Lessons from the 2008 Global Financial Crisis can help us avoid policy mistakes during the Covid-19 pandemic, especially with respect to inflation & bad loans.
The petition claims suspension of section 10 of IBC will push the companies towards liquidation, discourage entrepreneurship and defeat the objectives of the Code.
Once a buyer establishes default before a bankruptcy court, the onus is on builders’ to prove that the buyer does not wish to take possession of their house, Supreme Court said.
The Supreme Court said only genuine homebuyers can invoke insolvency proceedings against builders and asked the Centre to file an affidavit taking the corrective measures.
Gurugram: In an action that will significantly impact the value of property transactions in Haryana, Chief Minister Nayab Singh Saini has approved revised collector rates,...
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
RBI Governor a toy in Govt hand so nothing to worry after distributing money to some Indians to show generosity to public. Indian voters are mesmerized in the name of religion and the party rules, si nothing to worry for govt and the governor post.
When will modi and the rbi learn not to make mistakes from their very own blunders,,, they will not and never as all know he is not one to listen to about his mistakes as he considers himself a proud horse,,, never learning and only accusing
When nothing seems to be working using common sense would alleviate financial stress across all sections of society.
India has two economic model one of which is cash based from cities to villages.
If you apply complex economic theory to this model and expect wonderful quick results then you have failed as an economist.
To drive growth for this cash based model you have to empower people with buying power. If you can’t provide that find means to generate that.
No matter how big the stimulus is if it’s not reaching the common people like pds or direct deposit then it’s destined to fail.
So apply common sense, don’t repeat the methods which haven’t worked in the past. Though these two models are interconnected but in their own are mutually exclusive.
Tribhuvan Darbari- Loosening of financial conditions, adjustments in government spending and better coordination with States can spur a growth cycle. However, it is easier said than done. The path to revive the economy is hard and long full of ups and downs. Therefore, India will have to tread cautiously. A large stimulus is required to compensate for the short-run economic losses of the lockdown and to revive growth. Post COVID-19, relaxing financial conditions would be essential. There will be an opportunity to relax the financial conditions , especially as essential structural improvements are adequate and over-tightening created stress.
#TribhuvanDarbari #Tribhuvan #Darbari #Darbari_Tribhuvan #DarbariTribhuvan #Tribhuvan01 #Darbari01 #IndianEconomy #Economy #PostCOVID
Rajeswary hi
You have given a historical document of what mistakes were made in the past.
You have also admonished the PM saying he should not make the same mistakes.
How about methods to avoid mistakes given 1) Corona 2) obstinacy of Indian public.
If your ideas work will be great.
Rgds
AGopal
RBI Governor a toy in Govt hand so nothing to worry after distributing money to some Indians to show generosity to public. Indian voters are mesmerized in the name of religion and the party rules, si nothing to worry for govt and the governor post.
When will modi and the rbi learn not to make mistakes from their very own blunders,,, they will not and never as all know he is not one to listen to about his mistakes as he considers himself a proud horse,,, never learning and only accusing
When nothing seems to be working using common sense would alleviate financial stress across all sections of society.
India has two economic model one of which is cash based from cities to villages.
If you apply complex economic theory to this model and expect wonderful quick results then you have failed as an economist.
To drive growth for this cash based model you have to empower people with buying power. If you can’t provide that find means to generate that.
No matter how big the stimulus is if it’s not reaching the common people like pds or direct deposit then it’s destined to fail.
So apply common sense, don’t repeat the methods which haven’t worked in the past. Though these two models are interconnected but in their own are mutually exclusive.
Tribhuvan Darbari- Loosening of financial conditions, adjustments in government spending and better coordination with States can spur a growth cycle. However, it is easier said than done. The path to revive the economy is hard and long full of ups and downs. Therefore, India will have to tread cautiously. A large stimulus is required to compensate for the short-run economic losses of the lockdown and to revive growth. Post COVID-19, relaxing financial conditions would be essential. There will be an opportunity to relax the financial conditions , especially as essential structural improvements are adequate and over-tightening created stress.
#TribhuvanDarbari #Tribhuvan #Darbari #Darbari_Tribhuvan #DarbariTribhuvan #Tribhuvan01 #Darbari01 #IndianEconomy #Economy #PostCOVID
Rajeswary hi
You have given a historical document of what mistakes were made in the past.
You have also admonished the PM saying he should not make the same mistakes.
How about methods to avoid mistakes given 1) Corona 2) obstinacy of Indian public.
If your ideas work will be great.
Rgds
AGopal