FM EditS Archives - Centre for Financial Accountability

India’s four new labour codes came into effect in November 2025, and the rules to run them were notified in May 2026. They were meant to make labour law simpler and wider in reach. But they do not mention climate change even once, though the last eleven years have been the warmest on record. T...

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September 25, 2026

CFA

Free No More: UPI’s New Fee and Who Really Pays | Editorial

Finance Matters | 18 September 2026 For years, UPI has been sold to Indians as a triumph of public infrastructure, free, instant, and universal. That story just changed. Starting October 15, every UPI transaction above ₹2,000 will attract a 0.4% fee, capped at ₹300 for payments of ₹75,000 and above....

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September 16, 2026

CFA

The Missing BRIC(S)

The 18th BRICS Summit hosted under the presidency of India on September 12 & 13 is happening at a time when the world is passing through geo political instability. In their responses to Trump’s tariff regime, genocide in Palestine or the attacks by Israel and US on Iran – a member of the blo...

BRICS FM EditS General International Finance

Article

September 16, 2026

CFA

Gloating in False Growth?

“The greatest trick the devil ever pulled was convincing the world he didn’t exist.” Those are the famous words from the 1995 thriller ‘Usual Suspects’. That’s a line that one recalls looking at the 7.8% GDP growth figure for the first quarter that the government is boasting about. F...

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Article

September 16, 2026

CFA

Naked Dance of Crony Capitalism

There are a number of issues surrounding the recent approval by the National Company Law Tribunal (NCLT) of a repayment plan of ₹6.5 crore against claims of ₹22,006.57 crore involving Zee Group Founder and Chairman Subhash Chandra, causing a loss of 99.97 per cent to lenders. It is ludicrous to ...

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Article

September 16, 2026

CFA

A Month In, VB-G RAM G’s Numbers Raise Hard Questions

A month into VB-G RAM G, the government’s own dashboard undercuts its press releases: 7.67 crore person-days generated in July, against 15.33 crore under MGNREGS the previous year, a 49.94% collapse, the lowest July figure in five years. This isn’t teething trouble; it’s the pr...

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Article

September 16, 2026

CFA

Bankers’ Books Evidence Bill, 2026: Expanding State Surveillance, Eroding Citizens’ Rights | Editorial

Finance Matters | July 31 2026 The Bankers’ Books Evidence Bill, 2026 is yet another piece of legislation the NDA-II govt has pushed through, amidst pandemonium in the Lok Sabha, without debate or the scrutiny of a Parliamentary Committee. Such legislations, passed amidst chaos in Parliament...

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Article

September 16, 2026

CFA

The India of the elites and that of the cockroaches | Editorial

Representative Image made with AI Finance Matters | July 24 2026 India has two realities, like two parallel universes. In one of these universes a handful of super rich seem to be doing great, in fact they are thriving. While the other India including both the poor and the middle classes are some...

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September 16, 2026

Joe Athialy

One Small Newsletter, One Giant Conversation: Celebrating 10 Years of Finance Matters

Ten years ago, a newsletter started with a fairly stubborn premise: that ordinary people are entitled to know where public money goes, who profits when it disappears, and why the explanations offered are usually designed to be forgotten by lunchtime. A decade later, the premise hasn’t changed....

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September 16, 2026

CFA

Who Pays for India’s Ethanol Transition?

India’s ethanol story has mostly been told as a complaint story, falling mileage, stalled cars, a minister who won’t budge. But underneath it is a money story, and it’s the part that actually explains why the government isn’t backing down. Since 2018, the Indian governmen...

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Centre for Financial Accountability (CFA) aims to bring in accountability in financial institutions who lend money to development projects, through research and campaigns.

CFA is a project of CACIM (www.cacim.net) and Bank Information Centre Trust.

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FM EditS

The Missing Clause: Climate in India’s Labour Codes

Free No More: UPI’s New Fee and Who Really Pays | Editorial

The Missing BRIC(S)

Gloating in False Growth?

Naked Dance of Crony Capitalism

A Month In, VB-G RAM G’s Numbers Raise Hard Questions

Bankers’ Books Evidence Bill, 2026: Expanding State Surveillance, Eroding Citizens’ Rights | Editorial

The India of the elites and that of the cockroaches | Editorial

One Small Newsletter, One Giant Conversation: Celebrating 10 Years of Finance Matters

Who Pays for India’s Ethanol Transition?

The Missing Clause: Climate in India’s Labour Codes

Free No More: UPI’s New Fee and Who Really Pays | Editorial

The Missing BRIC(S)

Gloating in False Growth?

Naked Dance of Crony Capitalism

A Month In, VB-G RAM G’s Numbers Raise Hard Questions

Bankers’ Books Evidence Bill, 2026: Expanding State Surveillance, Eroding Citizens’ Rights | Editorial

The India of the elites and that of the cockroaches | Editorial

One Small Newsletter, One Giant Conversation: Celebrating 10 Years of Finance Matters

Who Pays for India’s Ethanol Transition?