Recapitalization or capital infusion of Public Sector Banks from budgetary allocations has been making news for the past few years on a regular basis. In August 2015, the government under its Indradhanush framework announced...
A three-day workshop on ‘Environment Social and Development Finance: Dimensions of Sustainable Energy’ was jointly organised by National Alliance of People’s Movements (NAPM), Centre for Financial Accountability (CFA), and PAIRVI in Hyderabad, with the...
OAKLAND, CA—The revelations that led to this week’s resignation of World Bank Chief Economist Paul Romer point to flawed methodology and political manipulation in the World Bank’s Doing Business report. Romer admitted that the...
The proposed FRDI Bill in its current form could impact banks in a detrimental way. The Modi-led NDA government did not have to be in the defensive many a time, in its nearly four-year...
AIBOC, NAPM, NTUI have been holding meetings in various regions as a part of the campaign to save public sector banks and to repeal FRDI Bill. As a part of this campaign, a public...
For Immediate Release The US Supreme Court is Our Last Hope to Ensure Accountability of the World Bank Group January 23, 2018, Washington, D.C. and Mundra, Gujarat: Fishing communities and farmers affected by Tata...
In a major revelation, Paul Romer, the chief economist of World Bank apologized to Chile for changes to the Ease of Doing reports methodology which conveyed the wrong impression of the business environment under...
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...
For immediate release Dishonest to say that NPA crisis is due to the default in agricultural loans: Prof. Prabhat Patnaik New Delhi, January 13, 2018: “It is incorrect to say that the rise 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...
प्रेस विज्ञप्ति गरीबी पर जुर्माना – सरकारी बैंकों द्वारा बैंक खातों में न्यूनतम राशि के अधिनियम पर रोक लगायी जाये इस हफ्ते बहुत ही चौकाने वाली बात सामने आयी है कि भारतीय स्टेट बैंक...