India’s state bankers strike against Modi reform plans

India’s state bankers strike against Modi reform plans

Benjamin Parkin, Financial Times – 15 March 2021

Across India, public sector bank workers are striking in protest of Modi’s plans to sell two state lenders to raise funds for Covid-19 economic recovery and reform the banking sector. However, economists worry that opening up this sector to corporate influence could give business chiefs too much control over other economic sectors.

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