How Banks Are Stealing Our Money

The Indian banking sector is under a prolonged and severe crisis. Bad loans continue to grow and banks remain under-capitalized with profits in the red. As a result, credit growth remains muted, reinforcing the...

कैसे बैंक हमसे हमारी बचत के पैसे लूट रहे हैं?

भारतीय बैंकिंग क्षेत्र एक लंबे और गंभीर संकट के दौर से गुजर रहा है। बुरे ऋण बढ़ रहे हैं और बैंक घटते मुनाफे के साथ कम-पूंजीकृत हो रहे हैं। नतीजतन, साख वृद्धि थम सी...

Read more June 5, 2020 at 12:37 am Amit Kumar

Random Reflections- How Banks in India have contributed to Inequality?

As per Oxfam Inequality Report 2019, India’s bottom 60% have 4.8% of the wealth whereas the top 10% own 77.4% of the wealth. The bottom 60% have only 5.1% of wealth whereas the top...

Unnecessary during crisis, Madhya Pradesh Govt’s Power Deal with Adani

Click here to read the full article published in Gawdwana Samay.

अडानी पर मेहरबान शिवराज सरकार, 4 गुनी महंगी बिजली खरीदने का एमओयू कर मप्र को एक लाख करोड़ का नुक्सान पहुँचाने की तैयारी

मध्य प्रदेश सरकार ने अडानी पावर के साथ में 320 मेगावाट बिजली के पर्चेस एग्रीमेंट पर हस्ताक्षर किया है। सरकार ने इससे पहले ही 20331 मेगावाट बिजली खरीदने के पी.पी.ए. पर विभिन्न कंपनियों के...

MP govt’s power purchase agreement with Adanis at ‘highest ever contracted rate’

As many 28 civil rights and grassroots organizations, led by the National Alliance of People’s Movements (NAPM) and the Narmada Bachao Andolan (NBA) have opposed the Madhya Pradesh government for entering into an agreement...

अडानी से बिजली खरीद समझौता कर किसकी वफादारी में लगी है शिवराज सरकार

सांख्यिकी और कार्यक्रम कार्यन्वयन मंत्रालय की 2019 की रिपोर्ट के अनुसार मध्यप्रदेश मे 20331 मेगावाट बिजली उत्पादन की क्षमता पहले से ही स्थापित है और उसकी मांग 9000 मेगावाट है, तो फिर मध्यप्रदेश सरकार...

संकट के समय गैर जरूरी है मध्य प्रदेश का अडानी से बिजली खरीद समझौता

देश और दुनिया कोरोनावायरस महामारी के इस सकंट को फैलने से बचाने मे लगे है। लाखों मजदूर भुखे और प्यासे पैदल आपने गाँवों की और लौट रहे है। यह कहना भी असंगत नहीं होगा...

The greatest shame inflicted on poor people of the country was by PM Narendra Modi: Veteran Trade Unionist D. Thankappan

Press Release | May 29, 2020 New Delhi: Leading trade unionists were univocal in their assertion that despite labour is extremely important within the mechanism of wealth creation, labour rights continue to be ignored....

Re-imagining the Future: SESSION -4; Asserting Livelihood with Dignity-2: Re-Visioning Traditional Knowledge, Artisanal Livelihood & Practices

Webinar: RE-IMAGINING THE FUTURE: PEOPLES’ AGENDA FOR A POST COVID ECONOMY Topic: Asserting Livelihood with Dignity-2: Re-Visioning Traditional Knowledge, Artisanal Livelihood & Practices Speakers: Ambika Das; Omon Mahila Sangathan, Mohan Rao; National Federation of Handlooms &...

Random Reflections- Is India’s Banking Sector Moving Towards a Melt Down and Financial Collapse?

Bank’s performance is always the reflection of the country’s economy. Though results are not out for the financial year 2019-20, analysis shows that many banks will be showing a huge loss. The last quarter...

Read more May 28, 2020 at 11:19 am Thomas Franco

India Tops G20 Governments as Third Largest Supporter of Coal

Press Release | May 27, 2020 New report updates analysis of public financing for energy projects To view or download the full report: http://foe.org/wp-content/uploads/2020/05/2020.05.26_Still-Digging-report_final.pdf WASHINGTON, D.C. / New Delhi – A new report released...

STILL DIGGING: G20 GOVERNMENTS CONTINUE TO FINANCE THE CLIMATE CRISIS

In 2015, governments around the world committed to hold global warming to well below 2 degrees Celsius (°C) and to strive to limit warming to 1.5°C by adopting the Paris Agreement. This analysis shows...

A Financial Package with Little Relief Contents, Govt pushes Policy Reforms which Benefits Corporates but not the People

The financial package, amounting to Rs 20 lakh Crore and claimed to be 10% of the GDP was announced by the Prime Minister with much fanfare. Yet when details were announced by the Finance...

Read more May 26, 2020 at 7:48 pm Maju Varghese

‘Strengthen Traditional Practices and Livelihoods’ Activists Demand, for a Post Covid Economy

Press Release | May 26, 2020 New Delhi: Social activists and grassroot leaders unanimously contended that in rejuvenation of small-scale traditional industries lies a huge potential for strengthening of the domestic market and generation...