Prime Minister looks inwards for improving governance
D.C. PATHAK | 11 Nov, 2019
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| With a remarkable insight into how the governance in this country ought to be upgraded, Prime Minister Modi while addressing the Probationers of Indian Civil Services attending the Foundational Course, outlined the big picture of 'the mission and delivery' that the officers manning the famed 'steel frame' of India were expected to measure up to in their long years of duty ahead. In a first time event, the officers who were in the early phase of their training were assembled at a place outside of the LBSNAA Mussoorie -- at Kevadia in Gujarat, the venue of Sardar Patel's statue -- for the Prime Minister's address on October 31 marking the National Unity Day.. |
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Worrying distanomics: Has India factored CPEC into RCEP?
Robinder Nath Sachdev | 05 Nov, 2019
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| As the 16 nations in Asia are marching towards closure on Regional Comprehensive Economic Partnership (RCEP) discussions in Bangkok, it will be a major step if India signs up to the deal. But there are questions, and a raging controversy back home in India about the pros and cons of the agreement in its present form.. |
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Credit culture needs to change
K. Yatish Rajawat | 29 Oct, 2019
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| The fraud at Punjab and Maharashtra Co-operative (PMC) Bank shows that there is a rot in the system and not the bank. If unchecked, it can cause irreparable damage to the system. The complicity of bank officials with the Wadhawan family and its companies shows that there is a systemic flaw in the credit system. The extent of it may vary from one bank to another, but its existence is now undeniable.. |
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Tourism growth and its inter-linkages
Taponeel Mukherjee | 22 Oct, 2019
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| The dynamics of industrial growth in India, for all ancillary industries, makes for fascinating reading and analysis. India has embarked on a renewed push towards making the country an attractive tourist destination through a variety of measures such as the "Incredible India 2.0" campaign. . |
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What can India learn from China's 70 years of economic growth?
Amit Kapoor | 13 Oct, 2019
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| China celebrated the 70th anniversary of becoming a communist republic with much fanfare. Back in October 1949, when China was adopting the communist model of societal organisation, India was framing its constitution. Less than four months later, India was a democratic republic. . |
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Modi's US visit: But is it Mission Accomplished?
Frank F. Islam | 05 Oct, 2019
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| Prime Minister Narendra Modi has returned home to India from his six-day visit to the US to reach out to the Indian American community, buttress US-India trade relations, speak in a number of forums, hold meetings with country and business leaders to reassure to encourage and promote investment in India. And do all of this while avoiding or minimizing speaking about Kashmir.. |
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No halfway house
D.C. Pathak | 29 Sep, 2019
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| Prime Minister Narendra Modi has once again proved that on matters of national and strategic import there is no stopping him till the goals set by him would be totally achieved. The 'Howdy Modi' extravaganza at Houston so meticulously planned and scripted became an effective platform from where India's foreign, domestic and economic policies would be defined and reaffirmed by the Prime Minister for the benefit of the entire world and an assertion made of India's arrival as a global player.. |
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Fiscal expansion and monetary 'teasing'
Suyash Choudhary | 23 Sep, 2019
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| The unexpected corporate tax cuts alongside previous measures announced over the last few days by the government amount to a total fiscal expansion of around 0.8 per cent of GDP at face value. That said, private estimates in this regard are between 0.2 - 0.4 per cent shy of the governments estimate. |
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The subtle art of credit price discovery
Taponeel Mukherjee | 17 Sep, 2019
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| As India grapples with credit issues, one of the primary factors that needs analysis is the broken transmission mechanism that relays credit quality to market participants. In common parlance, the transmission mechanism that provides information regarding the credit quality of the borrower to the lenders is unable to do so efficiently. Recent news whereby credit downgrades have just preceded defaults by Non-Banking Financial Companies (NBFCs) is a case in point.. |
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