 "democracy, economy, nationalism, mediocrity")
Given the state of the banking system, the government is reportedly considering the setting up of a bad bank to clean up bank balance sheets. RBI Governor Shaktikanta Das recently said the central bank was open to looking at any such proposal. Our lead editorial argues in this context that a bad bank would perhaps only be used to kick the can down the road. It cannot fill the void created by lack of hard decisions in the context of PSBs over the years.
Other opinion pieces for the day, among other things, talk about startups and electric vehicles.
Hike
