Central flaw in the budget: Irrational reliance on the trickle-down theory
The Prime Minister perfectly summed up his government’s approach to the budget and the underlying economic thinking while briefing his party workers a day after the budget.
How to kill LIC -story behind IPO | The Money Trail
If a PSU is in loss, sell it; if it is earning profit, still sell it. Thus LIC, the life insurance behemoth, is going down the hammer. The sale of 5% shares is just...
Why low tax for the rich means high tax & lower Govt support for the poor
The Indian tax system has been regressive for long with direct tax contributing less than indirect tax – contrary to what happens in developed economies. It is also known that tax incentives benefit corporates...
ABG Shipyard Scam- Need for Accountability and Overhaul of the System
ABG Shipyard was incorporated on 15th March 1985 as a ship building and repair business in Gujarat with an office in Mumbai. Its Chairman as well as Managing Director is Rishi Kamlesh Agarwal and...
Nobel Prize-Winning Economist Joseph Stiglitz and Others Urge the US Supreme Court to Review World Bank Group Immunity in the Tata Mundra Finance Case
This week, prominent 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 – submitted amicus briefs urging...
केंद्रीय बजट- अमीरों को खुली बिक्री | हमारा पैसा हमारा हिसाब
केन्द्रीय बजट महामारी ग्रस्त देश को कुछ राहत नहीं दिला पाया। पर जमीन की सच्चाईयों से बहुत दूर बैठे कुछ अमीर लोगों को इस से काफ़ी मदद मिलेगी। सब नारे - वादे भुलाकर, ये...
The National Capital’s Experience with Waste to Energy
Waste to energy plants (WTEs) use waste as a fuel for generating power like other power stations use coal, oil or natural gas.
Finance, Plastics & Land: What are Plastic Parks? Inside the Assam Plastic Park
Big money is set to fuel the making of more plastics in India. The production of phenolics in India began in 1947 and the first thermoplastics (polystyrene) were made in 1957 (PlastIndia, 2019). In...
Economic Survey and Budget 2022 – Hide Facts, Tell Lies, and Provide Irrelevant Statistics
While claiming that India is number one in vaccination, the Economic Survey presents a chart of a few countries, leaving out China. To show our spending in the social sector is worthwhile, it provides...
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...
Research Associate/Assistant (National Finance Team)
We are inviting applications for the post of Research Associate/Assistant in the National Finance team. Candidates should have interest in the world of finance and public policy and with a grasp over analysing and...
445 Infra Projects Show Overruns of Rs. 4.4 trillion, 557 Delayed
Infrastructure Finance Update, January 2022 The Ministry of Statistics and Programme Implementation monitors infrastructure projects of Rs 150 crore and above. Of 1,673 such projects, 445 projects, each entailing investment of Rs 150 crore...
Union Budget- A total Sell-out to the Super-Rich | THE MONEY TRAIL
The Money Trail Union government revealing its true colours declared open allegiance with the super-rich of the country. All tax concessions for them will continue while everyone else is left in the cold. Govt...
A Peopleless Budget: Budget 2022 Analysis
The government has over the years made its priorities clear as to whose interest it serves. It is evident from the fact that the government continues with its gross underspending on key social sectors...
AIIB Reviewing Energy Strategy; ADB, its Safeguard Policies
A year ago, we welcomed 2021 with a sense of optimism that the international community will rise to the challenge of ensuring equal vaccine access to all countries, but then the second wave of...
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