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India’s economy is facing multiple challenges, with unemployment and rising prices emerging as top concerns. According to the Mood of the Nation Survey by India Today and C-Voter, more than three-fourths of Indians believe joblessness is a serious issue, and 64% in the Northeast and 60% in the East ...

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Article

February 18, 2025

CFA Admin

Union Budget 2025: Missed Opportunities and Misplaced Priorities.

The 2025 Union Budget is more than an economic plan—it’s a pre-election strategy designed to secure votes, especially in Delhi and Bihar, where elections were announced. With a large portion of Delhi’s voters comprising the salaried middle class, tax cuts and infrastructure projects seemed to be aim...

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Article

February 18, 2025

CFA Admin

Economic Survey 2025: Development for Whom? | Finance Matters, 31 January 2025 | Editorial

The Economic Survey 2025 tabled by Finance Minister Nirmala Sitharaman, projects a 6.3 – 6.8% growth rate for FY 26, ahead of the Union Budget 2025-26. But, what does it mean to the common citizens like us? While the survey acclaims as a means for development and inclusion, a closer look reve...

Blog FM EditS General Union Budget

Article

January 26, 2025

CFA Admin

Budget 2025: Income Tax & the Growing Inequality Gap | Finance Matters, 25 January 2025 | Editorial

The Union Budget is only a few days away and speculations that the Income Tax will be reduced is high. As the speculations are heating up, just a few days back Oxfam released the Wealth Inequality Report 2024 – Takers, not Makers – bringing out some startling findings. The report says &#...

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Article

February 18, 2025

CFA Admin

Another Budget, Another Opportunity | Finance Matters, 10 January 2025 | Editorial

We are just around the corner for another budget. The Finance Minister has been consulting regular industry leaders, business associations, and occasional trade unions in preparation for the budget. While memes around the falling Rupee are aplenty, inaugurations of trains and tunnels continue to tak...

FM EditS General Union Budget

Article

December 17, 2024

CFA Admin

The Magic of Falling NPAs! | Finance Matters | 13 December 2024 | Editorial

A recent investigation by The Indian Express revealed that over 43% of the total non-performing assets (NPA) till March 2019, or Rs. 4.02 lakh crore, was accounted for by just 100 companies. According to data.gov, the NPAs have substantially reduced since then – from 9.07% in 2018-19 to 3.87%...

FM EditS General

Article

December 3, 2024

CFA Admin

World Bank on Trial: Eight charges against World Bank on its 80th year. | Finance Matters, 29 November 2024| Editors Note

As the Bretton Woods Institutions complete 80 years, here are eight charges against them (not in order of the severity of the crimes!). 1. Perpetuator of Climate Crisis: Now championing as a climate saviour and “climate bank”, the Bank must be the one institution which might have contrib...

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Article

November 28, 2024

CFA Admin

In Adani, nobody is clean! | Finance Matters, 22 November 2024 | Editors Note

While the Adani indictment by the US Department of Justice and the US Securities and Exchange Commission “may or may not turn out to be the Modi regime’s Bofors moment”, it vindicates what many political parties and people’s movements were raising for the past over a decade. The indictment tells us ...

FM EditS General

Article

November 19, 2024

CFA Admin

From CoP to Coal Pit: A Tale of Climate Disconnect | Finance Matters, 15 November 2024 | Editors Note

Singrauli town in Madhya Pradesh is soon to be vanished as Coal India wants to mine the 600 MT of coal lying underneath. Wonder what will happen to Delhi if precious minerals are found under it. For the people, this must be the 4th displacement in the past 6-decades. In 1962, 142 villages were displ...

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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

India at Crossroads: Unemployment, Inflation, and Banking Unrest | Finance Matters, 14 February 2025 | Editorial

Union Budget 2025: Missed Opportunities and Misplaced Priorities.

Economic Survey 2025: Development for Whom? | Finance Matters, 31 January 2025 | Editorial

Budget 2025: Income Tax & the Growing Inequality Gap | Finance Matters, 25 January 2025 | Editorial

Another Budget, Another Opportunity | Finance Matters, 10 January 2025 | Editorial

The Magic of Falling NPAs! | Finance Matters | 13 December 2024 | Editorial

World Bank on Trial: Eight charges against World Bank on its 80th year. | Finance Matters, 29 November 2024| Editors Note

In Adani, nobody is clean! | Finance Matters, 22 November 2024 | Editors Note

From CoP to Coal Pit: A Tale of Climate Disconnect | Finance Matters, 15 November 2024 | Editors Note

India at Crossroads: Unemployment, Inflation, and Banking Unrest | Finance Matters, 14 February 2025 | Editorial

Union Budget 2025: Missed Opportunities and Misplaced Priorities.

Economic Survey 2025: Development for Whom? | Finance Matters, 31 January 2025 | Editorial

Budget 2025: Income Tax & the Growing Inequality Gap | Finance Matters, 25 January 2025 | Editorial

Another Budget, Another Opportunity | Finance Matters, 10 January 2025 | Editorial

The Magic of Falling NPAs! | Finance Matters | 13 December 2024 | Editorial

World Bank on Trial: Eight charges against World Bank on its 80th year. | Finance Matters, 29 November 2024| Editors Note

In Adani, nobody is clean! | Finance Matters, 22 November 2024 | Editors Note

From CoP to Coal Pit: A Tale of Climate Disconnect | Finance Matters, 15 November 2024 | Editors Note