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Author's Posts

Home > Posts by Ankit Agrawal

Regulators, Experts, Activists Discusses Energy Finance in India Over Two Days

August 18, 2019, Chennai: The recently concluded two-day conference on Energy Finance in India at IIT Madras witnessed enthusiastic participation from various regulators, experts, industry leaders, bankers, activists and discussion on issues related to...

Read more August 18, 2019 at 12:24 pm Ankit Agrawal

JPMorgan Chase Must Stop Financing Fossil Fuels, Demand 300 CSOs

Around 300 organisations, representing over thirty million supporters from around the world, called on the JPMorgan Chase to stop financing expansion of fossil fuels, and commit to phasing out funding of fossil fuels in...

Read more May 24, 2019 at 5:39 pm Ankit Agrawal

Over 250 CSOs Ask Governments and IFIs to Stop Funding Hydropower

“We live in an age of urgency… We cannot remain silent onlookers while corporate profiteers, financiers, and their allies peddle false solutions for addressing climate change and implementing sustainable development,” declared the joint statement...

Read more May 17, 2019 at 7:07 pm Ankit Agrawal

CSOs Criticise RBI for not having a guideline on Bank Charges

Criticising the latest Reserve Bank of India’s (RBI) annual Banking Ombudsman Report, which revealed dissatisfaction among 25 per cent customers, Financial Accountability Network (FAN India), has issued a public statement chiding RBI for being...

Read more May 10, 2019 at 11:40 am Ankit Agrawal

Over 50 Organisations From The World Ask Japan To Stop Funding Coal

In full-page advertisements in the Financial Times and Yomiuri Shimbun, Japan’s largest daily newspaper, 50 reputed organisations, working on environment and accountability related issues, from across the world have appealed to Shinzo Abe to...

Read more April 25, 2019 at 2:02 pm Ankit Agrawal

Historic Verdict On The Immunity Of IFIs Celebrated

 March 31, 2019, Mundra, Gujarat: In an afternoon with 41-degree heat, hundreds of men, women, and children from Navinal and Tagri villages of Kutch, and members from the civil society and peoples’ movements from across...

Read more April 5, 2019 at 8:10 pm Ankit Agrawal

Between 2015-2018, India Paid Around Rs 400 Crore As Commitment Charges

Answering to a question in the parliament, Pon Radhakrishnan, the Minister of State in the Ministry of Finance, revealed that between the financial year 2015-2018, India paid Rs 396.775 crore as Commitment Charges to the...

Read more February 22, 2019 at 6:37 pm Ankit Agrawal

ADB was the Biggest Lender to India in 2018

As per the Early Warning System, which collects and verify information about the proposed and existing projects, India, in 2018, had 112 active or proposed projects funded by Development Finance Institutions (DFIs). These institutions...

Read more February 8, 2019 at 8:37 pm Ankit Agrawal

Q&As on Finance in the 2018 Winter Session of the Parliament

The second half of the winter session of the parliament continued to witness the members asking government questions related to finance. Some of these questions were related to the NPAs in various sectors of...

Read more January 11, 2019 at 3:52 pm Ankit Agrawal

Q&A on Finance in the Winter Session of Parliament 2018

The first ten days of the winter session of 2018, the parliament witnessed members asking wide-ranging questions related to the finance. These questions can broadly be divided into the following categories: Demonetisation Issues related...

Read more December 21, 2018 at 12:34 pm Ankit Agrawal

Ten Years After: Financial Crisis and its Relentless Impact

India’s vulnerability stems from two sources: rapid debt expansion that has increased the volume of doubtful debt and encouraged excess debt exposure in a set of corporates. And increased exposure to dollar debt, partly...

Read more December 6, 2018 at 12:31 pm Ankit Agrawal

Pradhan Mantri Fasal Bima Yojana is a Big Scam: P Sainath

The NDA government’s Pradhan Mantri Fasal Bima Yojana (The Prime Minister’s Crop Insurance Scheme) is a bigger scam than even the Rafale scam, claimed renowned journalist and farmers issue activist P. Sainath earlier this...

Read more November 26, 2018 at 1:49 pm Ankit Agrawal

Bank Merger: Debunking the Myth of “Too Big to Fail”

New Delhi, November 3, 2018: “The Union government is pushing through the merger of Public Sector Banks (PSBs) with a misplaced notion that fewer stronger banks will be “too big to fail”. It’s ironical...

Read more November 3, 2018 at 7:46 am Ankit Agrawal

People’s Movements Challenge World Bank Immunity in US Supreme Court

October 31, 2018, New Delhi.: The Supreme Court of the United States of America heard the oral arguments in the historic case filed by the villagers from Mundra, Gujarat against the absolute immunity granted...

Read more October 31, 2018 at 7:16 am Ankit Agrawal

CSOs Applaud IFC for Excluding Coal in FI Lending

IFC will now ensure that the financing process only supports targeted areas — such as projects promoting energy efficiency, renewables, women business-owners, or small and medium-sized enterprises New Delhi: Civil society groups from across...

Read more October 21, 2018 at 12:11 pm Ankit Agrawal
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April 7, 2021 0

Reducing Rate of Interest: A Cruel Joke on Poor

On 31st, March 2021 Office Memorandum was issued as usual with the signature of Deputy Director National Savings late-night...

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April 7, 2021 0

Turbulent Weather: Airport Authority of India Strike

Just as the bank unions have called to intensify their protest action against bank privatization, multiple unions of the...

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