When the Bill for āInsolvency and Bankruptcy Code, 2016ā was passed in parliament in May 2016, it was hailed as the biggest economic reform, only next to GST, by the current government. The Insolvency...
Presently the Indian Banking is passing through a deep crisis mainly on account of mounting Non-Performing Assets, which were unfolded after the Assets Quality Inspection by the RBI at the instance of the then...
This year, the Inspection Panel, the accountability mechanism of the World Bank, is completing 25 years. The World Bankās failure to comply with its operating policies was seen by the entire world in the...
The Centre for Financial AccountabilityĀ (CFA), a New-Delhi based organisation working to strengthen and improve financial accountability within India, invites applications for the inaugural Smitu Kothari Fellowship. The Indian government, for past few decades, has...
Crisis in Public Sector Banks and Importance of Bank Unions – Prof C.P Chandrashekar
A public statement, released jointly by Soumya Dutta of the All-India Bank Officersā Confederation, Priya Dharshini of the Centre for Financial Accountability, Madhuresh Kumar of the National Alliance of Peopleā Movements, and Gautam Mody...
In the past few years, a major shift has taken place in the power sector on several fronts including environment clearance, national forest policy, coal mining regulation, power purchase agreement (PPA), fuel supply agreement...
Public StatementĀ | August 16, 2018 A Battle Won, The War Looms at Large: Statement on the Withdrawal of Financial Resolution and Deposit Insurance Bill A Joint Statement On 7th August 2018, a year...
On August 7 2018, the government officially withdrew its proposed Financial Resolution and Deposit insurance Bill (2017). This Bill aimed to redefine the regulatory framework by introducing a Resolution Corporation (RC) that would have...
After the spate of bank frauds came into the light, the parliamentarians raised this issue in the ongoing session of the parliament. Answering the question in the Lok Sabha, on July 20, 2018, on...
The Transmission System Strengthening Project is a project to expand the interstate transmission network in western and southern India. The project, partly funded by ADB and AIIB (as co-financer) along with the Power Grid...
India shows how hard it is to move beyond fossil fuels towards a renewable future. Hazaribagh, Jharkhand State DARKNESS is falling as coal starts its long, lawless journey from the pit. The first signs...
The privatisation of public sector banks has been an issue of debate for a long time. Economic experts are again talking about privatisation of public sector banks (PSBs) due to current non-performing assets (NPAs)...
For Immediate Release U.S. Government Opposes āAbsoluteā Immunity for World Bank Group in Brief to SCOTUS Washington, D.C., August 1, 2018 ā Late yesterday, the U.S. Government urged the U.S. Supreme Court to reverse...
‘God” is believed to have two strengths, viz., “he is omnipresent” and “he is the creator, reshaper and destroyer of everything around us”. “Finance Capital” is fast acquiring both these “strengths” Believers in “God”...
