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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f77a0118485-trace').style.display = (document.getElementById('cakeErr67f77a0118485-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f77a0118485-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f77a0118485-code').style.display = (document.getElementById('cakeErr67f77a0118485-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f77a0118485-context').style.display = (document.getElementById('cakeErr67f77a0118485-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f77a0118485-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
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<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
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Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/no-economic-reason-to-privatise-banks-since-private-banks-too-have-performed-poorly.html"/>
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<strong>No economic reason to privatise banks -Aunindyo Chakravarty</strong></h1>
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<p style="text-align:justify">-The Tribune</p><p style="text-align:justify"><em>Is there a case to be made for privatisation to help the government raise funds and reduce its fiscal burden and avoid having to recapitalise them every now and then? It is based on an entirely faulty understanding of why the govt needs to own banks. Banks are instruments through which capital flows into the economy.</em></p><p style="text-align:justify">Bank privatisation is a hot topic again. It kicked off when Finance Minister Nirmala Sitharaman hinted that the government would like to have at least one company in each strategic sector and sell off everything else. That meant, except for a couple of big government banks, the others could be put on the block. In the past week, the privatisation chorus has become louder. The NITI Aayog was reported to have suggested that three government banks — the Punjab & Sind Bank, UCO Bank and the Bank of Maharashtra be sold off. An RBI director proposed that the government reduce its shareholding in public sector banks (PSBs) to 26 per cent. And, former RBI Deputy Governor Viral Acharya recommended that ‘healthy’ government banks should be privatised.</p><p style="text-align:justify">Please <a href="https://www.tribuneindia.com/news/comment/no-economic-reason-to-privatise-banks-123584?fbclid=IwAR373GOnawGF-o57eAqVOEsZLiEjzKb3rJuoUS9b_wUekXP02pg9gAbzfcs#.Xy5VQHCbbxM.facebook" title="https://www.tribuneindia.com/news/comment/no-economic-reason-to-privatise-banks-123584?fbclid=IwAR373GOnawGF-o57eAqVOEsZLiEjzKb3rJuoUS9b_wUekXP02pg9gAbzfcs#.Xy5VQHCbbxM.facebook">click here</a> to read more.</p> </font>
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</span></span></code>
<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/>
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Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
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Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/no-economic-reason-to-privatise-banks-since-private-banks-too-have-performed-poorly.html"/>
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Is there a case to be made for privatisation to help the government raise funds and reduce its fiscal burden and avoid having to recapitalise them every now and then? It is based on an entirely faulty understanding of..."/>
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<strong>No economic reason to privatise banks -Aunindyo Chakravarty</strong></h1>
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<p style="text-align:justify">-The Tribune</p><p style="text-align:justify"><em>Is there a case to be made for privatisation to help the government raise funds and reduce its fiscal burden and avoid having to recapitalise them every now and then? It is based on an entirely faulty understanding of why the govt needs to own banks. Banks are instruments through which capital flows into the economy.</em></p><p style="text-align:justify">Bank privatisation is a hot topic again. It kicked off when Finance Minister Nirmala Sitharaman hinted that the government would like to have at least one company in each strategic sector and sell off everything else. That meant, except for a couple of big government banks, the others could be put on the block. In the past week, the privatisation chorus has become louder. The NITI Aayog was reported to have suggested that three government banks — the Punjab & Sind Bank, UCO Bank and the Bank of Maharashtra be sold off. An RBI director proposed that the government reduce its shareholding in public sector banks (PSBs) to 26 per cent. And, former RBI Deputy Governor Viral Acharya recommended that ‘healthy’ government banks should be privatised.</p><p style="text-align:justify">Please <a href="https://www.tribuneindia.com/news/comment/no-economic-reason-to-privatise-banks-123584?fbclid=IwAR373GOnawGF-o57eAqVOEsZLiEjzKb3rJuoUS9b_wUekXP02pg9gAbzfcs#.Xy5VQHCbbxM.facebook" title="https://www.tribuneindia.com/news/comment/no-economic-reason-to-privatise-banks-123584?fbclid=IwAR373GOnawGF-o57eAqVOEsZLiEjzKb3rJuoUS9b_wUekXP02pg9gAbzfcs#.Xy5VQHCbbxM.facebook">click here</a> to read more.</p> </font>
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header - [internal], line ??
