A public statement, released jointly by Soumya Dutta of the All-India Bank Officersâ Confederation, Priya Dharshini of the Centre for Financial Accountability, Madhuresh Kumar of the National Alliance of Peopleâ 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...
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 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)...
Last week, according to the media reports, the board of the Insurance Regulatory and Development Authority of India (IRDAI) approved public-owned Life Insurance Corporationâs (LIC) proposal to increase its stake in the troubled public...
A year back when we started our weekly newsletter Finance Matters, what we intended was to bring together the news and analysis from the world of finance, in a form and language comprehensible to...
Financial analyst and journalist Sucheta Dalal said that the Indian banking system is at the verge of crisis, reeling under the mounting bad loans, caused by unfettered corporate loans. Referring to governmentâs announcement in...
The Centre for Financial Accountability said coal received $9.4bn last year, compared to clean technologies receiving $3.5bn Indiaâs public-owned banks and finance groups lent more money to coal projects than renewables in 2017. Thatâs according...
June 19, 2018 – A new analysis of energy project lending shows that majority of government owned banks and financial institutions continued to fund coal projects in 2017. The same analysis also reveals private...
This report identified and reviewed project finance lending to 72 energy projects, comprising coal-fired power stations and renewable energy generation facilities in India that reached financial close in 2017. These projects attracted total lending...
Siddharth Chakravarty of The Research Collective explains the Blue Economy, its impact on the coastal economy, and the role of international financial institutions in pushing this project.
Jesu Rathnam, Coastal Action Network, says that the Sagarmala project, which envisages the development of infrastructure projects- like highways, ports, jetties- along with the coast of India, will lead to the destruction of the...
According to recent news published on the Business Standard, the leading banks of India are designing a scheme for bailing out stressed assets in the power sector, which, as per the latest report of Parliamentary Standing Committee on...
Public Statement | May 24, 2018 Walmart-Flipkart Deal: Continuing Attack On Retailers, Producers, Farmers & Labour, And On Indiaâs Digital Sovereignty The US-based Multinational Corporation (MNC) Walmartâs acquisition of Flipkart undermines Indiaâs economic and...
The report âCitizens’ Report on the âFour Years of the NDA Government, 2014-18: Promises & Realityâ â a civil society initiative’ is a collective work by experts, development networks and civil society organisations working...
