Risks of privatisation increase when decisions on complex financial questions are rushed through without mandatory consultations — like the Adani airport lease.
Deposit-taking institutions run risk of getting sucked into vortex of mistrust. More reliable banks may see rush of deposits away from second-tier lenders.
Now that $10 billion in subscription is unlikely to come in October, masala bonds, or rupee debt sold overseas to global investors, could be the solution.
The RBI, which cut interest rates to the lowest in 9 years to support growth, has found that the current situation index fell from optimism to pessimism.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
A common thread runs through the memories of soldiers of the 1965 war—ingenuity, courage and camaraderie that withstood an apparently technologically superior foe.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
No doubt India is loosing the crucial balance so far as economy is concerned.Accordingly the privatisation. The merger of banking shows it’s not powerful enough to face the challenges of economy & commerce . Their instead of Privatisation they are leading to nationalisation. This greatest failure of the government & RBI . What the Niti Aayog is doing God alone it.No other names than 1 &2 no knows who are running all the economy policies.its crucial test in next two or three years .
No smoke without fire. If there is no hidden agenda, if the process is done with a clear conscience, there will be a few childish jibes like Suit Boot ki Sarkar, but there will be no reputational damage.
I think a government which could order Demonetisation can privatise the entire public sector with one flourish of a Mont Blanc pen. Trust me, it would cause less than 1% of the pain and disruption, be a million times more beneficial for the economy.
The crux is, does the government want to do it? If one analyses past and present government decisions/actions the pain and trouble has always been borne by the aam aadmi/aurat. The government, it’s cronies and associates have never been inconvenienced, rather they have benefited.
No doubt India is loosing the crucial balance so far as economy is concerned.Accordingly the privatisation. The merger of banking shows it’s not powerful enough to face the challenges of economy & commerce . Their instead of Privatisation they are leading to nationalisation. This greatest failure of the government & RBI . What the Niti Aayog is doing God alone it.No other names than 1 &2 no knows who are running all the economy policies.its crucial test in next two or three years .
No smoke without fire. If there is no hidden agenda, if the process is done with a clear conscience, there will be a few childish jibes like Suit Boot ki Sarkar, but there will be no reputational damage.
I think a government which could order Demonetisation can privatise the entire public sector with one flourish of a Mont Blanc pen. Trust me, it would cause less than 1% of the pain and disruption, be a million times more beneficial for the economy.
The crux is, does the government want to do it? If one analyses past and present government decisions/actions the pain and trouble has always been borne by the aam aadmi/aurat. The government, it’s cronies and associates have never been inconvenienced, rather they have benefited.