Random Reflections- How & why Manmohan Singh was wrong then & wrong now?

On 24th July 1991 Dr. Manmohan Singh presented his budget to the parliament in which he stated that until November 1989 when his Congress party was in office the economy was doing well but...

Read more August 11, 2020 at 5:29 pm Thomas Franco

Random Reflections- Privatisation of Financial Sector – A road to ruin

Almost all financial newspapers have informed that 3-5 banks and 3 general insurance companies are going to be privatized. They have indicated that Bank of India, Indian Overseas Bank, UCO Bank, Punjab and Sind...

Read more July 22, 2020 at 5:31 pm Thomas Franco

Random Reflections: Micro Finance – Time to look back and make a ‘U’ turn

In 1992, Self Help Groups (SHGs) promoted by NABARD as a Pilot Programme came as a boon for women...

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...