Three Cheers to Finance Matters!

This issue of Finance Matters marks the completion of three years since it was started.We thank you all its readers and those who contributed to it. To bring out a weekly newsletter has its own...

Read more July 4, 2020 at 11:27 am Joe Athialy

How the Govt Is Spinning Its Dysfunctional Nagpur Water Project as a Success Story

The Indian government’s PPP database indicates that infrastructure projects worth Rs 15,960.66 crore are listed under the ‘water’ sector, as of December 2019. Nagpur: The issue of water privatisation was once a hot potato...

Read more June 22, 2020 at 12:06 pm Nivedita Khandekar

Random Reflections- Bank Loans; Many a slip between the Cup and the Lip: AIMO Survey Results

All India Manufacturers’ Organisation founded by Bharat Ratna, Sir M. Visvesvaraya in 1941 represents the MSMEs in the country. With the initiative of Shri K.E Raghunathan, immediate past president of the organisation AIMO has...

Read more June 12, 2020 at 11:30 am Thomas Franco

Random Reflections- How Banks in India have contributed to Inequality?

As per Oxfam Inequality Report 2019, India’s bottom 60% have 4.8% of the wealth whereas the top 10% own 77.4% of the wealth. The bottom 60% have only 5.1% of wealth whereas the top...

अडानी पर मेहरबान शिवराज सरकार, 4 गुनी महंगी बिजली खरीदने का एमओयू कर मप्र को एक लाख करोड़ का नुक्सान पहुँचाने की तैयारी

मध्य प्रदेश सरकार ने अडानी पावर के साथ में 320 मेगावाट बिजली के पर्चेस एग्रीमेंट पर हस्ताक्षर किया है। सरकार ने इससे पहले ही 20331 मेगावाट बिजली खरीदने के पी.पी.ए. पर विभिन्न कंपनियों के...

MP govt’s power purchase agreement with Adanis at ‘highest ever contracted rate’

As many 28 civil rights and grassroots organizations, led by the National Alliance of People’s Movements (NAPM) and the Narmada Bachao Andolan (NBA) have opposed the Madhya Pradesh government for entering into an agreement...

अडानी से बिजली खरीद समझौता कर किसकी वफादारी में लगी है शिवराज सरकार

सांख्यिकी और कार्यक्रम कार्यन्वयन मंत्रालय की 2019 की रिपोर्ट के अनुसार मध्यप्रदेश मे 20331 मेगावाट बिजली उत्पादन की क्षमता पहले से ही स्थापित है और उसकी मांग 9000 मेगावाट है, तो फिर मध्यप्रदेश सरकार...

Random Reflections- Is India’s Banking Sector Moving Towards a Melt Down and Financial Collapse?

Bank’s performance is always the reflection of the country’s economy. Though results are not out for the financial year 2019-20, analysis shows that many banks will be showing a huge loss. The last quarter...

Read more May 28, 2020 at 11:19 am Thomas Franco

A Financial Package with Little Relief Contents, Govt pushes Policy Reforms which Benefits Corporates but not the People

The financial package, amounting to Rs 20 lakh Crore and claimed to be 10% of the GDP was announced by the Prime Minister with much fanfare. Yet when details were announced by the Finance...

Read more May 26, 2020 at 7:48 pm Maju Varghese

New Political and Economic Models Needed

As the humans stayed inside for close to a month and a half since the announcement of lockdown in the wake of coronavirus threat, most people observe that life seems to have start breathing...

Read more May 20, 2020 at 1:03 pm I.d Khajuria and Sandeep Pandey

Social Activists and Economists Layout Vision for a Post Covid Economy

Press Release | May 19, 2020 New Delhi: “Thinking about an Ameere Rehka (wealth line) and not a Gareebi Rekha (poverty line) is the need of the hour”, noted social activist Medha Patkar said. She was speaking at...

लॉकडाउन का फायदा उठाकर सरकार विद्युत अधिनियम में विवादस्पद बदलाव लाने कर रही पुरजोर कोशिश

लॉकडाउन का फायदा उठाकर सरकार विद्युत अधिनियम में विवादस्पद बदलाव लाने कर रही पुरजोर कोशिश टैरिफ की दर बढ़ेगी, जिसे फिर जबरन उपभोगताओं से वसूला जायेगा यह विधेयक में एक असफल सार्वजनिक-निजी साझेदारी (पी.पी.पी.)...

Aatma Nirbhar Bharat –Part III & IV & V: A Self Reliant India to be a Privatised India

As part Part III the Finance Minister announced Rs.1 lakh Cr Agri Infrastructure Fund for farm gate infrastructure for farmers. Rs.10000 Cr scheme for formalization of Micro Food Enterprises. Rs.20000 Cr for fishermen through...

Read more May 17, 2020 at 9:51 pm Thomas Franco

Breakdown of Finance Minister’s Atmanirbhar Bharat

Finance Minister gave a press statement and a document of 27 pages has been released. Everybody is hoping now for the other parts. When the economy is in crisis everyone hoped for relief package...

Read more May 14, 2020 at 1:00 pm Thomas Franco

Infrastructure boom in India: At what cost?

A study of the hidden costs involved in unplanned infrastructure boom in the Sewa Sadan locality under Mandawali area of East Delhi. INTRODUCTION At walking distance of a few minutes from the Mandawali Railway...

Read more May 13, 2020 at 1:42 am Priyali Prakash

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