Issue: January 2018
 
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  Protagonist to economic transformation by Shri Vivek Kumar, Sanket Tandon and Shubhada Rao
  The authors opine that banking landscape in India will see a transformation with the entry of new age specialized banks
  Managing Non- Performing Assets: A Paradigm Shift by Shri Deepak Narang
  In this article, the author has said that emerging scenario after Insolvency and Bankruptcy Code has kicked in, will change the borrowing culture and make lending, in future by the banks, much safer.
  Bank Recapitalisation : Enhancing Capital Base by Shri Ashutosh Kumar
  The article elucidates that it would be beneficial for the banks to enhance their capital base
  Resolving Insolvency by Shri Indivjal Dhasmana
  The author opines that this time Insolvency and Bankruptcy Code is quite different from the earlier resolution system
Lead Article

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New Horizon

Journey of a thousand miles begins with a single step. When the PM gave the call for building a New India by 2022 it energized a whole nation into taking the much needed step towards the new horizon. The call was made on completion of 75 years of the Quit India Movement launched in August 1942, which had, at that time, energized the nation into a mass movement against the British to quit India. The idea now, was to motivate the countrymen to once again rise to the occasion by launching a similar mass movement to quit various evils plaguing the country like corruption, poverty, communalism, casteism, et al. The whole nation took a pledge in one voice to work towards making India free from filth, poverty, corruption, terrorism, communalism and casteism and build a New India by 2022. The concept of New India has many dimensions and requires efforts to be put in by both the government and the people to eliminate various evils plaguing India. If we analyse them one by one we find that many of them have been existing with us for years and some even centuries. For example, our culture tells us that cleanliness is next to godliness. Yet, we as nation are notorious for our unclean habits in public while we maintain a high degree of cleanliness inside our homes. But once we reach the streets, we get transformed magically. Open defecation, throwing our household waste on the streets etc. are all common sights. An unclean nation not only gives a bad impression to the outside world whose investments we seek and among whom we wish to find a place but also leads to diseases which take a toll on our economic prosperity. Hence Clean India. Poverty, again stands in the way of progress as a big chunk of our population wallows in poverty especially in rural India. Corruption is scourge that has been plaguing our nation eating into its economic growth. Measures like demonetization, Direct Benefit transfer, Aadhar, Bhim App have been introduced to reduce corruption and ensure that the fruits of progress reach the genuine beneficiary. Yet a great deal more needs to be done in this direction..
 
 
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Do you know? : What is Forensic Auditing
Forensic auditing refers to the auditing with the main aim to employ accounting techniques and methods to gather evidence to investigate the crimes on financial front such as theft, fraud etc.
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