The main aim of the forthcoming Budget will be to repair last year’s economic damage. Most forecasts for the next fiscal anticipate a sharp rebound as normalcy returns. That will not necessarily answer the more important question: What will the economic trajectory beyond that look like? Rating [...]
read moreThe present government must shed its many distractions that now grossly impinge on the values and rights of Indians Recent events in the country leave citizens wondering whether the Prime Minister can ensure his promise to the Nation, of ‘Sabka Saath Sabka Vikas’ (‘Together, for everyone’s [...]
read moreIt is welcome that the Cabinet has approved a raft of reforms in India’s large minerals sector that would boost efficiency, shore up production and develop mining areas. Specifically, the wholly suboptimal concept of captive mining is to be abandoned for good, after decades of delays and [...]
read moreA bulk of the responsibility will fall on public sector banks (PSBs) which dominate the banking sector. Recent reports suggest that the upcoming budget may include proposals for a Bank Investment Company (BIC), anchoring the government’s shareholding in its banks. With a predominantly bank-led [...]
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