Interest Subvention vs Interest Subsidy – A far reaching reform measure…

The Finance secretary Mr Ratan Watal’s statement on the issue again re-affirm the fact that the government is firing on all cylinders and in all directions..! The proposal simply means that instead of mandating banks to give loans at lower rates to certain categories such as farmers or textiles plants under different schemes, it will … Continue reading Interest Subvention vs Interest Subsidy – A far reaching reform measure…
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Jewellers' Strike – What is at Stake…

The jewelers’ strike appears to have a comic undertone…! Its like a person refusing to disclose his wealth to the Income Tax Dept because IT Dept will, then, harass him..!  And I am sure the family members of the striking owners would be a happy lot since the jewelers are now finally tending to their household duties..! … Continue reading Jewellers' Strike – What is at Stake…
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Jewellers’ Strike – What is at Stake…

The jewelers’ strike appears to have a comic undertone…! Its like a person refusing to disclose his wealth to the Income Tax Dept because IT Dept will, then, harass him..!  And I am sure the family members of the striking owners would be a happy lot since the jewelers are now finally tending to their household duties..! … Continue reading Jewellers’ Strike – What is at Stake…
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RBI Policy – The Rationale…

The much anticipated rate cut did happen, apart from some other far reaching announcements. It may be worthwhile to understand the reasoning… Inflation has moved along the expected lines. While there are risks to the projection arising out of  unseasonal and uncertain rains, impact of 7th pay commission on demand and consequently on prices, there … Continue reading RBI Policy – The Rationale…
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