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How govt can boost infra funding in India

For development finance institution to succeed now, the government must stand like a rock behind it and be patient. Anup Roy, Nikunj Ohri & Abhijit Lele report. Illustration: Dominic......

India's infra sector gets a major funding boost

Initially the new institution would be government-owned, with its stake being cut gradually to 26%, says Finance Minister Nirmala Sitharaman. Illustration: Uttam Ghosh/Rediff.com The Cabinet has......

Questions to ask about the Bad Bank

Why do we need a bad bank, owned by the banks themselves when there are at least 28 ARCs around, asks Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com   The headache over recovery of......

'Expect K-shaped, not V-shaped, recovery'

'This is happening regardless of the Budget.' Illustration: Dominic Xavier/Rediff.com   According to the latest Economic Survey, a V-shaped recovery is taking place in the Indian economy. The......

Budget 2021: Bad bank will be a win-win for lenders

All banks are eligible for privatisation. A committee of secretaries will decide which banks will be privatised, says Financial Services Secretary Debasish Panda. Illustration: Dominic......

Saina, Bindra among 45 athletes for Target Olympic Podium assistance

Seventeen shooters are among 45 athletes selected by the government for financial assistance under the Target Olympic Podium (TOP) scheme. The government, on Tuesday, announced the names of the......
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