Tuesday, 17 May, 2022
TopicBank recapitalisation

Topic: Bank recapitalisation

End the domination of public sector banks, not simply recapitalise them. That’s true reform

Let zombie firms linger on & banks stay crippled a little longer if it leads to deeper reform, so India can get away from broken financial system of the 1980s.

India can grow at 10% but import substitution policy could hurt that, Arvind Panagariya says

Arvind Panagariya backs Modi govt’s decision to not go in for fiscal expansionary policy, says funds will be needed for demand stimulus and bank recapitalisation.

Bank recapitalisation bonds increased Centre’s debt to 46.5% of GDP in FY18

Issuance of recapitalisation bonds didn’t increase fiscal deficit, but led to a jump in government liabilities to Rs 77.98 lakh crore.

So long, 2017: The biggest news in Indian economy this year

From introduction of Goods and Services Tax to privatisation of Air India, the Modi government took some major policy decisions in 2017.

Government gets bigger

The recapitalisation of banks fits into the pattern set by other developments that indicate we are moving away from the Modi promise of less government.

On Camera

YourTurn

Pakistan Prime Minister-elect Shehbaz Sharif on 7 April | Photographer: Aamir Qureshi/AFP/Getty Images via Bloomberg

The four-point plan to revive Pakistan’s economy—from land reform to real estate

Pakistan must reduce non-productive expenditures like defence. The country's political economy has been overdetermined by the imperative of 'national security'.

Bad timing could hamper LIC IPO

Most early public enterprise IPOs have been trading 75% below their original price, small investors concerned.

Defence

Representational image of army personnel in Ladakh | ANI

India ‘doesn’t foresee’ border fighting with China, but ‘won’t back down’ if tensions reignite

Aim is to ensure not just disengagement of troops, but overall de-escalation. Govt in favour of solving tensions through talks as it wants peace with all neighbours including China.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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