The briefing note discusses the International Finance Corporation’s (IFC) analysis and estimates of the investment opportunities in infrastructure development opening up, primarily for the private sector, in the urban areas due to the aggravating...
नेशनल थर्मल पाॅवर काॅरपोरेशन (एनटीपीसी) भारत के चार ‘‘नवरत्नों‘‘ में से एक होने के साथ, एक “फार्च्यून 500″ कंपनी भी है। भारत के विकास में एनटीपीसी ने चार दशकों से ऊपर एक अहम् भूमिका...
The institution of Comptroller and Auditor General (CAG) in India is patterned on the British model. In Britain, The Exchequer & Audit Department Act of 1866 created the office of CAG with a view...
कैंब्रिज के अर्थशास्त्री, हा-जून चांग का मानना है कि ‘अर्थशास्त्र का 95 प्रतिशत सिर्फ सामान्य समझ है, जिसे गणित और भारी-भरकम शब्दावली का प्रयोग करके मुश्किल बनाया जाता है।’ इससे हम समझ सकते हैं...
Much has been written about the nonperforming asset (NPA) crisis plaguing the Indian banking system. The Insolvency and Bankruptcy Code (IBC) has been widely hailed as the silver bullet. But it has arguably done...
The first ten days of the winter session of 2018, the parliament witnessed members asking wide-ranging questions related to the finance. These questions can broadly be divided into the following categories: Demonetisation Issues related...
“There was no example to follow on September 22, 1993, when the Bank’s Board of Executive Directors approved a resolution establishing the Inspection Panel. Over the next 25 years, the Panel forged a legacy...
The Reserve Bank of India, in 2015, issued a Master Circular on Wilful Defaulters, which starts with Introduction: “Pursuant to the instructions of the Central Vigilance Commission for collection of information on wilful defaults...
This impact is not only circumscribed to NPA. Overall, Indian banking is passing through one of the worst crisis in history. Since the last three years, banking in the public sector is almost stagnant....
This speech, transmitted to the conference on “Global Financial Crisis: A Decade after Lehman,” held in New Delhi, Dec 3 to 4, 2018, identifies the trouble spots in the global financial system, raises the...
India’s vulnerability stems from two sources: rapid debt expansion that has increased the volume of doubtful debt and encouraged excess debt exposure in a set of corporates. And increased exposure to dollar debt, partly...
Basanta Vasunya a 35-year-old farmer from Bheel tribe of Dudhikheda village points towards a flourishing pond on which three villages rely. A recently established fish hatchery that nourishes, employs and empowers about 250 households...
India is leading the race in renewable energy but is still expected to become the largest coking coal importer by 2022. Will the country be able to meet its ambitious targets in clean energy...
In a state where about 70% of the agriculture is based on tube wells (groundwater), a 24-hour power supply may not be the best policy. It was in November 2017 that Telangana Chief Minister...
My intent in this article is to flag off a set of relevant issues one will have to deal with while mainstreaming India’s poor in Banking. The article has five sections: (a) Providing a...
