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September 16, 2026
CFA
India’s Monsoon Paradox
The monsoon is once again showing India’s climate contradiction. A weak monsoon brings fears of drought, lower crop production, rising food prices and reduced rural incomes. Farmers delay sowing, inflation increases, and economic growth slows. But when the rains finally arrive, they often come i...
Article
September 16, 2026
CFA
A Census in Question!
With the first phase of India’s long-delayed Census now completed, attention is shifting from the exercise itself to the questions surrounding it. The Census is far more than a population count, it is the foundation on which economic planning, welfare schemes, public spending and democrati...
Article
September 16, 2026
CFA
More Than a Delayed Monsoon
India’s southwest monsoon has entered the season on a worrying note, with rainfall running 35% below normal and central India recording a deficit of 63%. While June rainfall shortages are not uncommon, the current situation is unfolding against the backdrop of a developing El Niño event that glo...
Article
September 16, 2026
CFA
To Stabilise the Rupee, Fix the Economy First
The sharp fall of the rupee is being blamed on recent tensions in West Asia, but the problem runs much deeper. While the government has urged people to reduce gold purchases to save foreign exchange, this treats only the symptom, not the disease. The rupee’s weakness reflects growing concerns ab...
Article
September 16, 2026
CFA
Who Pays for India’s AI Revolution? | Editorial
Finance Matters | 22 May 2026 Prime Minister Narendra Modi is projecting India as the next global hub for artificial intelligence, with companies like Google, Microsoft and OpenAI pouring billions into data centres. The biggest symbol of this ambition is in Visakhapatnam, where Google is building wh...
Article
September 16, 2026
CFA
Fuel, Inflation and the Household Burden
India’s inflation story is beginning to look more fragile than the headline numbers suggest. Retail inflation, measured through the Consumer Price Index (CPI), remains below the RBI’s comfort level at 3.48 per cent in April. At first glance, this appears reassuring for households as well as poli...
Article
September 16, 2026
CFA
Austerity should be for the rich, not the poor
As several economists had anticipated, the close of the election season has been followed by calls for austerity. The Prime Minister has urged citizens to reduce spending on petroleum products and gold, revive practices from the Covid era such as work-from-home and virtual meetings, and cut back...
Article
September 16, 2026
CFA
The Great Nicobar Question!
The recent visit by Rahul Gandhi to Great Nicobar Island has reignited debate around the massive “holistic development” project proposed for the island. While the project is being framed as strategically vital, a closer look at official documents suggests otherwise. References to defence or mili...
Article
September 16, 2026
CFA
Rising Heat, Rising Inequality
India’s worsening heatwave crisis is no longer just an environmental concern, it is a deepening economic and social emergency. Rising global temperatures, driven by the accumulation of greenhouse gases, have made heatwaves more frequent, longer, and more intense across the country. Over the past...
Article
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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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