India has space for another strong ARC led by banks: Shaktikanta Das – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/india-has-space-for-another-strong-arc-led-by-banks-shaktikanta-das/articleshow/81206506.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Das also added that just like non-bank lenders the RBI was internally working on refining and strengthening guidelines governing asset reconstruction companies. Reserve

PLI scheme: Only a few PLI sectors might succeed; most of them risk failure. Swaminathan Aiyar explains why – The Economic Times

Clipped from: https://economictimes.indiatimes.com/news/economy/policy/only-a-few-pli-sectors-might-succeed-most-of-them-risk-failure-swaminathan-aiyar-explains-why/articleshow/80905360.cmsSynopsis Why should the government pick winners instead of letting market competition decide that? In the 1990s, nobody thought that software, autos, and pharma

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