Tag Archives: reforms

Govt plans lending reforms as bankers fear new bad debt crisis

India’s near $147 billion pile of soured loans is replete with examples of powerful and politically connected businesses who are accused of undermining rules to secure credit and then defaulting on loans. Photo: Mint New Delhi: Weeks after India unveiled a $32 billion bailout of state-run banks, top finance ministry officials and bankers will meet this weekend to discuss lending reforms ... Read More »

The need for reforms in healthcare finance

The current ‘system’ of health financing is largely out-of-pocket payments, with tax breaks provided for health insurance. Photo: Mint The Centre and state governments are experimenting with several new and exciting ideas in healthcare reforms. What is missing, however, is a serious reform agenda for health financing. The last big reform was expanding the coverage of the Rashtriya Swasthya Bima ... Read More »

HSBC pegs FY16 growth at 7.4%, says reforms key to push it up

Foreign brokerage HSBC has said the country is in the midst of a “credit-less” recovery and policy reforms are the main way ahead to achieve higher growth. Expressing dissatisfaction with the new way of GDP computation, its country economists, led by Pranjul Bhandari, estimated that the economy would clock a 7.4 per cent growth in FY16, and it would remain ... Read More »