Divakar Vijayasarathy, founder and managing partner at consulting firm DVS Advisors LLP, said: “The contraction of GDP of the first quarter and the RBI’s estimate of real GDP shrinking by 9.5% has definitely made the government ponder and it has...
In the wake of coronavirus pandemic, people are avoiding travel. "Considering this peculiar scenario and due to the need to boost demand, the government has introduced new LTC voucher scheme wherein the Central government and its PSUs shall pay to...
According to Divakar Vijayasarathy, Founder and Managing Partner, DVS Advisors, since the announcements came with a "conditions apply" tag, it may dampen the spirit.
"The Centre has sticked to its ground and borrowing in its name is only for operational convenience and it should not be construed as the Centre yielding to the states," Divakar Vijayasarathy, Founder and Managing Partner, DVS Advisors LLP said.
Clarifying the rationale behind the Centre’s borrowing, another officer said, “When states borrow directly from RBI, interest rates will depend on their ratings. When the Centre borrows and passes on to states, the rate of interest will be same for...
Divakar Vijayasarathy, Founder and Managing Partner, DVS Advisors LLP, said the Centre borrowing ₹1.1-lakh crore should not be interpreted as the government yielding to the requests of the States. What is raised by the Centre “would be passed on to the...
“The loan to be borrowed by the central government would be passed on to the states as back-to-back loans and, hence, would not have any impact on the central government’s fiscal deficit. This would still stand as the liability of...
The festival advance with only a single condition of digital spending which is implemented through a rupay prepaid card, without any other frills, is definitely a welcome one and is expected to be well received by the salaried class. However,...
“The pandemic has brought to the fore once again the disparity between the rich and the mid-income and poor people,” says Divakar Vijayasarathy, founder and managing partner at DVS Advisors, a professional services firm.
The central bank’s affidavit explained that by a September 7 notification, it had laid down the thresholds for the 26 sectors based on Kamath Committee recommendations. This specifically addressed the issues concerning power and real estate. The affidavit stated that...
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