Mains Question:
Question: “In recent times bad loans have been one of the major issues in the Indian Economy”. In the light of this statement, discuss how Bad Banks had played a significant role in handling the bad loans and challenges faced by them with suitable examples.
|
Question Mapping
- Subject: Economy (GS-III)
- Sub-topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment
|
- Introductionwith what are bad loans and what is its current status in the Indian Economy.
- Explain the Bad banks and how they help in resolution of the bad loans in India.
- Highlight the challenges faced by bad banks in the resolution of the bad loans with suitable examples.
- Conclude with the impact of bad loans in the livelihoods and their resolution in maintaining a healthy economy.
Context:
There is some level of certainty about the emergence of an Asian-centric century but India must prepare itself for the harsh headwinds of the geo-political contestations.
Asian century and (multi)polarity
- Multipolar Asia: There are two possibilities, one is a multipolar world with Russia, China, Japan, India and the other is a China-dominated Asia.
- Multipolarity and India’s interest: It can serve India’s interest only if it is underpinned by international law, premised upon respect for the sovereignty and territorial integrity of all countries.
- Dollar-based trade: Although it is facing serious challenges from Russia and its Asian partners China, Iran, Turkey, India, etc. it will be a matter of concern if the arrangements shift to Yuan.
Courses
Study
Notes
Home
Resources
More
