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DMPQ: RBI has taken several steps to deal with stressed asset problems. Discuss the steps taken by the RBI. Also comment on their success.

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Steps taken by RBI:   Establishment of private Asset Reconstruction Companies (ARCs) Many ARCs have been created, but they have solved only a small portion of the problem, buying up only about 5 percent of total NPAs.   Strategic debt restructuring scheme: under this creditors could take over firms that were unable to pay and … Read more DMPQ: RBI has taken several steps to deal with stressed asset problems. Discuss the steps taken by the RBI. Also comment on their success.

Suggest solutions to deal with the structural challenges of the Indian economy.

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Solutions:   Allowing market to penetrate in the non -efficient areas. Government need to do way with the fear of private sector intrusion and instead adopt the role of facilitator. Intellectual property rights need to be preserved and ecosystem of safety of IPR should be there. Rational and quick decision making on the unviable public … Read more Suggest solutions to deal with the structural challenges of the Indian economy.