Even in the case of banks adopting the IRB approach, most of their SME customers are expected to derive some benefit either from the firm-size adjustment for corporate exposures or from the generally lower risk-weight function for retail exposures. Increased disclosure under Pillar III is expected to strengthen market discipline by increasing transparency.
Today, we are a food surplus country and a net exporter of many agriculture and allied products. This requires the government policies related to agriculture to be shifted from that of managing food scarcity to managing food surplus. Today, agriculture in India faces an even more demanding challenge: to grow agri-produce sustainably, inclusively and responsibly.