In 1994, the New York Times described the World Bank and International Monetary Fund (IMF) as “overlords of Africa” and ostensibly so the bankers have indeed become overlords of the global south since the globalisation...
On their 80th birthday, the colonial legacies of the World Bank (collectively for the IBRD – International Bank for Reconstruction and Development and the IDA – International Development Association) and the International Monetary Fund...
The 80th anniversary of the World Bank is a good time to bury the arguments in favor of reforming the institution and strengthen the demand for radical restructuring. The past eight decades did not...
The Centre for Financial Accountability, a New Delhi-based organisation working to strengthen and improve financial accountability within India, invites students and researchers to participate in an essay competition on the topic of Interrogating the...
A hundred days isn’t really enough to evaluate the policies of a regime pertaining to finance and economy, but it is enough so far as to get the drift. And an overview of the...
A new ecosystem based on loan apps has mushroomed across India’s financial landscape over a decade, preying on those abandoned by the formal banking sector. The Reserve Bank of India (RBI) recently imposed a...
Since the pandemic, the gap between rich and poor Indians has never been more evident. But inequality was never a public concern – until now. For much of the first half of the year,...
For a long time, India has been advocating for the end of unsustainable use-and-throw economy. However, in a case of mismatch between its words and action, about 79% of the budget allocated for the...
देश आजादी के बाद समाजवादी आर्थिक - सामाजिक व्यवस्था की स्थापना के लिए संकल्प लिया था। इस संकल्प को पूरा करने संविधान निर्माता भीमराव आंबेडकर ने इसे संविधान के प्रस्तावना में स्थान दिया।
The Rashtriya Rail Sanraksha Kosh (RRSK), established to enhance safety measures, has been abused for unnecessary purchases like foot massagers and furniture instead of essential safety upgrades.
Leaving people in the lurch is not a new thing for the Modi government. If people have not understood this, it is clearly their fault, they had 10 years to do so.
This budget is the last chance for course correction for the Modi regime. It is going to be a test of who the government sides with, the 90% citizens of the country or the...
Revival of an anti-migrant Bill smacks of hypocrisy, with both Congress and BJP forgetting lessons from the pandemic exodus. The onset of the COVID-19 pandemic and the consequent unplanned lockdown announced in India, saw...
The second edition of the State of Finance in India Report was released in November 2023. It is a first of its kind that expands the domain of finance and economics beyond the confines...