Does their adamant foolishness in understanding basic of economics ever worry you? Lower repo rates by RBI for lending to banks; Lower cash reserve requirement to maintain with RBI, so more lending can be done; Guarantee free loan to MSMEs by Banks and NBFCs; Partial guarantee (first 20%) to loss suffered by NBFCs. Of course it is not a case…
As this is a long read, let’s start with a little laughter. Trust me it is relevant. This is the exact case scenario at hand with the recently announced economic package of Rupees 20 Lakh Crore. While the figures are very interesting and attractive, it is pertinent to know how much Central Government is shredding out of it’s account in…
Early Monster When slaves were being given food to survive (regardless of its taste and edibility), clothe to wear (regardless of its length and suitability) and roof to stay under (regardless of it being a horse’s shed) what was all the fuss of freedom and liberty from slavery regarding? Let me be very clear, this is not about America or…