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

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

Space is the biggest infrastructure constraint in Mumbai and the city represents the complete antithesis of what social distancing is all about

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

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 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

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 of MNREGA daily wages (around Rs 200 per day) for a 2-month period

Once the menace of COVID-19 pandemic is over, a new ecopolitical order will emerge which will be more focussed on human development, infrastructure around health and education, climate preservation and most importantly on people

A cluster-based approach to lending is likely to be the best strategy for optimal results in the shortest possible time to accelerate credit flow to the MSME sector

WTI crude oil price drop: The crash in prices is a windfall for the Indian government. Thanks to the sharp fall in crude price, India will have savings of more than 4 times its annual health budget

Can government initiate specific measures such as providing large-scale unemployment allowance for sustaining the migrant workers through the COVID-19 crisis, until they are gainfully employed again?

The decline in gross NPAs from 11% to 9% during 2018-19, and higher recovery through IBC in visibly large cases, made almost everybody believe the worst was over

A dedicated COVID-19 pan India helpline number should be available 24*7 with human beings who listen and understand the problems faced by citizens and direct them to the concerned authorities

To assess the impact of lockdown, we not only need to take the 21-day shutdown period but the extra additional days of the operating cycle before a material or service can be back to operations

For the persons below poverty line (BPL), the government for the next six months should facilitate a cash transfer of Rs 5,000 per account on a monthly basis into their Aadhar linked bank accounts

A fiscal package is warranted to support the job losses due to halting economy and sector specific revival plans. While heavy lifting is required at government level, monetary intervention is also warranted now for a smooth transition in overcoming the crisis

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 even the expenses incurred by the creditors

Certainly, ARCs are specialised entities and in 2017, minimum net worth of ARCs was enhanced 50 times by the RBI from Rs 2 crore to Rs 100 crore to boost their capital base

A standing committee on the ARC sector should be formed which should meet quarterly to take stock of the developments and ways to improve the functional effectiveness of ARCs

The Essar verdict not only gives the single largest realisation from any asset to financial creditors, qualitatively also this is the biggest for the financial sector in getting their due rights and primacy in the scheme of things