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hari hara mishra

Hari Hara Mishra

The only solution to fight corona is to vaccinate, vaccinate and vaccinate. This will help curtail the spread of infection to some extent and save fatalities to a great extent

Lockdown unviable, COVID-19 vaccine the only solution; here's why

by Hari Hara Mishra |Apr 30, 2021

It is time policymakers and the national disaster management team sit together and find out how to ramp up existing domestic production of COVID-19 vaccines and how to import from manufacturers abroad...

Just making a mega NPA corporation procure NPAs from banks at a price remunerative to them can only be a pain killer, not the cure

How bad bank model of ARC, AMC would work to manage NPAs

by Hari Hara Mishra |Mar 8, 2021

The proposed two-tier ARC, AMC framework, ostensibly created with public structure and private sector in mind for the respective entities, may create more problems than they serve

COVID-19 has created massive financial disruptions and challenges in the financial system have grown in scale and complexity

How IBC will pan out post-COVID-19

by Hari Hara Mishra |Oct 5, 2020

In order to ensure timely completion of IBC, out of court settlement needs to be encouraged, and the NCLT, NCLAT infrastructure needs to be strengthened

For 970 cases which have been closed through the IBC Process so far, 780 cases were liquidated

Rs 6.5 lakh crore haircut, 1.1 million job losses; is IBC really a success?

by Hari Hara Mishra |Feb 26, 2020

Out of Rs 9,870 crore worth of claims, the creditors have received a princely sum of Rs 96 crore - that is right. Less than 1% after more than one year of running around, which will not compensate eve...

During the COVID-19 pandemic, ARC was probably the only sector that did not get any attention from any policymaker

How ARCs can help clean up the mess of NPA

by Hari Hara Mishra |Aug 5, 2020

When NPAs are going to accelerate, ARCs should be a natural choice for meaningful engagement in enhancing their functional effectiveness to deal with growing stress

Out of an estimated 1 crore migrants, who have returned home, 67 lakh are expected to be benefited by 'Garib Kalyan Rozgar Abhiyaan' scheme

Garib Kalyan Rozgar Abhiyaan: How PM Modi's Rs 50,000 crore project will boost livelihoods in rural India

by Hari Hara Mishra |Jun 26, 2020

Centre's Rs 50,000 crore 'Garib Kalyan Rozgar Abhiyaan' scheme has twin objectives of rehabilitation for reverse migration and stepping up rural infrastructure

At the present juncture, when we need both growth and jobs, there can be no second thought on ushering in nothing short of an industrial revolution

Post-COVID-19 Atma Nirbhar Bharat: Time to usher in an industrial and agricultural revolution

by Hari Hara Mishra |Jun 1, 2020

It is time to constitute a task force consisting of all stakeholders to review the policy framework in a time-bound manner and institutionalise a foundation for Post COVID-19 Atma Nirbhar Bharat

Several states like Uttar Pradesh have already announced skill mapping of migrant workers returning home, so that they can be given jobs in the hinterland.

Coronavirus lockdown: India's growth story for 2021 will be driven by Bharat

by Hari Hara Mishra |May 30, 2020

In the absence of demand, government spending has to accelerate and move towards rural areas as most of the workforce, out of jobs, have headed back to villages

The idea of a bad bank in India first appeared in the government's official document--The Economic Survey of 2016-17

Coronavirus crisis: All that's bad about a 'Bad Bank'

by Hari Hara Mishra |May 25, 2020

The creation of a bad bank in its present format can only provide a temporary reprieve, by enabling transfer of a large chunk of NPAs, to make the banks' balance sheet look better

The 8 crore migrants constitute around 6% of the total population

Coronavirus crisis: Feeding India's 8 crore migrant workers to cost Rs 3,500 crore, 0.18% of stimulus package

by Hari Hara Mishra |May 19, 2020

This migrant labour support allocation translates to Rs 437 per capita (Rs 3500/8) for a 2-month period for the most vulnerable segment of society. In other words, the support is equivalent to 2 days ...