An autonomous research institute under the Ministry of Finance

 

Re-imagining MSME lending

14/07/2020

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(Co-authored with Amrita Pillai)
 
The government’s initiatives under the stimulus package have been geared towards helping Indian MSMEs maintain liquidity and ensuring greater credit availability. The emergency credit line, subordinate debt provision and the equity infusion measure, apart from the long-awaited reform to the MSME definition, …

UNMAKING ‘MAKE IN INDIA’

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13/07/2020

(Co-authored with Rajesh Raj S.N. and Kunal Sen)
 
The possibilities of a global economic reorganisation in a post-Covid-19 world has brought the attention of the Indian government back to their flagship ‘Make in India’ programme. Speaking to his council of ministers during the lockdown, Prime Minister …

Holding their breath: Indian firms in an interruption of revenue

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03/07/2020

(Co-authored with Anjali Sharma)
 
India is in a state of lockdown with only essential goods and services getting exemption. This has given a teachable moment on the role of liquid cash in corporate financial policy.
 
Most firms will see a varying degree of …

Isolation : A weak link in Indian public health

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03/07/2020

  1. There are four parts to the public health response to an epidemic: 1) Trace, 2) Test, 3) Isolate, and 3) Treat. Once someone is infected, tracing involves identifying, listing and following up with all the people who have come in contact with the infected person to ensure that …

Applicability of the IBC to public sector enterprises: The case of Hindustan Antibiotics Ltd

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03/07/2020

(Co-authored with Sudipto Banerjee and Karthik Suresh)
 
Since the enactment of the Insolvency and Bankruptcy Code (IBC) in 2016, the National Companies Law Tribunal (NCLT) has been admitting insolvency cases against public sector enterprises (for example, the Tamil Nadu Generation and Distribution Co. Ltd., the Northern …