Running Dry
The sudden ATM cash crunch in several States points to the government’s ham-handed approach to currency management and evokes suspicions of plans to weaken public sector banks. By PURNIMA S. TRIPATHI THE ghost of...
Ease of Doing Business and Rana Plaza Tragedy
Five years ago, on April 24, 2013, a tragedy in neighbouring Bangladesh shook up everyone. Rana Plaza, a five-storied commercial building, that housed several âsweatshopâ clothing factories, a bank and few shops, collapsed and...
The Trends in Hydro Power Financing in India
There has been a worldwide growth in hydropower development, with 31.5 GW new capacity installed in 2016. This figure includes 6.4 GW of pumped storage â nearly double the previous year â while there...
Financially inclusive India! Are we?
The 2017 Global Findex Database of the World Bank Group portrays India in a remarkably favourable light owing to the sharp increase in the number of bank account holders in the country, but the...
Three Things on ADB’s to-do List, According to Civil Society Organisations
MANILA â The Asian Development Bank will finalize its new long-term strategy in July, but Strategy 2030 still needs plenty of tweaking, according to civil society organizations present at ADBâs 51st Annual Meeting in...
Big Push for the Development of Hydropower in India
There has been a worldwide growth in hydropower development, with 31.5 GW new capacity installed in 2016. This figure includes 6.4 GW of pumped storage â nearly double the previous year â while there...
Analysing the Asian Infrastructure Investment Bank
The Third Annual Governors Meeting of Asian Infrastructure Investment Bank will be held in Mumbai, India from 24-25 June 2018. This two-year-old multilateral bank is investing in all major sectors, including energy, without...
Modi Government Wrecking Public Sector Banks and the Indian Economy
Public Statement | April 27, 2018 After Demonetisation, now the Cash Crunch in ATMs: Modi Government Wrecking Public Sector Banks and the Indian Economy A Joint Statement In the past few weeks, ATMs across...
Demonetisation, cash crunch wreck banks, economy: Experts, activists
Nearly 100 major groups and several prominent experts have attacked the NDA government for the manner in which the banks and economy are being wrecked due to the impact of demonetisation followed by the...
What You Wonât Hear at the World Bankâs Spring Meetings Next Week
The World Bank Group will host its 2018 Spring Meetings next week, bringing together representatives of governments, banking institutions, civil society, the private sector, and academics to âdiscuss issues of global concern, including the...
The World Bank and IMFâs approach to social protection
While it is generally accepted that social protection is a core public service, the design of national systems is highly contested. There are two broad camps in the debate: one regards social protection as...
CSOs Oppose AIIBâs Plan to Allow Management to Approve Projects
April 9, 2018: 62 Civil Society Groups from four continents issued a public statement to express their concern about the Asia Infrastructure Investment Bank’s (AIIB) ongoing Board meetings in which it is being proposed...
Statement from Concerned Civil Society on the AIIB’s Accountability Framework
Undermining Accountability at the Asian Infrastructure Investment Bank: AÂ Public Statement from the Concerned Civil Society on the AIIB Accountability Framework 6 April 2018 We, the undersigned civil society groups from around the world, express...
A False Debate on the Frauds and Regulations in Public Sector Banks
The war of words between the Finance Minister and RBI governor has steamed up with the Arvind Subramanian, Chief Economic Advisor, jumping in the fray attacking the Urjit Patel, RBI Governor, who commented, among...
The Privatisation of Public Sector Banks is not a Panacea
In the aftermath of the Rs. 12,000 crore fraud perpetrated by Nirav Modi, the critics of the Indian Banking system has launched into a fresh debate on the ownership structure of Indiaâs Public Sector...
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