Tag Archives: Default

India’s Fiscal Problem is a Golden Chance for Modi

Columbia University professor Arvind Panagaria was recently appointed as the head of the 16th Finance Commission. His job is to give suggestions on the way the financial relations between the central and state governments will work in future. The Wire reports (2024),  Arvind Panagariya has been recently appointed as the head of the 16th Finance […]

Cost and Benefit of Investing in Government Bonds

In today’s highly volatile world, managing one’s financial resources to remain financially and economically secure is a top priority. We are in uncertain times like never before as no one knows what the next year or month or day will bring in front of us. Who would’ve thought that year 2020 will be a roller […]

Modi’s Swamitva Yojana (Rural Property Card Scheme)

The next batch of reform accompanying recent farm bills by the Modi government has arrived in the form of Swamitva Yojana  for the rural people. Why did I say ‘reform accompanying recent farm bills’? Because combined with those bills and looking at the intentions of this scheme, it looks like the Modi government is readying […]

Indian Businesses are Drowning in Debt

Indian businesses, especially the so-called ‘too big to fail’ ones, are drowning in debt and are failing one after another. Here is a list of few of these businesses: First, the IL&FS default and insolvency. Also, DHLF, another giant housing finance company, is also near default. Second, Baba Ramdev’s Patanjali is struggling hard with slower […]