000-tobecategorised

Reimagining India's Economic Future | Raghuram Rajan and Rohit Lamba   https://youtu.be/Xi5Tej8WOV8?t=489  Manthan India 
Dec 23, 2023 Raghuramrajan and Rohit Lamba address both sets of views in their new book, Breaking the Mould: Reimagining India’s Economic Future, as they develop a policy perspective on India’s economy that will ‘break the mould’ and usher in an era of improved well-being which will be equitable and transform people’s lives.

Is India growing rapidly today and on the cusp of transforming the lives of its people? Is global manufacturing rushing to India and will it then generate the kind of employment that India’s youth badly needs? The optimistic answers to these questions which dominate the media also have their critics. The counter view is that India’s growth has been and continues to be extremely unequal and it is not generating adequate employment. Another counter is that India has missed the manufacturing bus and industry will never be able to generate jobs on the scale needed. India, it is said, must look to growing and generating jobs on the back of services, including high-end services. It is also argued that India’s governance structures are far too enfeebled to oversee an economic transformation.

https://youtu.be/Xi5Tej8WOV8?t=749 jobs and rate of growth..wihat will bridge this gap.  Growing the manufacturing sector?  Korean path? Is that easy today. Now  Rich countries have moved to Services. The other end of the SMILE curve.  

What is behind the argument between IMF and RBI over exchange rates? https://www.youtube.com/watch?v=i1bmD93EhIA 
Dec 22, 2023 #Macrosutra  The IMF has made several points in its latest report on India. The one on exchange rates has made the RBI and government protest, but other suggestions are useful. Economist Radhika Pandey . IMF classification change: Exchange Rate: Floating to Stabilised.  RBI is intervening in the market.. 

IMF’s assertion that RBI over-regulated rupee is weak, but advice on better fiscal targets is useful https://theprint.in/macrosutra/imfs-assertion-that-rbi-over-regulated-rupee-is-weak-but-advice-on-better-fiscal-targets-is-useful/1896084/  RADHIKA PANDEY and UTSAV SAKSENA 22 December, 2023 Govt, RBI term IMF’s exchange rate re-classification as arbitrary. They also disagree with its assertion that India’s general govt debt-GDP ratio could exceed 100% of GDP in medium term.  The IMF has flagged possible risks on banks’ balance-sheets from the sharp rise in personal and unsecured loans.

IBC cases: For every ₹100 of claims admitted, banks took haircut of ₹69 https://www.thehindubusinessline.com/money-and-banking/ibc-cases-for-every-100-of-claims-admitted-banks-took-haircut-of-69/article65806562.ece  August 24, 2022 Urgent need to introduce global standards which mandate that haircuts outside certain benchmarks should lead to failed resolution
BY K.R. SRIVATS

https://www.livelaw.in/ibc-cases

http://ibccases.com/