Economyria Explainer

The What, Why and How of Reliance Rights Issue

Reliance Industries Limited (RIL) made the largest ever rights issue in India of Rs.53215 crore on 20th May. Before this, Bharti Airtel and Vodafone Idea came out with rights issues of Rs 25,000 crore each in 2019. Tata Steel did a Rs 12,800 crore rights issue in 2018. Source: ET It is the first such …

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Why India’s textile sector lost out to Bangladesh?

We will begin this article by reiterating how important the textile sector is for India. More than 60 % of India’s population is engaged in agriculture and they contribute to just about 15 % of India’s GDP. It indicates that to alleviate poverty, we’ll have to initiate reforms in the agricultural sector and simultaneously encourage …

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FM Sitharaman’s package 5: Everything you wanted to know

The FM unveiled the fifth and final tranche of Prime Minister Modi’s special economic package of 20 lakh crore on Sunday. [You may read- What does Modi’s 20 lakh crore package mean?] The fifth tranche of the PM’s package is mainly focused on privatisation of public sector enterprises (PSEs) [You may also read about the first tranche, second tranche , third …

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FM Sitharaman’s package 4: Everything you wanted to know

The FM unveiled the fourth tranche of Prime Minister Modi’s special economic package of 20 lakh crore on Saturday. The fourth set is worth Rs 8,100 crore.  [You may read- What does Modi’s 20 lakh crore package mean?] The fourth tranche of the PM’s package is mainly focused on structural policy reforms in 8 sectors- coal, …

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FM Sitharaman’s package 3: Everything you wanted to know

The FM unveiled the third tranche of Prime Minister Modi’s special economic package of 20 lakh crore on Friday. The third set is worth Rs.1.5 lakh crore [You may read- What does Modi’s 20 lakh crore package mean?] The third tranche of the PM’s package is mainly focused on agriculture and allied activities like fisheries, dairy, husbandry, …

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FM Sitharaman’s package 2: Everything you wanted to know

The FM unveiled the second tranche of Prime Minister Modi’s special economic package of 20 lakh crore on Thursday. (14/5/2020). The second set is worth Rs.3.16 lakh crore [You may read- What does Modi’s 20 lakh crore package mean? ] She had announced the first tranche on Wednesday. [You may read- FM Sitharaman’s package 1: Everything …

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FM Sitharaman’s package 1: Everything you wanted to know

The FM unveiled the first tranche of Prime Minister Modi’s special economic package of 20 lakh crore. The first set is worth Rs.6 lakh crore (Rs 594,250 crore to be exact). The FM is expected to make a series of announcements for the rest of the package over the coming days. [You may read- What …

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