Efficiency and Efficacy of MGNREGS – The Economic Survey
Among the issues covered by the Economic Survey this year are the gains arising out of technological intervention in MGNREGS (Mahatma Gandhi National Rural Employment Guarantee Scheme). The scheme has…
Budget 2019-20 – Revenue & Expenditure Analysis (Part II)
Against total receipt of Rs 20.8 lakh crore, government is projected to spend nearly Rs 27.9 lakh crore in FY20. This implies a budget or fiscal deficit of Rs 7.1…
Budget 2019-20 – Revenue & Expenditure Analysis (Part I)
The Budget proposed for year 2019-20 projects total expenditure of Rs 27.9 lakh crore against receipt of Rs 20.8 lakh crore. This implies shortfall of Rs 7.1 lakh crore corresponding…
Budget 2019-20 – Highlights..
The budget proposal for the year 2019-20, presented in the parliament today, didn’t enthuse the market as seen by the decline in Senses. It does seem to lack tangible proposals…
The Economic Survey, 2018-19 – Highlights
The Economic Survey for the year 2018-19, presented in the parliament today, puts forward a prescription for India to become $5 trillion economy by 2024-25. However, the survey acknowledges the…
Status of Employment in India – Government Report..
The employment survey report for the year 2017-18 released late last month paints a grim picture of the employment scenario in the country. While employment situation has never been satisfactory…
DHFL – Understanding the Crisis
Dewan Housing Finance Corporation Ltd (DHFL) had a bad last month with series of defaults/delayed payments, downgrade of debt papers to default grade, sale of some of the assets and…
Weekly Round Up – Week 26
Major events for the week are tabling of report on black money in the parliament, SEBI’s tightening of rules for mutual funds, continued trouble at DHFL, initiation of insolvency proceedings…
Weekly Round Up – Week 24
The week saw important developments in the financial services sector with debt repayment by DHFL, issue of new rules by SEBI for credit rating agencies and resignation of auditors of…
Revisiting NBFCs (Non Banking Finance Companies)
NBFC sector has been receiving intense attention, most recently due to default by Dewan Housing finance Corporation Ltd (DHFL). The trouble which began about a year ago with the default…