What is the Fiscal Consolidation Roadmap?
The Union Budget 2016 has got presented in the Parliament and most of the economic analysts have congratulated Jaitley on sticking to the fiscal consolidation roadmap.
The Twin Balance Sheet Problem Explained
The Economic Survey of 2015-16 acknowledges that one of the critical challenges confronting the Indian economy is the Twin Balance Sheet Problem. The balance sheets of both public sector banks (PSBs) and some corporate houses are in terrible shape.
Has The FM Passed the Budget Exam?
With much expectation and a great furore came in the Annual Union Budget 2016, promising to be the much-needed test for the Modi government. Everyone had their eyes set on Mr Jaitley as to what would come out of that suitcase for all the people at large. Now, there has been a dispersion in views regarding …
Negative Interest Rate Demystified
Image Credits: eveningreports.nz Why are we discussing negative interest rates? Because on 29th January 2016, the Bank of Japan introduced negative interest rate policy. It is an unconventional monetary policy tool which can be used to combat deflationary forces in the economy and increase investments and spending.
Start-Up India, Stand Up India
In the inaugural session of the ‘Start-up India, Stand up India’ campaign, the Government unveiled a slew of incentives to encourage start-ups and catalyse entrepreneurship and innovation in the country. By bringing ‘start-ups’ into the lexicon of government policy-making, it has rightly recognised the potential of entrepreneurship in wealth creation and employment generation.
Pradhan Mantri Fasal Bima Yojana Explained
Pradhan Mantri Fasal Bima Yojana is a new crop insurance scheme that was announced by the Government on 13th January 2016. It will be rolled out from June 2016.
Marginal Cost based Lending Rate (MCLR) Explained
The Reserve Bank of India has made reforms in the way benchmark lending rates of banks are calculated. It has decided to move to Marginal cost-based lending rates (MCLR). It will replace the existing base rate system from April 2016. This post explains the changes made by the RBI. What is base rate? The concept …
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