20 July, 2021
15 Min Read
Bad Bank launched for stressed assets as a measure to clean up bank books
What is a ‘bad bank’?
What is the extent of the crisis faced by banks?
What are the pros and cons of setting up a bad bank?
Will a ‘bad bank’ help ease the bad loan crisis?
Will it help revive credit flow in the economy?
What is the news?
THE ABSURDITY OF THE ANTI-DEFECTION LAW Uddhav Thackeray’s government facing internal dissent from a block of 22 MLA led by Eknath Shinde, has brought the anti-defection law again into the spotlight. Such events were also witnessed in Puducherry, Madhya Pradesh, and Karnataka. ANTI-DEFECTION LAW The anti-defection law was included in
12TH WTO MINISTERIAL CONFERENCE The 12th Ministerial Conference of the World Trade Organization (WTO) concluded, recently in Geneva. The main areas of discussion were: WTO’s response to the pandemic. Fisheries subsidies negotiations. Agriculture issues including Public Stockholding for Food Security. WTO Reforms and M
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FINANCIAL ACTION TASK FORCE Pakistan got a respite from the Financial Action Task Force (FATF) as FATF announced that the country could be removed from the grey list. FATF is going to decide whether to take Pakistan off the ‘grey’ list at the end of its plenary session in Berlin in October. Pakistan has been on the Financia
The Situation of Government Jobs PM has ordered, million central government posts to be filled in a mission mode over the next one and a half years. The Current Picture of Employment in India The unemployment rate is defined as the percentage of unemployed persons in the labor force. Suffered by demonetization, pandemic,
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