Crony capitalism has built up slowly in India, emerging as a Frankenstein’s monster. Telecommunications to transportation, the landscape is starting to resemble a Monopoly board.
When private banks get into trouble, unsophisticated households lose their bank deposits. To protect them, a resolution corporation needs to be set up.
MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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