Economic Issues

A Good Day to Worry Hard

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…

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Economic Issues

Congratulations!!! You have been Bamboozled.

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…

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