The Public Sector Banks have been facing challenges since 1991 with the so-called reform process. Starting from the Narasimhan Committee to P.J. Nayak Committee has recommended reducing Government share. They want banks to be...
While the earlier attempt to monetize public assets initiated first in 1993 to monetize unutilized and surplus land assets, had come a cropper following resistance by state governments, the state governments wanted a share...
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. Already certain government businesses have been slowly...
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...
The Inaugural Session of the 2nd Energy Finance Conference India 2020 builds the blueprint for an economically and socio-politically feasible sustainable energy transition A distinguished panel of academics, policy experts and activists pitches for...
While the 2015 idea of ‘100 Smart Cities Mission’ promised improved standards of living, the reality is that it has forced many people into poverty. Instead of acting as a role model for the...
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...
After demonetisation on November 8, 2016, seeing the anger of the people, on Nov 13 PM Modi in an emotionally choked speech in Goa said “I have asked the country for just 50 days....
Since the COVID-19 crisis emerged, MDBs have stepped in with massive packages for economic, social and health support. Details of funds received by India from Multilateral Development Banks for COVID-19 recovery support as of 30th October...
TO PROTECT HARD EARNED SAVINGS OF THE COMMON MAN ORIGIN OF DEVELOPMENT BANKING Historically, the idea of establishing special institution for the provision of finance for industry was put forth in strong terms, as...
We just celebrated the 74th Independence day. On the Midnight of 14th August 1947, Pandit Jawaharlal Nehru while addressing the Constituent Assembly in his famous speech, “Tryst with destiny”, underlined that the service of...
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...
“Call the dog mad and shoot it” was the old slogan. The present slogan is, “poison the dog, make it look like mad and shoot it”. The governments have done exactly the same with...
The annual World Development Report (WDR) is a flagship publication of the World Bank. The 2021 WDR report is in the process of being drafted and is titled “Data for Better Lives”. The Bank...
The Indian government’s PPP database indicates that infrastructure projects worth Rs 15,960.66 crore are listed under the ‘water’ sector, as of December 2019. Nagpur: The issue of water privatisation was once a hot potato...