DANGEROUS SUGGESTION

Context: Former RBI governor Raghuram Rajan and ex-deputy governor Viral Acharya argued against allowing companies to own banks because it would allow non-financial businesses to gain easy access…

Compound conundrum

Context: While the waiver of the interest on interest  is welcome, MSMEs need more help  Relevance: GS Paper 3: Indian Economy (issues re: planning, mobilisation of resources, growth, development, employment); Inclusive growth and issues therein. Sub topics: Sector of economy…

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