Joe Athialy, Author at Centre for Financial Accountability

G20: Im Interesse der besitzenden Klassen

Über den G20-Gipfel in Indien schreibt Joe Athialy Vom 8. bis 10. September 2023 richtet die indische Regierung den G20-...

Article

Chronicles of a Missed Opportunity Foretold: India and the G20 Presidency

On August 19, on the second day of the We20: A Peoples’ Summit on G20, which aimed to provide an alternative platform fo...

G20 International Finance Publications

Article

India’s divestment efforts could benefit from a ‘no new coal’ policy

Joe Athialy Given the global trend toward sustainable finance, the government of India faces limited options for selling...

Coal Coverage General

Article

CEA is in a State of Denial

Joe Athialy India’s Chief Economic Advisor (CEA) Anantha Nageswaran’s assertion last a few days back as reported by news...

Coverage

Article

Bye bye reform and human rights, welcome private sector. Unfortunately we will be back!

In another week, on June 2, Ajay Banga will take over as the 14th president of the World Bank Group, the all-men’s club,...

Coverage

Article

Transforming the World of Finance

What will help the world of finance/economy to transform? While I do not have an answer on that, I want to share why the...

General Indian Economy Latest

Article

Book Review: How Mindless Decisions Since 2014 Worsened the Abject Economy We Inherited

It is nearly settled that the Union Budget presented early in February 2022 is clueless of the realities and apart...

Coverage

Article

GDP Growth and Mirage of V-shaped Recovery

If the GDP growth rate is an indication of where our formal economy is, then there’s a lot to worry about. It fell to -7...

General Indian Economy

Article

Fiscal Deficit and Divestment Chorus

The growing fiscal deficit is yet another reason market pundits are pushing for government divestment from Public Secto...

Mind your Mint National Financial Institutions

Article

Three Cheers to Finance Matters!

This issue of Finance Matters marks the completion of three years since it was started.We thank you all its readers and ...

Blog

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November 10, 2023

Joe Athialy

G20: Im Interesse der besitzenden Klassen

Über den G20-Gipfel in Indien schreibt Joe Athialy Vom 8. bis 10. September 2023 richtet die indische Regierung den G20-Gipfel in Neu-Delhi aus. Sie nutzt das Event geschickt, um sich vor der eigenen Bevölkerung als globalpolitisches Schwergewicht zu präsentieren. Mehr als 200 G20-Treffen in über 60...

Coverage G20 General International Finance

Article

September 2, 2023

Joe Athialy

Chronicles of a Missed Opportunity Foretold: India and the G20 Presidency

On August 19, on the second day of the We20: A Peoples’ Summit on G20, which aimed to provide an alternative platform for discussions parallel to the G20, was met with disruption by the Delhi Police. The event, organized by over 70 people’s movements, trade unions and civil society groups, sought to...

G20 International Finance Publications

Article

July 28, 2023

Joe Athialy

India’s divestment efforts could benefit from a ‘no new coal’ policy

Joe Athialy Given the global trend toward sustainable finance, the government of India faces limited options for selling its stake in IDBI. Without a commitment to a “no new coal” policy, major international financial institutions are likely to shy away from investing in the bank. India ...

Coal Coverage General

Article

June 23, 2023

Joe Athialy

CEA is in a State of Denial

Joe Athialy India’s Chief Economic Advisor (CEA) Anantha Nageswaran’s assertion last a few days back as reported by newspapers, that the concept of Universal Basic Income (UBI) was not necessary for India and ‘it may create ground for “perverse incentives” and dissuade people from seeking income-gen...

Coverage

Article

June 2, 2023

Joe Athialy

Bye bye reform and human rights, welcome private sector. Unfortunately we will be back!

In another week, on June 2, Ajay Banga will take over as the 14th president of the World Bank Group, the all-men’s club, except for Kristalina Georgieva, who had become World Bank’s acting president briefly for a few weeks in 2019. Banga’s nomination (not democratically elected) by the US administra...

Coverage

Article

May 3, 2023

Joe Athialy

Transforming the World of Finance

What will help the world of finance/economy to transform? While I do not have an answer on that, I want to share why the economy/finance needs a serious and radical transformation. Or an understanding of where we stand today is fundamental to thinking about what needs to be changed. It’s an un...

General Indian Economy Latest

Article

February 22, 2022

Joe Athialy

Book Review: How Mindless Decisions Since 2014 Worsened the Abject Economy We Inherited

It is nearly settled that the Union Budget presented early in February 2022 is clueless of the realities and apart from showing a mirage of amrit kaal (an auspicious time to begin new work) it does nothing to address the present realities. But what are the present realities...

Coverage

Article

June 2, 2021

Joe Athialy

GDP Growth and Mirage of V-shaped Recovery

If the GDP growth rate is an indication of where our formal economy is, then there’s a lot to worry about. It fell to -7.3% in FY21, from the low of 4.2% in FY20. Unless the IT cells come out with some convoluted explanation to show -7.3% higher than 4.2% (as they did about the petrol prices), the o...

General Indian Economy

Article

August 5, 2020

Joe Athialy

Fiscal Deficit and Divestment Chorus

The growing fiscal deficit is yet another reason market pundits are pushing for government divestment from Public Sector Units (PSUs). That would be akin to the story of the goose and the golden egg. At Rs. 6.62 lakh crore between April and June this year, the fiscal deficit for the current fina...

Mind your Mint National Financial Institutions

Article

July 4, 2020

Joe Athialy

Three Cheers to Finance Matters!

This issue of Finance Matters marks the completion of three years since it was started.We thank you all its readers and those who contributed to it. To bring out a weekly newsletter has its own challenges. We could not have done this without your help. Thank you.In a relatively heavily crowded space...

Blog

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