More than 100 civil society organisations and individuals — including Medha Patkar of Narmada Bachao Andolan, Shaktiman Ghosh of the National Hawkers Federation, Thomas Franco, former General Secretary of the All India Bank Officers...
When the RBI announced recently that its Financial Inclusion Index had jumped from 64.2 to 67 this year, celebrating “significant improvement,” it painted a rosy picture that masks a troubling reality. The Department of...
The National Public Hearing on Rising Indebtedness of Women and MFI Loot, convened by the All India Democratic Women’s Association, on 23-24 August 2025 at New Delhi highlighted the failure of the Government of...
A new nationwide survey has laid bare the dark side of India’s microfinance boom. Conducted by the All India Democratic Women’s Association across 15 states, the study of 6,685 women shows how non-banking finance...
The Statement of the Peoples Commission on Public Sector and Public Services has declared that the BULA Bill fails to rein in predatory lending activities.The summary of the statements is given below: The Department...
The people for whom such micro-credits become a lifeline are those who are not considered credit worthy by the formal banking system. ‘These are the people for whom such micro-credits become a lifeline as...
History shows that in primitive society there was no money lending and people shared their natural resources. In India, the concept of lending has been recorded during the Mauryan age, i.e., 321–185 BCE. Kautilya’s...
In effect, India’s tax system mimics advanced economies in numbers but lacks the redistributive structure of the progressive nations.The World Economic Forum (WEF) has described severe income inequality as the biggest risk facing the...
देश के 15 प्रतिशत भूखंड में आदिवासी समूह रहते हैं।वन, खदान, बांध आदि परियोजनाओं ने आदिवासियों के जीवन व जीविका को काफी प्रभावित किया है।58 आदिवासी बहुल जिलों में 67 प्रतिशत से अधिक जंगल...
As the Reserve Bank of India celebrates the “resilience” of India’s financial system in its latest Financial Stability Report (June 2025), this briefing cuts through the celebratory tone to examine the deeper, often concealed,...
As the DFS gears up for its stock-taking meet, it must recall that true financial inclusion needs more public sector bank branches and staff. It appears that a major stock-taking and brainstorming is being organised by...
In the context of an accelerating ecological crisis, the fourth webinar in the Political Economy of the Trump Era series, examined how climate collapse is being politically manufactured, seen most visibly through the return...
India’s rising unemployment continues to cast a shadow over its much-touted economic ascent, with official data revealing that the jobless rate climbed to 5.6% in May 2025 from 5.1% the previous month. The worrying...
After nationalisation of 14 banks in 1969 and 6 more in 1980, access to credit became possible for small borrowers. But everything changed after 1991 and worsened after 2014. Please refer to tables from...
Increased frequency of climate-related extreme events in the Himalayan region is leading to project delays and losses as well as cost overruns. The challenge confronting India’s massive financial sector is whether it will be...
