Saturday, 26 November, 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

A general view of the opening ceremony of the G20 finance ministers and central bank governors meeting in Jakarta, Indonesia, February 17, 2022. Mast Irham/Pool via REUTERS

G20 presidency is India’s chance to fix power imbalances in artificial intelligence adoption

Without considering AI challenges across the world, equitably reaping its benefits will remain inadequate, leading to a more unequal and divisive future.
Representational image | Wiki Commons

How India-Australia FTA is set to boost trade that’s already at a record high

While the bulk of the trade between India and Australia is so far in the energy sector, the FTA is expected to broaden this to include other goods and services.

Defence

Illustration: Soham Sen | The Print

Modi govt moves with Arunachal Frontier Highway, among India’s ‘toughest’ projects yet, China in mind

The 2,000 km-long highway will be of strategic importance to military. Same equipment used on other side of LAC being deployed to carry out work on tough terrain, say officials.

A Gujarat gamble: A likely reason Rahul is not giving Modi a fight this assembly election

I'd rather not buy idea that Rahul's holding his fire until 2024. More likely, Congress believes Karnataka offers best chance of winning a Gujarat-sized state if Gujarat is too challenging.