Coverage Archives - Page 37 of 55 - Centre for Financial Accountability

The pandemic wreaked havoc on Pappu Singh and Sheela Devi’s family, residents of Nagla Vidhichand village situated on the Agra-Gwalior highway in the southern part of Agra district. While none of their family members fell prey to the Covid-19 infection, their five-year old daughter Sonia did succumb...

Coverage Smitu Kothari Fellowship 2021

Article

February 22, 2022

Ashish Kajla

Behind the ABG Shipyard fraud, a system that lets big firms gamble with savings of ordinary people

As the Enforcement Directorate on Wednesday registered a case of money laundering against Gujarat-based ABG Shipyard based on the complaint of the State Bank of India, the company has been described as being involved in “India’s biggest bank fraud”. The company’s chairman, Rishi Kamlesh Agarwal, was...

Coverage

Article

February 22, 2022

Joe Athialy

Book Review: How Mindless Decisions Since 2014 Worsened the Abject Economy We Inherited

It is nearly settled that the Union Budget presented early in February 2022 is clueless of the realities and apart from showing a mirage of amrit kaal (an auspicious time to begin new work) it does nothing to address the present realities. But what are the present realities...

Coverage

Article

February 22, 2022

CFA Admin

Tata Mundra: Nobel laureate, others ask US apex court to drop immunity to World Bank

Economic, legal, diplomatic and civil society experts – including Joseph Stiglitz, a Nobel Prize-winning economist, and former Vice President and Chief Economist of the World Bank – have urged the United States Supreme Court to go back to the case Budha Ismail Jam, et al v. IFC , (Tata Mundra case) ...

Coverage

Article

February 10, 2022

Ashish Kajla

GoI selling PSUs to ‘dubious’ investors amidst rising inequality, unemployment

In its reckless privatisation drive, the Government of India (GoI) is selling the Central Electronics Limited (CEL) to Nandal Finance & Leasing Private Limited, a Non-Banking Financial Corporation (NBFC) with a dubious record, owned by a furniture company, with less than 10 employees and without...

Coverage

Article

January 7, 2022

CFA Admin

Every Cloud Will Not Have A “Silver Lining”

Since 2018, we in Kerala especially those of us living in mountainous areas or the coast are afraid when clouds darken the skies and there is possibility of rains. This is because for 2 years in sequence we have faced torrential floods when dams, rivers and lakes (all water bodies ) overflow and tak...

Coverage

Article

January 5, 2022

CFA Admin

Major mismatches in SilverLine’s two feasibility reports and DPR

Estimated ridership goes up & rate of return looks rosy in DPR, raising doubts of data fudging. THIRUVANANTHAPURAM: Going by the preliminary feasibility report (PFR) prepared in March 2019, the proposed SilverLine project would draw a daily ridership of around 45,650 by 2028. Ironically, the ...

Coverage

Article

January 7, 2022

CFA Admin

Kerala’s SilverLine rail is economically unviable and threatens ecosystem

The Summary of the Detailed Project Report sheds light on how the Kerala government’s ambitious SilverLine railway corridor project is substandard, as well as ecologically and economically unviable. A media house in Kerala recently leaked the 87-page Executive Summary of the Detailed Project Repo...

Coverage

Article

January 5, 2022

CFA Admin

SilverLine DPR poses questions on viability, puts LDF on backfoot

THIRUVANANTHAPURAM: The Detailed Project Report (DPR) of the LDF government’s pet SilverLine project raises questions on its financial viability. With an estimated project cost of Rs 63,940.67 crore and completion period of five years as per the March 2020 data, the Economic Internal Rate of Re...

Coverage

Article

January 4, 2022

CFA Admin

Silver Line a gamechanger? Kerala govt bankrupt, ‘replicates’ Bullet Train project

Kerala’s flagship Silver Line project, a semi-high speed rail corridor passing through 11 districts between Thiruvananthpuram and Kasargod is not technically a “Bullet Train” like the one proposed between Mumbai and Ahmedabad, but it has got into similar controversies as the much talked about deplo...

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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.

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Coverage

The Double Whammy of Hunger and Livelihood Crises after Covid-19

Behind the ABG Shipyard fraud, a system that lets big firms gamble with savings of ordinary people

Book Review: How Mindless Decisions Since 2014 Worsened the Abject Economy We Inherited

Tata Mundra: Nobel laureate, others ask US apex court to drop immunity to World Bank

GoI selling PSUs to ‘dubious’ investors amidst rising inequality, unemployment

Every Cloud Will Not Have A “Silver Lining”

Major mismatches in SilverLine’s two feasibility reports and DPR

Kerala’s SilverLine rail is economically unviable and threatens ecosystem

SilverLine DPR poses questions on viability, puts LDF on backfoot

Silver Line a gamechanger? Kerala govt bankrupt, ‘replicates’ Bullet Train project

The Double Whammy of Hunger and Livelihood Crises after Covid-19

Behind the ABG Shipyard fraud, a system that lets big firms gamble with savings of ordinary people

Book Review: How Mindless Decisions Since 2014 Worsened the Abject Economy We Inherited

Tata Mundra: Nobel laureate, others ask US apex court to drop immunity to World Bank

GoI selling PSUs to ‘dubious’ investors amidst rising inequality, unemployment

Every Cloud Will Not Have A “Silver Lining”

Major mismatches in SilverLine’s two feasibility reports and DPR

Kerala’s SilverLine rail is economically unviable and threatens ecosystem

SilverLine DPR poses questions on viability, puts LDF on backfoot

Silver Line a gamechanger? Kerala govt bankrupt, ‘replicates’ Bullet Train project

CFA