Setting up something like this ignores the basic issues that caused the bad loans in the first place From time to time, the idea of the Bad Bank, which will house all the bad loans of public sector banks and deal with...
Tag - #Government
Prosenjit Datta
GDP Estimates & Three Questions about the Economy
Is the worst over? What do the sector wise indicators of the GDP estimates show? What can the government do now? The first estimate of GDP for the first quarter (April-June) of FY20-21 showing a contraction of 23.9%...
The Looming Supply Shock
Policy makers have been worrying about the consumption slowdown for some time. But the far greater danger could be the supply side choking up. Even before the Coronavirus pandemic upturned the globe, finance ministry...
Lockdown Diaries5: What Is An Essential Product?
Essential goods and services should be available uninterrupted said the Prime Minister. But who decides what is essential and what is not? “Essential”— The Dictionary defines it as “completely necessary” or...
