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...
Every morning, when we turn the pages of the newspaper, we get a glimpse of a rather grim future.we turn the pages of the newspaper, we get a glimpse of a rather grim future....
Industrialists will only invest when it they see returns and it makes business sense. In Kishkinda Kanda, the fourth book of the epic Ramayana, the wise Jambavan reminds Hanuman of his own strength. As...
While it targets welfare schemes, the Union government has also written off crores in outstanding loans for India’s rich and given huge corporate tax rebates.
The report seems to only focus on guilt tripping the judiciary by mechanistically enumerating immediate economic losses owing to the stalling and closures effected by rulings. It is symptomatic of the urge of the...
We witnessed an infantile jubilance on the part of the government since last year about a “record recovery” from the pandemic. Finance Ministry’s report claimed that armed with necessary macro and micro growth drivers, India...
In pursuance of its policy of monetisation of national assets, the government earlier this month approved the setting up of the National Land Monetisation Corporation (NLMC). It would be a government-owned company with the...
The Russian belligerence and the unfolding war has led to an immense humanitarian crisis and the sanctions, while purportedly aimed at hurting the government of the aggressor, also have the potential of causing immense...
In August 2021 the NDA government unveiled its grand design to put chunks of the nation’s public assets on lease for private profits. The plan has been named the National Monetization Pipeline, the idea...
In her last budget speech in 2021, the Finance Minister declared the government's disinvestment plans for the Life Insurance Corporation of India (LIC). Already, amendments to the LIC Act have been made to set...
“Chile was the birthplace of neoliberalism, and it shall also be its grave!” said Gabriel Boric, a young student leader from the radical fold who was forged in the protests that has rocked Chile...
Disinvestment entails the government selling an asset, in part or full. By the term “monetization” the government is claiming to retain ownership while offering the asset to private players for investment and operationalization. The...
