Okebiz Video Search



Title:‘Worst is behind us, Budget Should Aim To Raise Revenue Without Raising Taxes to Stimulate Economy’
Duration:43:43
Viewed:13,887
Published:16-01-2021
Source:Youtube

In a 43-minute interview to Karan Thapar for The Wire Nilesh Shah did accept that there are three or four serious challenges that face the economy. First, he said “undoubtedly unemployment is a major concern”, adding that it’s not just increasing jobs that needs to be focussed upon but also income levels.
The second area of concern Nilesh Shah said is the finance sector. Questioned about the RBI’s recent Financial Stability Report which shows NPAs could increase to 13.5% by September 2021 compared to 7.5% a year earlier – and for public sector banks they could increase to 16.2% compared to 9.7% a year earlier – he said “undoubtedly the NPA burden is a cause of concern”. He said “the resolution of NPAs is a real problem” and recommended that the model followed by the US government in handling General Motors should be followed in India. GM was allowed to go bankrupt and then revived over a limited period of time. Nilesh Shah added that even if suspension of the IBC Act was a sensible response eight months ago it now needs to be lifted and the Act brought back into force.

SHARE TO YOUR FRIENDS


Download Server 1


DOWNLOAD MP4

Download Server 2


DOWNLOAD MP4

Alternative Download :



SPONSORED
Loading...
RELATED VIDEOS
'India Has Very Serious Employment Crisis, the Budget's Done Little to Tackle It'—Mahesh Vyas, CMIE 'India Has Very Serious Employment Crisis, the ...
39:19 | 44,019
Beyond the Hype,  the Serious Concerns and  Real Truth About the Budget Beyond the Hype, the Serious Concerns and Rea...
29:28 | 71,977
Budget 2021: Watch: Prannoy Roy And Experts Analyse Budget 2021 Budget 2021: Watch: Prannoy Roy And Experts Ana...
52:49 | 27,441
USS John Paul Jones strays into EEZ, flaunts preserving international law while breaking India’s USS John Paul Jones strays into EEZ, flaunts pr...
21:30 | 175,450
Govt Could've Waited a Month Before Authorizing Covaxin to Allay Concerns Says Former AIIMS Head Govt Could've Waited a Month Before Authorizing...
48:40 | 22,831
Shyam Saran on India navigating the shifting geopolitical landscape in post-Covid world Shyam Saran on India navigating the shifting ge...
26:08 | 37,598
'Modi Has Created a New Pro-Hindu Power Elite—Protecting India's Social Unity Not Important to Them' 'Modi Has Created a New Pro-Hindu Power Elite...
32:46 | 114,033
Ashok Gulati vs Reetika Khera: Three Critical Questions about MSP on Which Experts Can't Agree Ashok Gulati vs Reetika Khera: Three Critical Q...
52:07 | 70,002