Notes on RCEP
It would be politically naive to suggest that India should not join any international trade block. What is important is whether India is joining any such initiative with the position of strength and whether...
Random Reflections: Losing Faith in the Banking System is Dangerous
More than a month of waiting for 16 lakh depositors is leading to a dangerous position of loss of faith in banks. The Cooperative banks have more than 13 crore small depositors. RBI has...
Random Reflections: What next in Banking Sector? Will the Trade Unions work together?
On 22nd Oct, AIBEA and BEFI went on strike against merger of Banks. Did anybody care? Sad that all Unions and Associatious objecting merger did not fight together. The Banking Sector Trade Unions in...
People over business – Why Ease of Doing Business hurt people and environment
In the last week, we saw two indices, which were released globally. One on hunger and another on Ease of Doing Business. India slipped from 95th position to 102nd position out of 117 countries...
AIIB’s newly wrapped ESG investments
AIIB’s newly wrapped ESG investments: Asia ESG Enhanced Credit Managed Portfolio Project After fifty investments being approved and many more in pipeline, along with much criticism against India’s Infrastructure Fund , National Infrastructure Investment...
Dialogue with Communities Affected by Thermal Power Plants in Madhya Pradesh
In the last week of September 2019, as part of a team I attended a programme taking place in the village Bhumka in Sidhi District in eastern Madhya Pradesh. Sidhi is a neighbouring district...
बिजली क्षेत्र में वित्तीय अनियमितताऐं जनता की जेब पर भारी
मध्यप्रदेश में बिजली के बढते वित्तीय घाटें जनता की जेब पर भारी पड रहे है। हाल ही मे म.प्र. पॉवर मैनेजमेन्ट कंपनी व अन्य कम्पनियों द्धारा टेरिफ बढाने हेतु एक याचिका आयोग के समक्ष...
Is PMC fraud an isolated event or a Systemic Failure?
On 24th September the depositors of the Punjab and Maharashtra Cooperative (PMC) Bank, woke up to the RBI directive that they are allowed to only withdraw Rs. 1000 from their accounts for the next...
The Accountability of Climate Crisis also Lies with the Financial System
‘We are in the beginning of a mass extinction, and all you can talk about is money and fairy tales of eternal economic growth – how dare you!’ These are the words of young...
AIIB’s Opaque Policies Under the Garb of Green Investments
AIIB has come under severe criticism over its opaque policies with regards to Financial intermediary (FI) investments as well as its over-reliance on and delegation of power to the FI client. AIIB currently has...
Kashmir and its Economic Servitude
Lockdowns and curfews have been the most commissioned procedure by the Indian state to regulate and manage resistances all over the country. Kashmir has been the epicentre of such a monopolisation of public spaces...
MASS & CFA Awarded Chico Mendes Award 2019
Machimar Adhikaar Sangharsh Sangathan (MASS) and Centre for Financial Accountability (CFA) get Chico Mendes Award 2019 Statement by CFA It’s an honour to be selected for the Chico Mendes Award 2019, shared with Machimar...
Private Finance in Infrastructure Development in India
In the past several years, infrastructure has become a focus sector in the Indian economy as it is expected to boost overall development. Infrastructure continues to attract attention not only from the government but...
Snippets from the World of National Financial Institutions – September, 2019
Rs. 1.76 lac crore from RBI’s reserve fund transferred to Central Government RBI central board accepted the recommendations of the Jalan Committee – formed last year to review the economic capital framework for RBI’s reserved funds...
Organisations from 15 countries approach IOC to Prioritize Climate Action
As leaders of the UNFCCC’s Sports for Climate Action Framework prepare to gather at the International Olympic Committee’s headquarters in Lausanne on September 18th, 25 civil society organizations from 14 countries have written to...
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