Random Reflections: Farm Laws, Food Security and PDS ā The Reality
We know from history how some kings gave utmost importance to food security for every citizen, by constructing water harvesting structures, rivers, dams and encouraged cultivation.
Random Reflections: Micro Finance ā Time to look back and make a āUā turn
In 1992, Self Help Groups (SHGs) promoted by NABARD as a Pilot Programme came as a boon for women who did not have access to credit. In Kanyakumari (Tamilnadu), the experience of Mahalir Association...
Random Reflections – Online Loans: Government and RBI should address the root cause of the problem
Online loans have led to suicides and loss of more than 1000 crores reported so far and few Chinese nationals are accused of cheating. Neither the Reserve Bank of India nor the Government of India...
Random Reflections- Why Boycott Ambanis?
Reliance Group which was started by Dhirubhai Ambani has grown so big using political clout, dubious methods, greasing bureaucrats and politicians and even using loopholes in law including international courts. Books for reference Ambani...
Random Reflections; The Farm Laws ā More than the farmers, the others have to worry ā Why?
Income inequality is increasing every day. Few corporate industrial house owners are becoming oligarchs. The olden day monarchs at least had some concern for the people. These monarchs donāt care. The income inequality reduced...
Random Reflections- Why Boycott Adani?
Gautam Adani is one of the most favoured of the ruling party especially the Prime Minister and the Home Minister. In 2014 elections Mr. Narendra Modi was going around the country in airplanes of...
Random Reflections- Are the farmers mislead or they are better read? There is more than the farm bills
WhatsApp University is filled with comments on the historic, unprecedented farmerās agitation. The mainstream media also had to report at least some aspects of the Agitation. But there are questions in the social media...
Random Reflections ā Handing over Control of Banks to Corporates will be handing over the Country. Time for Mr SakthiKantha Das to go
Internal Working Group of RBI has released a draft report on banking titled, āOwnership Guidelines and Corporate Structure for Indian Private Banksā. Comments on the report can be submitted before January 15. While few...
Random Reflections- Future of Wage Revision and Trade Unions in Banking Sector ā End of the Road?
After more than 3 years of negotiations, strikes and agitations, wage revision for bank employees has been signed on 11.11.2020. For the award staff it is called Bipartite Settlement as they are covered under...
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