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February 7, 2020
विकास के नाम पर बढता आर्थिक और सामाजिक सकंट
भारत सरकार देश के विकास के नाम पर बड़ी ढांचागत परियोजनाओ के निमार्ण पर पिछलें कुछ दशकों से लगातार बल दे रही है। इन परियोजनाओं को भारत के सकल घरेलू उत्पाद की वृद्धि दर से जोडकर देखा जा रहा हैं। इन बड़ी परियोजनाओं में मुख्य रूप से विद्युत परियोजनाऐं, बांध सड़कें शहरी परियोजनाए, औद्योगिक क्षेत्रों के ग...
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September 1, 2018
Haircut for the Lenders Under Insolvency and Bankruptcy Code!
When the Bill for ‘Insolvency and Bankruptcy Code, 2016’ was passed in parliament in May 2016, it was hailed as the biggest economic reform, only next to GST, by the current government. The Insolvency and Bankruptcy Code, 2016 consolidated and amended various laws relating to insolvency resolution o...
Article
September 1, 2018
Banking in the Dilemma of Recovery
Presently the Indian Banking is passing through a deep crisis mainly on account of mounting Non-Performing Assets, which were unfolded after the Assets Quality Inspection by the RBI at the instance of the then RBI Governor Raghuram Rajan. The growth in NPA was phenomenal. Non-Performing Assets as on...
Article
January 25, 2019
25 Years of Independent Accountability Mechanisms
This year, the Inspection Panel, the accountability mechanism of the World Bank, is completing 25 years. The World Bank’s failure to comply with its operating policies was seen by the entire world in the Bank’s financing of the Sardar Sarovar Dam project on River Narmada. In the 1980s, the tenacity ...
Article
February 18, 2019
Growing Financial Crisis in the Power Sector
In the past few years, a major shift has taken place in the power sector on several fronts including environment clearance, national forest policy, coal mining regulation, power purchase agreement (PPA), fuel supply agreement (FSA) and policies of financial institutions. In India, the shift started ...
Article
August 13, 2018
FRDI Bill Withdrawn: A Victory to the People
On August 7 2018, the government officially withdrew its proposed Financial Resolution and Deposit insurance Bill (2017). This Bill aimed to redefine the regulatory framework by introducing a Resolution Corporation (RC) that would have powers to merge, sell, liquidate any financial institution based...
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