Booklet: Big Pie â Analysis of Major Sectorsâ Share in NPAs
New Report, looking into the share of particular sectors  -in particular, power, steel infrastructure
What is Threatening Public Sector Banks in India?
It is an acknowledged fact that the Indian banking system is facing an unprecedented crisis. The problem of bad loans and the need for a capital infusion, drastic changes in financial policies, new legislation...
Government wants to continue the system of crony capitalism, which is root of NPAs: Prashant Bhushan
August 10, 2017, New Delhi: âThe government, which is arguing against the right to privacy in Aadhaar, is fighting for the privacy of large corporate defaulters,â said eminent lawyer Prashant Bhushan, who has raised...
Understanding Goods and Service Tax (GST), its Impact and Implications
Conversations on Finance Understanding Goods and Service Tax (GST), its impact and implications GST, as a concept, introduced by the UPA government in the budget speech by Chidambaram, is a reality today. Pranab Mukherjee,...
Are green buildings a priority for IFC or a ploy to make inroads in the real estate sector?
Anuradha Munshi International Finance Corporation (IFC), a member of the World Bank Group, is going to invest up to $6 billion in the next five years on various sustainable and renewable energy programmes in...
Indian Movements/CSOs Submit Comments on NITI Aayog’s Draft of National Energy Policy
A group of civil society organisations, which has reviewed, and analysed the 2017 draft of the National Energy Policy (NEP), submitted its comments and suggestions from the financial perspective for improving the draft of...
The Draconian FRDI Bill, 2017 will Script Death to the Public Sector Bankingâ
The union cabinet, chaired by Prime Minister Narendra Modi, has recently approved the proposal to introduce the Financial Resolution and Deposit Insurance (FRDI) Bill, 2017 in the upcoming monsoon session of the Parliament. The...
Investing in Losses
Like India once had a Ministry of Disinvestment, it’s time she has a Ministry of Loss Making. How else can one understand governmentâs eagerness to buy out all loss making projects, whether in coal,...
First-hand report from the AIIBâs Second Annual Board of Governors Meeting at Jeju (June 16-18, 2017)
Asia Infrastructure Investment Bank (AIIB) recently concluded its Second Annual Board of Governorsâ meeting in Jeju, South Korea. The three-day-long meeting, during June 16-18, 2017, saw the participation of Board of Governors, representatives from...
US Court Rules That World Bank Group Cannot Be Sued For Harming Communities
A U.S. Federal Court has held that the International Finance Corporation (IFC) is entitled to âabsolute immunityâ from lawsuits brought by communities harmed by IFC projects. The case, filed by communities affected by the...
Bank mergers in the time of NPAs
Non-Performing Assets (NPAs), a euphemism for toxic or bad loans, has been looming over Public Sector Banks (PSBs) for over a year. C. P. Krishnan, the General Secretary of Bank Employees Federation of India...
Press release: Federal Appeals Court Rules That World Bank Group Cannot Be Sued For Harming Communities
For Immediate Release Federal Appeals Court Rules That World Bank Group Cannot Be Sued For Harming Communities Affected Communities Plan Further Legal Challenge June 27, 2017, Washington D.C., and Mundra: The U.S. Court of...
Press Statement: Adani and Tata Projects â Hold them Accountable, Donât Bailout.
Press Statement | 26 June 2017 Bailout Pleas by both Adani and Tata Projects in Mundra a symptom of larger menace; Government should not acquire liabilities, to waste public money; Both corporations should be...
Prominent Indian Groups Support Struggle against Rampal Project
Press Release January 6, 2017: New Delhi Prominent peopleâs movements and other civil society organisations from India today extended their support and solidarity to the struggle against the India supported Rampal power project in...
Booklet: Parliament Supremacy Undermined?
An Analysis of Parliamentary Debates in India on International Financial Institutions (1984-2009) This report critically examines how international financial institutions (IFIs) such as the World Bank, IMF, and Asian Development Bank have increasingly influenced...
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