Tamilnadu Economic Survey and Budget
A model for the country and other states! We have seen many Union Economic Survey and Budget as well as State Budges. Kerala Budget especially by Dr. Thomas Issac used to have innovations and...
Income Tax Bill – Opportunities Ignored – Weapons Sharpened
The Income Tax Bill 2025 was a great opportunity to bring real changes to the tax system of the country. The top taxpayers in the country are actors and not the corporate richest and...
An appeal to SuPer SBI from a Common Citizen
SBI, the 218-year-old bank, the largest in the world in terms of number of branches and customers, which is a leader in housing loans, education loans, and many such areas, is conducting a massive...
Banking Sector under severe stress. Strike by all employees on March 24 & 25. Why?
The United Forum of Bank Unions (UFBU) has started an agitation programme with a massive demonstration across the country on 14 February 2025 (Photos).
Budget 2025 – rhetorics repeated
Slogans modified. No efforts to revive the Economy. In a surprise, Dr. Ananda Nageswaran, Chief Economic Advisor, with his team of more than 150 people, produced an Economic Survey 2025 with certain critical comments....
Development of Local Economy by Grassroots Organizations – An Experience from the South
The entire economy of the country is under stress today. Unprecedented unemployment, lack of support for micro enterprises, communal tensions, lack of markets for produce, intermediaries taking a major share of the profit, erosion...
The Finance Minister has a great opportunity to amend the tax structure. Will she do it?
Peoples Commission on Public Sector and Public Services has issued a statement on tax structure which the Finance Minister should look into. All over the world there are changes proposed in the tax system...
The Dangers of Neo-Banking, Fintechs, and the Inactiveness of the RBI
I remitted some money using GPay recently. There were many people with the same name, and erroneously the money went to the wrong account of one Arjunan. When the actual Arjunan to whom the...
Few Questions to the Finance Minister
Few of the Trade Union representatives from the Banking Industry met the Leader of the Opposition with certain demands on the Banking Sector. This came out on Social Media, and the Finance Minister, in...
A Government without Accountability? Is it a death of Democracy already?
“Democracy is by the people, for the people, and of the people.”-Abraham Lincoln, 16th President of the USA (1861-65) We claim to be the largest democracy. Are we? Two latest developments raise this question....
Eight Years of Demonetisation – More Black Money, More Fake Currency, More Corruption, More Terrorism, and More Cash in Circulation
On November 8, 2016, the Prime Minister announced the withdrawal of ₹500 and ₹1000 currency notes.
Loan Waiver to People Affected by Disaster – Wayanad and Beyond: Is it a Just Demand?
Random Reflections The government and banks, which write off crores of depositors’ money to benefit the wealthiest, make a hue and cry when farmers or disaster-affected people demand loan waivers. Disasters occur frequently across...
The Government saving Madhabi or Adani
A sitting minister in Singapore, Eswaran, has recently been sent to jail to serve a one-year term on corruption charges involving acceptance of a golf set, tickets to attend an expensive show, etc. Can...
Ministry of Finance Responds to MUDRA Loan Article
In response to the article published in Finance Matters last week, titled “MUDRA loan numbers – Biggest jumla by the Finance Minister” by Mr. Thomas Franco, Ministry of Finance & Corporate Affairs through their...
MUDRA loan numbers – Biggest jumla by the Finance Minister
In a recent interview with the press in the industrial town of South India, Coimbatore, the Finance Minister clarified to Mr Sundarraman, a reporter from The Indian Express, that according to the bank’s data...
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