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<strong>No economic reason to privatise banks -Aunindyo Chakravarty</strong></h1>
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<p style="text-align:justify">-The Tribune</p><p style="text-align:justify"><em>Is there a case to be made for privatisation to help the government raise funds and reduce its fiscal burden and avoid having to recapitalise them every now and then? It is based on an entirely faulty understanding of why the govt needs to own banks. Banks are instruments through which capital flows into the economy.</em></p><p style="text-align:justify">Bank privatisation is a hot topic again. It kicked off when Finance Minister Nirmala Sitharaman hinted that the government would like to have at least one company in each strategic sector and sell off everything else. That meant, except for a couple of big government banks, the others could be put on the block. In the past week, the privatisation chorus has become louder. The NITI Aayog was reported to have suggested that three government banks — the Punjab & Sind Bank, UCO Bank and the Bank of Maharashtra be sold off. An RBI director proposed that the government reduce its shareholding in public sector banks (PSBs) to 26 per cent. And, former RBI Deputy Governor Viral Acharya recommended that ‘healthy’ government banks should be privatised.</p><p style="text-align:justify">Please <a href="https://www.tribuneindia.com/news/comment/no-economic-reason-to-privatise-banks-123584?fbclid=IwAR373GOnawGF-o57eAqVOEsZLiEjzKb3rJuoUS9b_wUekXP02pg9gAbzfcs#.Xy5VQHCbbxM.facebook" title="https://www.tribuneindia.com/news/comment/no-economic-reason-to-privatise-banks-123584?fbclid=IwAR373GOnawGF-o57eAqVOEsZLiEjzKb3rJuoUS9b_wUekXP02pg9gAbzfcs#.Xy5VQHCbbxM.facebook">click here</a> to read more.</p> </font>
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'disp' => '<p style="text-align:justify">-The Tribune</p><p style="text-align:justify"><em>Is there a case to be made for privatisation to help the government raise funds and reduce its fiscal burden and avoid having to recapitalise them every now and then? It is based on an entirely faulty understanding of why the govt needs to own banks. Banks are instruments through which capital flows into the economy.</em></p><p style="text-align:justify">Bank privatisation is a hot topic again. It kicked off when Finance Minister Nirmala Sitharaman hinted that the government would like to have at least one company in each strategic sector and sell off everything else. That meant, except for a couple of big government banks, the others could be put on the block. In the past week, the privatisation chorus has become louder. The NITI Aayog was reported to have suggested that three government banks — the Punjab & Sind Bank, UCO Bank and the Bank of Maharashtra be sold off. An RBI director proposed that the government reduce its shareholding in public sector banks (PSBs) to 26 per cent. And, former RBI Deputy Governor Viral Acharya recommended that ‘healthy’ government banks should be privatised.</p><p style="text-align:justify">Please <a href="https://www.tribuneindia.com/news/comment/no-economic-reason-to-privatise-banks-123584?fbclid=IwAR373GOnawGF-o57eAqVOEsZLiEjzKb3rJuoUS9b_wUekXP02pg9gAbzfcs#.Xy5VQHCbbxM.facebook" title="https://www.tribuneindia.com/news/comment/no-economic-reason-to-privatise-banks-123584?fbclid=IwAR373GOnawGF-o57eAqVOEsZLiEjzKb3rJuoUS9b_wUekXP02pg9gAbzfcs#.Xy5VQHCbbxM.facebook">click here</a> to read more.</p>',
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<p style="text-align:justify"><em>Is there a case to be made for privatisation to help the government raise funds and reduce its fiscal burden and avoid having to recapitalise them every now and then? It is based on an entirely faulty understanding of why the govt needs to own banks. Banks are instruments through which capital flows into the economy.</em></p>
<p style="text-align:justify">Bank privatisation is a hot topic again. It kicked off when Finance Minister Nirmala Sitharaman hinted that the government would like to have at least one company in each strategic sector and sell off everything else. That meant, except for a couple of big government banks, the others could be put on the block. In the past week, the privatisation chorus has become louder. The NITI Aayog was reported to have suggested that three government banks — the Punjab & Sind Bank, UCO Bank and the Bank of Maharashtra be sold off. An RBI director proposed that the government reduce its shareholding in public sector banks (PSBs) to 26 per cent. And, former RBI Deputy Governor Viral Acharya recommended that ‘healthy’ government banks should be privatised.</p>
<p style="text-align:justify">Please <a href="https://www.tribuneindia.com/news/comment/no-economic-reason-to-privatise-banks-123584?fbclid=IwAR373GOnawGF-o57eAqVOEsZLiEjzKb3rJuoUS9b_wUekXP02pg9gAbzfcs#.Xy5VQHCbbxM.facebook">click here</a> to read more.</p>
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Is there a case to be made for privatisation to help the government raise funds and reduce its fiscal burden and avoid having to recapitalise them every now and then? It is based on an entirely faulty understanding of...'
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LATEST NEWS UPDATES | No economic reason to privatise banks -Aunindyo Chakravarty | Im4change.org
No economic reason to privatise banks -Aunindyo Chakravarty
-The Tribune
Is there a case to be made for privatisation to help the government raise funds and reduce its fiscal burden and avoid having to recapitalise them every now and then? It is based on an entirely faulty understanding of why the govt needs to own banks. Banks are instruments through which capital flows into the economy.
Bank privatisation is a hot topic again. It kicked off when Finance Minister Nirmala Sitharaman hinted that the government would like to have at least one company in each strategic sector and sell off everything else. That meant, except for a couple of big government banks, the others could be put on the block. In the past week, the privatisation chorus has become louder. The NITI Aayog was reported to have suggested that three government banks — the Punjab & Sind Bank, UCO Bank and the Bank of Maharashtra be sold off. An RBI director proposed that the government reduce its shareholding in public sector banks (PSBs) to 26 per cent. And, former RBI Deputy Governor Viral Acharya recommended that ‘healthy’ government banks should be privatised.
