General collection

This is an excellent article on workings of Indian Parliament.  I believe this where reforms should start from. If the parliament does not debate/amend existing regulations and create new regulations to meet the existing demands of the society how can the bureaucracy work?

According to this article, the banking crisis is still going to worsen with gross NPAs going from 9.6% to 10.2% by the end of FY 2017-18.

Jobless growth: The jobless growth during UPA 1 & 2 could actually be wrong. I always had my doubts about the quality of data captured by government survey agencies. First, their reliability is some what questionable and second they mostly only capture formal sector. Now according to this article, even some of the formal sector data may be unreliable.

 

Advertisements

Author: Bobbur Abhilash

I am a fourth year Doctoral student in the Finance and Control Department at IIM Calcutta.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s