Indian School Of Business - Latest News Update, Information, Photos & Videos on Indian School Of Business at Lokmat Times

NBFCs (non-banking finance companies) and liquidity in the credit system are also set for higher importance given their manifestation in the slowdown demanding due attention. NBFCs have been under liquidity pressure after the series default by Infrastructure Leasing & Financial Services (IL&FS) in September last year.There is likely a complete chapter on wages and labour reforms needed to push employment and raise incomes of the poor though the Chief Economic Advisor to the Modi government has, in the past, has not exactly been talking of unemployment as an issue.But the Survey has, sources said, tried to find out the holes in the current economy as well, not toeing the standard line.On agriculture, there are likely to be steps on increasing disposable incomes for the farmers and their produce through minimum support price (MSP) raises.Sources said Krishnamurthy Subramanian, the Chief Economic Advisor, may try to give not-to-common ideas on these key indices which are facing challenges.The ex-Associate Professor of Finance at the Indian School of Business will be presenting his first Economic Survey on July 4. In a tweet, he said: "Looking forward with excitement to table my first - and the new Government's first - Economic Survey in Parliament on Thursday (July 4, 2019)."It will be a pro-poor Survey and adequate measures have been ticked in with out-of-box ideas on each of these areas. But it is agriculture and employment that is likely to have received the maximum attention of the CEA.The Indian economy is at a 5-year low of 6.8 per cent in 2018-19 and the fourth quarter growth has slumped to 5.8 per cent which is a 17-quarter low.With Subramanian earlier saying the Indian economy will grow at 7 per cent, the Survey could suggest an expansionary investment exercise by the government to tackle slow consumption, investment, demand and unemployment. It may advocate that this course could be undertaken, risking fiscal deficit and inflation, sources said, adding the CEA is a growth optimist, so he would put a growth surge ahead of other macro stats.The FY20 fiscal deficit is fixed at 3.4 per cent of budget estimates (BE) in the interim budget.The survey is learnt to have supported large PSU banks through mergers and has suggested banks not to back out of lendings after doing proper clinical analysis of the borrowers.It has favoured higher lendings to revive credit circulations and industrial activity. It is also likely to seek banks to be able meet regulatory capital needs not by recapitalisation but by their own internal profits and market-raised funds.On NPA recovery, the survey may offer 2-3 more ideas on strengthening Insolvency and Bankruptcy Code by cutting down on time period of the process.(Anjana Das can be contacted at anjana.d@.in)( With inputs from IANS )

Indian School Of BusinessFOLLOW

Indian school of business, Latest News

The Indian School of Business (ISB) and Telangana's State Board of Technical Education and Training (SBTET) on Friday signed an MoU on strengthening employability skills in the state for undergraduate students. ...

Chief Economic Adviser Krishnamurthy Subramanian on Sunday said history will look at this year as important for privatisation. ...

Hyderabad, Aug 13 A total of 692 students graduated from the Indian School of Business (ISB) on Friday. ... ...

With the objective of economic recovery and growth monitoring post COVID-19 phase, the Andhra Pradesh government, through the Economic Development Board, entered into a memorandum of understanding (MoU) with the Indian School of Business to work with ...

Dare2Compete, one of India's largest student communities, has put all stakeholders of the B-School ecosystem under a single umbrella, with Dare2Compete Awards, where efforts of all- Students, B-Schools and Companies, are acknowledged and celebrated. ...

Vice President M Venkaiah Naidu on Thursday said that Election Commission alone cannot prevent the influence of money power in electoral politics for which citizens must take a lead. ...

The Indian School of Business (ISB) and Microsoft India on Friday joined hands to equip Indian business leaders with tools and strategies to make their organizations Artificial Intelligence (AI)-driven. ...

The Economic Survey on Thursday is likely to come up with 8 to 9 out-of-box ideas with regard to revival of overall growth in agriculture, manufacturing, and exports, on infrastructure, as well as NPAs including bank recaps, employment and capital ma ...