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A primer in 26 steps


A primer in 26 steps
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Atmanirbhar
The government’s flagship economic policy of a self-reliant India got top billing in the budget. Nirmala Sitharaman’s dedicated Part-A of her speech to the policy, which is increasing in scope and coverage. Atmanirbhar has even been institutionalized in a new centrally-sponsored health scheme with an outlay of ₹64,180crore.
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Bad bank
There has been plenty of debate about the need for a “bad bank to take over the massive bad loans of public sector banks and then help dispose of the assets. The government has finally bitten the bullet, announcing an asset reconstruction and asset management company. RBI estimates 17.6% of public sector bank loans could go bad. ....

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