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Indian Economy

Home > Archive for Indian Economy ( > Page 15)

DEPOSITORS PAYING THE PRICE OF CORPORATE BAD LOANS

The primary objective of nationalization of banks was to reach out to each and every last person of our society. The purpose was to provide credit facilities to poor and marginalized sections and free...

Read more April 3, 2020 at 10:00 pm Shivani Dwivedi

Random Reflections- Everyone loves Corona except the Bankers and Migrant Workers

The Economy was already in shambles and Corona has brought great relief. Everyone can blame Corona and everyone can get relief. From what is happening around the world and the few measures announced by...

Read more April 1, 2020 at 12:25 pm Thomas Franco

CEJI statement on COVID-19 and India’s response to the outbreak

In a statement issued on Tuesday (March 24) the Coalition for Environmental Justice in India (CEJI) said that the COVID-19 outbreak demands an immediate and comprehensive response if we are to limit and arrest...

Read more March 25, 2020 at 5:23 pm CFA

Random Reflections: Brothers have the last laugh- Banks become bald with haircut

Mukesh Ambani and Anil Ambani divided their companies under the Reliance empire in 2005. Brothers continue to use the same Reliance brand. Reliance is known for malpractices as explained in books like Ambani &...

Read more March 24, 2020 at 6:24 pm Thomas Franco

Random Reflections- Will the FM yield to the demands of the people & apologise?

The Finance Minister has reprimanded the Chairman of State Bank of India in an outreach meeting at Guwahati in which the Finance Minister of Assam Himanta Biswa Sarma, officials from banks and state government...

Read more March 17, 2020 at 7:53 pm Thomas Franco

Yes Bank Crisis Was Apparent For years, But Regulatory Oversight Was Lacking

Banking is a risky business and there will always be bad loans. Private banks lack a proper governing structure and ethics, and try to avoid RBI scrutiny, say experts The failure of Yes Bank...

Read more March 16, 2020 at 10:23 am Outlook India Outlook India

The International Financial Services Centres Authority Bill, 2019

An interesting development that has happened in past few weeks is the proposed International Financial Services Centres Authority Bill, 2019 to be passed by the Indian Parliament. This bill looks to bring in the...

Read more March 11, 2020 at 2:07 pm Gaurav Dwivedi

Making Sense of Economic Survey 2019-2020

Read more March 6, 2020 at 10:58 pm CFA

Green dreams and harsh realities: Plenty of renewables, little transmission

Under the Paris Climate change accord, India has committed 40 per cent of its total energy production from non-fossil fuel sources by 2040 The Centre has also decided to set up mega solar parks...

Read more March 5, 2020 at 3:41 pm Shreya Jai

Random Reflections-Finance Minister on the rampage guided by BCG

Ms. Nirmala Sitharaman while unveiling EASE 30 Public Sector Bank Reform plan stated, ā€œYour good will is lost, personal connection is lost, assessment at the bottom level is lost… forgetting branch level connect with...

Read more March 5, 2020 at 12:04 pm Thomas Franco

Random Reflections- Bankrupt Government Looting the Banks

New method Kissan Credit Card scheme to 9 crore PM-Kisan beneficiaries in 2 weeks. The Prime Minister had promised that they would not interfere with Banks. He had accused the previous government of doing...

Read more February 25, 2020 at 11:18 pm Thomas Franco

Random Reflection: PMO, Finance Ministry and the Finance Mess

It’s a known fact that decisions of every Ministry is taken by the Prime Minister’s Office (PMO), which has officers responsible for each Ministry. For a population of 130 billion, one PMO, which earlier...

Read more February 19, 2020 at 3:35 pm Thomas Franco

Marie Antoinette’s Musings for Agriculture

Two decades ago any researcher studying the agrarian scenario could not have missed the near ubiquitous possession of Parle G biscuits by the footloose migrants driven by crisis to travel distant lands in search...

Read more February 18, 2020 at 2:12 pm Vijoo Krishnan

Faultlines in the path of PSU privatisation

The Economic Survey for 2019-20, on page 158 in Chapter 7 puts it on record that ā€œPSBs are clearly not efficient todayā€. This is the statement issued by the owner of these banks. If...

Read more February 18, 2020 at 1:53 pm Devidas Tuljapurakar

Analysis of the Economic Survey 2019-2020

The analysis of the Economic Survey 2019-2020 is an attempt to help common people and activists understand the document, as well as the budget 2020 better, in the light of what is said in...

Read more February 14, 2020 at 2:40 pm CFA
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