Beyond Budget Headlines with AKB: Why bad banks are a bad, bad idea

Beyond Budget Headlines with AKB: Why bad banks are a bad, bad idea
Share This :


Finance Minister Nirmala Sitharaman has been saying that Budget 2021 will not be like any other before. What might that mean? Coming against the backdrop of a pandemic that has, arguably, wrecked the economy like never before, it could mean she has more big-ticket relief measures up her sleeve.


But it could also mean, says Business Standard’s in-house policy expert A K Bhattacharya, that she is preparing the nation for something unpleasant — something like a one-time Covid tax to raise additional funds to push through more spending and help expedite economic recovery.


Tune in to this podcast to also learn which big schemes could get more funding and which the axe, and if setting up multiple bad banks would be a good idea.

, Beyond Budget Headlines with AKB: Why bad banks are a bad, bad idea, Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor





Source link

Share This :