In pursuance of its policy of monetisation of national assets, the government earlier this month approved the setting up of the National Land Monetisation Corporation (NLMC). It would be a government-owned company with the...
One of the striking factors in the BJPās electoral win in the just concluded election in five states is the role welfarism played in overcoming anti-incumbency.
The Prime Minister perfectly summed up his governmentās approach to the budget and the underlying economic thinking while briefing his party workers a day after the budget.
The Indian tax system has been regressive for long with direct tax contributing less than indirect tax ā contrary to what happens in developed economies. It is also known that tax incentives benefit corporates...
In her last budget speech in 2021, the Finance Minister declared the government's disinvestment plans for the Life Insurance Corporation of India (LIC). Already, amendments to the LIC Act have been made to set...
When the economy slows down, the norms and policies of the government and the central bank must be more flexible in order to facilitate easy recovery. Due to RBI's stringent policies on the Investment...
On 1st October 2017, five associate banks of SBI were merged in the State Bank of India. Dena Bank and Vijay Bank were merged in Bank of Baroda on 1st April 2019, while in...
The global economy is in a downward trend, fueled by the 3rd wave of the pandemic. In India, the role of Public Sector Banks (PSB) who constitutes more than 65% of the banking system,...
āChile was the birthplace of neoliberalism, and it shall also be its grave!ā said Gabriel Boric, a young student leader from the radical fold who was forged in the protests that has rocked Chile...
The claim that there has been a record recovery may seem correct on paper. Comparing the figures for growth in quarter ending in June 2021 - 22 with June 2020-21 there is a 20.1%...
Post-Independence, there was reluctance to nationalise the various private airlines that were running very inefficiently. In 1950, an Air Transport Inquiry Committee (headed by Justice G.S. Rajyadhaksha) was appointed which went into a detailed...
Disinvestment entails the government selling an asset, in part or full. By the term āmonetizationā the government is claiming to retain ownership while offering the asset to private players for investment and operationalization. The...
RBI vide its June 14, 2021 press release has issued a 30 page āConsultative Document on Regulation of Microfinanceā (henceforth āDocumentā) seeking comments from public at large.Ā
The COVID-19 corona epidemic that has taken over 16,99,019 lives all around the world has undoubtedly been a disaster with no parallels in modern history. Political and social analysts describe this pandemic as the...
Budget placed in the Indian Parliament on 1st February fails to send out a long due message to the stagnating Indian economy. This is by failing to announce policies for a possible recovery of...
