Subsidies to spur growth for now Context Subsidies and the rural employment guarantee plan in India are predicted to surge ahead of the 2024 Lok Sabha elections, possibly at the expense of public capex outlays, while private investments are expected to bounce post-poll, according to […]
Banks told to display information on borrowers Context The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, which was passed in 2002, requires Regulated Entities (REs), such as commercial banks and Non-Banking Finance Companies (NBFCs), to display information about borrowers […]
‘A global rupee may raise volatility’ Context : Officials of an Inter-Departmental Group of the RBI warn that the internationalisation of the rupee may conflict with domestic monetary policy, but the group maintains that the advantages of internationalisation much outweigh the different worries. What does […]