Tuesday, November 28, 2017

Resource Efficient Cleaner Production and MSMEs

Can SMEs move to the RECP technologies?

UNIDO and UNEP started working with CII on the propagation of Resource Efficient and Cleaner Production (RECP) in manufacturing with a mission to improve resource productivity, prevention of waste, emissions and efficient use of water. Culturing SMEs in India as seedbeds of manufacturing requires a critical look at the issues and possible solutions.

Friday, November 17, 2017

Recapitalisation, NPAs and Basel III



Post demonetisation, banks were flush with funds and yet credit did not pick up. Blame was on the surging NPAs that decimated the risk appetite of the Banks. The whole country is now aware that NPAs of corporate borrowers is the villain of the piece. Banks for once stopped blaming the priority sector for the unsustainable level of NPAs.

PSBs have their liberal share and therefore FM announced recapitalization of the order never seen before at Rs.2.11trillion. To call these reforms is a travesty of judgement. Average tax paying person has to bite the bullet. It has the potential for moral hazard.