-The Hindu The agenda to set up a development bank is a welcome initiative, but questions remain on its design Finance Minister Nirmala Sitharaman’s press conference on August 23, announcing a slew of measures to boost the economy and financial market sentiments, had an interesting idea. It was about setting up a development bank. Ms. Sitharaman said: “In order to improve access to long-term finance, it is proposed to establish an organisation to...
More »SEARCH RESULT
Total Matching Records found : 10125
Poor recoveries under IBC can derail Centre's Rs. 70,000-cr recap plan -Radhika Merwin
-The Hindu Business Line Barring few cases, large haircuts of 70-90 per cent are continuing to hurt banks While the Centre’s decision to frontload capital infusion of Rs 70,000 crore into PSBs has boosted sentiment, unless there is quick resolution of large accounts under IBC, this may achieve little. What is of more concern, is the paltry amount that banks have been realising from the resolution of accounts under IBC. A look at...
More »Hardly the brick and mortar of a revival -Jayati Ghosh
-The Hindu The transfer of the RBI’s surplus is only a stopgap measure which will not address the key problem of a lack of demand There is no longer any room for doubt on the parlous state of the Indian economy. The automobile industry, seen as a bellwether of activity in the post-liberalisation years, is in crisis, as automakers, parts manufacturers and dealers have laid off about 350,000 workers since April this...
More »To become a just society, strike a balance between firm and fair law enforcement -Vipul Mudgal
-Hindustan Times A study shows glaring gaps in Indian policing — from unfilled quotas of SC/STs to a dip in women officers. The rule of law has two extremes: a failed State and a police State. A failed State loses control over law and order as its monopoly slips over the use of physical force. The latter commands complete control, but ends up abusing State machinery for repression. Both extremes suffer...
More »New study finds 72% of India's police officers have felt political pressure during probes -Apoorva Mandhani
-ThePrint.in Ex-SC judge Jasti Chelameswar, chief guest at the release of the study by Common Cause & CSDS, also alluded to political pressure on the justice system. New Delhi: A study released in the national capital Tuesday stated that 72 per cent of police officers have experienced political pressure while investigating cases involving influential persons. The chief guest at the event, former Supreme Court judge Jasti Chelameswar, also alluded to political pressure on...
More »
