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.

Read more February 21, 2022 at 6:19 pm Prasanna Mohanty

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...

Read more February 10, 2022 at 1:18 pm Varsha Patel

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...

Read more February 8, 2022 at 11:40 am Shivani Dwivedi

The Numbers Behind the ‘Record Recovery’

The claim that there has been a record recovery may seem correct on paper. Comparing the figures for growth in quarter ending in June 2021 - 22 with June 2020-21 there is a 20.1%...

Read more December 3, 2021 at 3:07 pm CFA

Creating a better Development Finance Institution for India

Compliance by financial institutions with ESG requirements for credit decisions, and disclosures has become increasingly prevalent over the last two decades. While some of these requirements are imposed via legislation, others have been voluntarily...

Read more October 22, 2021 at 4:17 pm Praachi Misra

Gaming the GameStop stock, taking Hedge Funds for a ride!

How often do we read about middle income individuals appropriating the wealth from the super-rich using the very systems that they have created in order to become and stay wealthy? Not very. So when...

Read more January 29, 2021 at 11:31 am Om Prakash Singh

Gujarat, too, exits PM crop insurance scheme, citing premium burden

Chief Minister Rupani launches alternative State-funded scheme for kharif 2020 Is the cookie crumbling for the Pradhan Mantri Fasal Bima Yojana (PMFBY) with Gujarat exiting the scheme? The BJP-ruled State has cited the “burden...

Read more August 11, 2020 at 12:32 pm Rutam Vora

Random Reflections: Why India needs Five Day Week?

India is a country of youth now and we are proud of it. It provides us a great opportunity. The youth not only need employment but also work life balance. Joint families are gone....

Read more August 5, 2020 at 1:37 pm Thomas Franco

निवेशकों से धोखा-धड़ी के दोषी सहारा इंडिया के मैनेजर को गिरफ्तार किया जाय। प्रशासन के नाक में खड़े हो कर की जा रही ठगी।

सहारा इंडिया पैरा बैंकिंग शाखा सीधी द्वारा निवेशकों का पैसा हड़पने का पूरा षड्यंत्र रचा गया है। सहारा इंडिया शाखा सीधी के शाखा प्रबंधक की साजिश धोखाधड़ी के इस खेल के खिलाफ दंडात्मक कार्यवाही...

Read more July 9, 2020 at 4:09 pm Umesh Tiwari

Random Reflections- Bankrupt Government Looting the Banks

New method Kissan Credit Card scheme to 9 crore PM-Kisan beneficiaries in 2 weeks. The Prime Minister had promised that they would not interfere with Banks. He had accused the previous government of doing...

Read more February 25, 2020 at 11:18 pm Thomas Franco

Random Reflection: PMO, Finance Ministry and the Finance Mess

It’s a known fact that decisions of every Ministry is taken by the Prime Minister’s Office (PMO), which has officers responsible for each Ministry. For a population of 130 billion, one PMO, which earlier...

Read more February 19, 2020 at 3:35 pm Thomas Franco

Catering to Finance alone can not qualify India as Democracy

Budget placed in the Indian Parliament on 1st February fails to send out a long due message to the stagnating Indian economy. This is by failing to announce policies for a possible recovery of...

Read more February 13, 2020 at 1:02 pm Sunanda Sen

Random Reflections: Budget 2020 and the Banking Sector

Union Budget is no more an anxiety as many decisions like petroleum product prices, railway fare, tax waiver to corporation, GST are now out of the budget. However some sectors require attention. Most important...

Read more January 23, 2020 at 4:57 pm Thomas Franco

Towards Developing an Understanding & Perspective on Development Finance & Financial Institutions.

The world is in the midst of a looming economic crisis which seems to deepen due to various factors including geopolitical factors such as the trade war between China and the US. The growth...

Read more November 16, 2019 at 4:21 pm CFA

Mergers To Serve Corporate Interests

On August 30, Finance Minister Nirmala Sitaraman announced the consolidation of 10 public sector banks (PSBs) into four large ones. The background of the announcement is the current full-blown economic crisis and a brewing...

Read more September 7, 2019 at 12:14 pm Deccan Herald

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