The Numbers Behind the ‘Record Recovery’
The claim that there has been a record recovery may seem correct on paper. Comparing the figures for growth in quarter ending in June 2021 - 22 with June 2020-21 there is a 20.1%...
Case of Air India- Wilfully destroyed & now privatised!
Post-Independence, there was reluctance to nationalise the various private airlines that were running very inefficiently. In 1950, an Air Transport Inquiry Committee (headed by Justice G.S. Rajyadhaksha) was appointed which went into a detailed...
What lies at the end of this pipeline?
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...
RBI’s “Consultative Document on Regulation of Micro-Finance” Part -2
RBI vide its June 14, 2021 press release has issued a 30 page “Consultative Document on Regulation of Microfinance” (henceforth “Document”) seeking comments from public at large.
Corona Uncovering the Cracks in Capitalism
The COVID-19 corona epidemic that has taken over 16,99,019 lives all around the world has undoubtedly been a disaster with no parallels in modern history. Political and social analysts describe this pandemic as the...
Catering to Finance alone can not qualify India as Democracy
Budget placed in the Indian Parliament on 1st February fails to send out a long due message to the stagnating Indian economy. This is by failing to announce policies for a possible recovery of...
Snippets from the World of International Finance
Government prepares for more reforms to ensure India comes in the top 50 in ease of doing business rankings India currently occupies 63rd position in the rankings of the World Bank in doing business....
Small Finance Banks Are Squeezing the Common Man: CP Krishnan
“Modi government has granted licenses to 20 small finance banks. The successive central governments have undermined the significance of the public sector banks. Granting license to small finance banks is to...
Indian Economy In Deep Troubles: Stock-taking of the Previous Financial Year
The Financial Year 2018-19, which recently ended, proved to be the most challenging year for the financial world. The first and foremost challenge was the introduction of the Financial Regulatory and Deposit Insurance Bill...
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...
कैसे बैंक हमसे हमारी बचत के पैसे लूट रहे हैं?
भारतीय बैंकिंग क्षेत्र एक लंबे और गंभीर संकट के दौर से गुजर रहा है। बुरे ऋण बढ़ रहे हैं और बैंक घटते मुनाफे के साथ कम-पूंजीकृत हो रहे हैं। नतीजतन, साख वृद्धि थम सी...
How Banks Are Stealing Our Savings?
The Indian banking sector is under a prolonged and severe crisis. Bad loans continue to grow and banks remain under-capitalized with profits in the red. As a result, credit growth remains muted, reinforcing the...
Public Money: Resistance Against Arbitrary Bank Charges
Banks act as financial intermediaries between depositors and borrowers. It is the public money, deposited in the form of term deposit (fixed deposits) and time deposit (saving accounts) which banks use for lending to...
बुकलेट: तीसरे चरण के बाद दिल्ली मेट्रो का वित्तीय विश्लेषण
कैंब्रिज के अर्थशास्त्री, हा-जून चांग का मानना है कि ‘अर्थशास्त्र का 95 प्रतिशत सिर्फ सामान्य समझ है, जिसे गणित और भारी-भरकम शब्दावली का प्रयोग करके मुश्किल बनाया जाता है।’ इससे हम समझ सकते हैं...
Financing For A Robust Energy Regime In India
Along with the unbridled sanctioning of the flow of foreign funds to the country’s energy sector in the bid to be a major driving force in the global energy market (which falters often on...
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