PSU Buybacks: A Tool for Meeting Disinvestment Targets?
Dr.Chanchal Chatterjee
Companies returnsurplus cash to the shareholders either though paying cash dividends or by repurchasing shares. Traditionally, cash dividend has been preferred by Indian companies than share buyback (share repurchase). However, for returning excess cash to the shareholders as one off payment…
Farm loan waivers – A bad Macro-fiscal Policy
Sahana Roy Chowdhury
Farm loan waiver has come back again as a major politico-economic clout. In 2008, a package of ₹ 60,000-crore was announced in the form of farm loan and debt waiver, which was highly debated in the policy forum. The arguments and concerns did not only surround…
