Indian Economy Archives - Page 25 of 37 - Centre for Financial Accountability

After demonetisation on November 8, 2016, seeing the anger of the people, on Nov 13 PM Modi in an emotionally choked speech in Goa said “I have asked the country for just 50 days. If after December 30, there are short comings in my work or there are mistakes or a bad intention found in my work, I w...

Indian Economy Random Reflections

Article

November 1, 2020

Mir Jalal

The Curious Case of PM CARES

A pandemic like crisis naturally demands meticulous care, absolute impartiality and sheer stainless character in action. However even in this hour of peril the ruling party stooped further low by refusing to rise above pity politics and continuing with expanding its boundaries of authoritarianism. ...

Indian Economy

Article

October 18, 2020

Thomas Franco

Random Reflections— Whom are you fooling Finance Minister?; You are actually opening a Pandora’s Box

On 12th October, the Finance Minister told the media that she is announcing a package to boost demand. What is the Package? The package includes Rs.10000 Festival advance to central government employees, LTC cash voucher, interest free loans to few states and increase in capital expenditure ...

Indian Economy Random Reflections

Article

October 9, 2020

Thomas Franco

Random Reflections— Indian Railways Moving Mountains Belongs to People not Modiji

Narendra Modi, Prime Minister made a public statement in 2014 that the public sector was born to die. He also stated that it should either be allowed to die or should be privatised. Now the government is on a privatisation spree. In the case of railways, catering has been privatised leading to pric...

Indian Economy Random Reflections

Article

October 2, 2020

Thomas Franco

Random Reflections- Future of Indian Economy & Banking

The economy world over has been affected which has never happened at this scale. World Bank report of June predicted that 71 million to 100 million people will move towards extreme poverty of less than $1.90 at 2011 prices. A detailed study of the United National covering 70 countries predic...

Indian Economy Random Reflections

Article

September 28, 2020

Thomas Franco

Random Reflections— Narasimham Committee to Kamath Committee- Restructuring Loans or Restructuring of Banks?

From the day banking started, bankers always had a plan for handing loans going bad. Banking says giving loans has a credit risk due to various reasons. Banks become a partner to the borrower when they provide loans and when the units are not doing well, they collaborate to find out reasons and sug...

Indian Economy Random Reflections

Article

September 26, 2020

Devidas Tuljapurakar

SAVE PUBLIC SECTOR CHARACTER OF IDBI

TO PROTECT HARD EARNED SAVINGS OF THE COMMON MAN ORIGIN OF DEVELOPMENT BANKING Historically, the idea of establishing special institution for the provision of finance for industry was put forth in strong terms, as far back as 1931, by the Central Banking Enquiry Committee. The Committee recom...

Indian Economy National Financial Institutions

Article

September 20, 2020

Mir Jalal

Under the cover of Covid, Govt plans to feed the farm sector to Corporates

Framers from the heart of green revolution states are on the roads facing the wrath of police lathis in midst of a pandemic. Numbered in thousands these distressed farmers are vociferously resisting against the three controversial ordinances brought by the current regime. They are: Farmers’ P...

Blog Indian Economy

Article

September 19, 2020

Thomas Franco

New Priority Sector norms – Favouring Rich and fleecing the poor

The Reserve Bank of India has released revised priority sector norms. A closer look shows how the government and RBI are tweaking the norms to favour the rich and fleece the poor. Already the norms have been diluted over a period of time by changing the criteria. In agriculture, allied activitie...

Indian Economy Random Reflections

Article

September 8, 2020

Thomas Franco

Random Reflections- Is State Bank of India going to be privatised first?

The government is in a privatisation spree in spite of wide spread opposition. The RBI, Niti Ayog (Aniti Ayog) and Finance Ministry are used to give confusing signals. While a RBI Dy. Governor demands reduction of government share holding in public banks to 26%, Niti Ayog suggests privatising few b...

Indian Economy Random Reflections

Article

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Centre for Financial Accountability (CFA) aims to bring in accountability in financial institutions who lend money to development projects, through research and campaigns.

Categories

Indian Economy

Random Reflections- Demonetisation – The cruel joke on the People

The Curious Case of PM CARES

Random Reflections— Whom are you fooling Finance Minister?; You are actually opening a Pandora’s Box

Random Reflections— Indian Railways Moving Mountains Belongs to People not Modiji

Random Reflections- Future of Indian Economy & Banking

Random Reflections— Narasimham Committee to Kamath Committee- Restructuring Loans or Restructuring of Banks?

SAVE PUBLIC SECTOR CHARACTER OF IDBI

Under the cover of Covid, Govt plans to feed the farm sector to Corporates

New Priority Sector norms – Favouring Rich and fleecing the poor

Random Reflections- Is State Bank of India going to be privatised first?

Random Reflections- Demonetisation – The cruel joke on the People

The Curious Case of PM CARES

Random Reflections— Whom are you fooling Finance Minister?; You are actually opening a Pandora’s Box

Random Reflections— Indian Railways Moving Mountains Belongs to People not Modiji

Random Reflections- Future of Indian Economy & Banking

Random Reflections— Narasimham Committee to Kamath Committee- Restructuring Loans or Restructuring of Banks?

SAVE PUBLIC SECTOR CHARACTER OF IDBI

Under the cover of Covid, Govt plans to feed the farm sector to Corporates

New Priority Sector norms – Favouring Rich and fleecing the poor

Random Reflections- Is State Bank of India going to be privatised first?

CFA