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Economic Bytes: Centre lets states borrow more, asks for reforms

Centre lets states borrow more, asks for reforms Approx Read Time: 6 minutes In News: The Centre has agreed to the demand from states to allow them to borrow more funds to meet spending needs, amid a fall in revenue collection but made a large part of it contingent upon reforms. Background: Since the start …

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Economy Revival: (National Infrastructure Pipeline)

Published on 11-Sept-2019 – National Infrastructure Pipeline National Infrastructure Pipeline of Rs.100 Lakh Crore from FY 2019-20 to FY 2024-25 Approx Read Time: 7 minutes In News: Central government constituted a task force for drawing up a roadmap for ‘National Infrastructure Pipeline’ (NIP) of Rs.100 lakh crore from the financial year 2019-20 to 2024-25. The …

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Economic Concerns: Affects of Bank Mergers

Published on 11-Sept-2019 – Affects of Bank Mergers How will mergers affect public banks? (Affects of Bank Mergers) Approx Read Time: 4 minutes In News (Affects of Bank Mergers): FM Mrs. Sitharaman recently announced that 10 banks owned by the Government of India will be merged into four larger banks, thus the total number of …

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