How can we utilize technology to tackle Financial crimes?
The advent of technology has been a boon for mankind in many different ways. Improved healthcare, connectivity, communication and what not. Technology can be found in every sphere of life, it is all-pervasive. It has made our lives much easier.…
Impact of Crony capitalism on India
What is Crony Capitalism?- Crony capitalism is an economy in which businesses thrive due to their proximity to the ruling government and influential people. Unlike Capitalism, which works on merit & competition, crony capitalists get undue advantage by the patronage
Bad bank – Is it a good idea?
Introduction :- In January 2017, the Economic Survey of India suggested setting up a ‘Public Sector Asset Rehabilitation Agency‘ (PARA). On May 8th 2018, the then interim finance minister Piyush Goyal hinted towards the possibility of setting up a “Bad…
Why Indian PSUs are in losses?
Reports of PSUs in losses have been lingering from a decade. An increasing number of PSUs, even the highly profitable ones, have run into debts and losses. There are some general reasons and some specific blunders committed by the Indian…
