If all private bank deposits were transferred to CBDCs, conventional banks would be forced to act as "loanable funds intermediaries" under the control of the central bank.
लोकतंत्र मे भी शक्ति का विवेकयुक्त प्रयोग देश मे सुशासन और शांति समृद्धि की गांरटी है। भारत की वर्तमान दुरावस्था लोकतांत्रिक परंपराओं को पुनर्परिभाषित करने की आवश्यकाता का संकेत करती है।
This article explains why the Govt of India has not choice but to pass on the additional costs due to crude price increase to consumers of Petrol, Diesel and LPG. It will do good in the long run
PVNR govt and his overrated economic reforms made them mercenary of US. Now conducting a nuclear test means they have to face economic sanctions which then the government was not willing to risk. This is literally a shame, how PM is going against national interest by not conducting Test.
India is on the right path to become a manufacturing process with a continued government support and national players meeting the standards of quality and quantity across industries. It is imperative the country realizes the gravity of the situation and joins hands
in the face of globalisation, the need of the hour is to have less centralised, more competent and independent regulators and swifter resolution of disputes by the judiciary.
IMF dictated India's economy and FM- MMS was just a puppet in the hands of IMF. Interestingly, a lot many conditionalities related to IMF loan was not disclosed to the public.
All economies should focus on self-sufficiency where they can provide for all without any dependence on external sources. This change in priorities of the neoliberal order will remove all the internal fractures in it like poverty, over exploitation of the environments, unemployment, disease and other internal conflicts over scarce resources.
Whether India becomes Atma Nirbhar or not, depends not just on how India acts but also on global developments, especially in USA, China and Europe, and the recent global Corona-virus pandemic.