The proposed FRDI Bill will make the recovery of Indian economy impossible “If demonetisation imperilled Indian economy in the short term, GST did it for the medium to long term, but with the implementation...
For immediate release Civil Society Organisations approach World Bank’s Board on the irregularities in Amaravati Capital City Project November 28, 2017, New Delhi: Social Activist Medha Patkar, Former Power Secretary Dr. EAS Sarma, Goldman Prize...
November 27, 2017 To The Executive Directors, The World Bank Washington DC Dear Executive Directors, We, the representatives of people’s movements, civil society organisations, and concerned citizens, write to the Board of...
Five years ago, the All India Bank Officers’ Association, presented a presentation to our Bank Management titled NPA-Never Permit an Avalanche. This helped a lot to reduce NPAs of smaller amount but the large...
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....
This year, the G20 Finance Ministers and Central Bank Governors’ Meeting on October 12-13 overlapped with the IMF-World Bank annual meeting on October 13-15 in Washington, DC. As of December 1, 2017, Argentina becomes...