The 80th anniversary of the World Bank is a good time to bury the arguments in favor of reforming the institution and strengthen the demand for radical restructuring. The past eight decades did not...
A new ecosystem based on loan apps has mushroomed across India’s financial landscape over a decade, preying on those abandoned by the formal banking sector. The Reserve Bank of India (RBI) recently imposed a...
Waste-to-energy (WTE) plants, which are touted as the ‘magic solution’ to solve the solid waste management crisis in the city, are not all that safe for environment and public health, say activists from some...
Since the pandemic, the gap between rich and poor Indians has never been more evident. But inequality was never a public concern – until now. For much of the first half of the year,...
For a long time, India has been advocating for the end of unsustainable use-and-throw economy. However, in a case of mismatch between its words and action, about 79% of the budget allocated for the...
A coalition of 174 civil society organisations, networks, and activists has written to the World Bank’s board of directors, urging them to reject funding for four waste-to-energy (WTE) incineration projects proposed by Abellon Clean...
The Rashtriya Rail Sanraksha Kosh (RRSK), established to enhance safety measures, has been abused for unnecessary purchases like foot massagers and furniture instead of essential safety upgrades.
One in three plastic generators in Tamil Nadu does not recycle plastic waste according to govt-mandated norms. Despite a Feb 2022 Union govt rule for all plastic waste generators to recycle their waste under...
Leaving people in the lurch is not a new thing for the Modi government. If people have not understood this, it is clearly their fault, they had 10 years to do so.
The Reserve Bank of India released a new draft of the project finance framework in May. To address risks and impacts, it must integrate social and environmental considerations, writes the author of this commentary.
Despite this significant increase, the proportion of the total railway budget allocated to safety has remained stagnant and even declined since 2018-19 when measured as a percentage of total railway expenditure. While it may...
The skewed trend of individual income tax payers contributing more to the union government’s coffers than corporates has its basis in the tax break given to corporates five years ago. The Budget at a...
As the country gears up for the presentation of the Budget for the financial year (FY) 2024-25, the economic survey for 2023-24, tabled by Union finance minister Nirmala Sitharaman is key to understanding what...