Over fifty renowned economists, academics and development experts from across the world recently wrote to the Executive Board of the International Monetary Fund to express concern over the IMF “independent” evaluation of The IMF and social protection,...
Burdened with the ever-increasing non-performing assets (NPAs) and saddled with its provisioning, it is common knowledge now that Public Sector Banks (PSBs) have suffered enormous losses and thus, are in a crisis. The current...
Representatives from civil society organizations from all over the world have written a letter this week to the AIIB, drawing urgent attention to rising concerns of AIIB’s investments through Financial Intermediaries (FIs). This is in...
भारत की पावर कम्पनियो को मिला जनवरी 2014 से सितम्बर 2017 के बीच 3.79 लाख करोड से भी अधिक का कर्ज। विदेशी व्यवसायिक बैकों ने भारत की पावर कम्पनियो मे किया 84,206 करोड का...
Several UN human rights experts last month wrote an open letter to the Executive Board of the International Monetary Fund to express their dismay about the general approach of the IMF to social security reforms that has...
Concerned citizens are drawing the attention of the members of the Parliament towards serious implications of the Financial Resolution and Deposit Insurance (FRDI) Bill 2017 on the individual depositors and the banking sector at...
On November 1st, 2017 India witnessed one of the largest boiler accidents in recent times. An NTPC plant originally supported by Asian Development Bank met with an accident in their newly built unit. As...
There was jubilation in the government as the Ease of Doing Business ranked India in the 100th spot, 30 points ahead from last year which is supposed to be the biggest jump by any...
The World Bank has spent the past four years overhauling the rules it applies to prevent or mitigate social and environmental harm from the development projects it finances. But human rights are all but...
In the times of big surprises in the economic and political decisions of the country, is Universal Basic Income (UBI) the next big surprise? A series of statements by key policymakers of late seem...
A recent article on the much-acclaimed accountability mechanism of World Bank, the Inspection Panel (IP), indicates that all is not well with it and it could get its wings clipped. The discussion on the...
In a paper that Desmond Fernandes and I wrote in the late 1990s, entitled “Deep Politics, Liberalisation and Corruption: The Mangalore Power Company Controversy”, a paper that exhaustively discussed implications to India due to...
Hailed as a “big-bang move” by bankers, the government’s plan to recapitalise public sector banks with Rs 2.1 lakh crores is deemed to hold magical powers that will help turn around their financial situations....
World Bank’s Chief Economist Ejaz Ghani recently advocated for the large-scale infrastructure investment mentioning that Golden Quadrilateral project has given a massive boost to manufacturing activity and productivity in districts located within 10km of...
Financial Analysis of the Blue Economy: Sagarmala’s Case in Point by Dr Himanshu Damle of Public Finance Public Accountability Collective, New Delhi and could be reached at himanshudamle@pfpac.net The article was originally published here in...
