prosaicview

Category - Economy

The Bad Bank is a Bad Idea

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...

How to Understand the Budget

Five things to keep in mind to separate the noise from the substance For business editors, corporate titans and economists, the great Budget circus is an annual national event second only to, perhaps, IPL. The build up...

Too many shortcuts

The DCGI needs to realise that unlike a vaccine will eventually be given to the entire population and that is why it is particularly important to be careful about approving it. The Coronavirus pandemic has tested the...

1980s: The Overlooked Decade

While the 1990s is taken as the decade when economic reforms were initiated, the role of the policies of the 1980s need to be re examined In our post-Independence history, the 1980s is generally remembered for all the...

Fix the GST

The tax requires a complete overhaul – and both the Centre and the states need to work together and make some concessions. The Central Government’s decision to borrow Rs 1.1 lakh crore and then pass it on to states to...

Reach out to the states

The Union Government can hope to revive the economy and implement its reforms if it mends its relationship with the states The extent of the economic mess India finds itself in is hardly a secret. The most stringent...