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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
September 16, 2026
CFA
The Price of Ignoring Workers’ Rights
The recent protests by factory workers in Noida, which turned violent, should not be seen as an isolated law-and-order issue. They reflect deeper problems that have been building for months, low wages, long working hours, and rising living costs. When thousands of workers take to the streets, i...
Article
September 16, 2026
CFA
An External War, An Internal Strain
The recent remarks by Narendra Modi comparing the West Asia conflict to the COVID-19 may be intended to reassure, but they risk understating the seriousness of the current economic stress. Unlike the pandemic, which was a public health crisis with a clear domestic policy response, this is an ext...
Article
September 16, 2026
CFA
Rising Temperatures, Failing Safety Nets
India is once again being caught unprepared by a climate crisis that is no longer “unusual” but increasingly routine. From the snow-deficit Himalayas to storm-hit plains, the warning signs are clear: rising temperatures, erratic rainfall, and fragile crop cycles. Yet, the policy response remain...
Article
September 16, 2026
CFA
Rising Youth Unemployment: Growth Without Jobs
India’s latest Periodic Labour Force Survey numbers present a mixed picture, but the core message is troubling. Youth unemployment has risen to 14.8%, the highest in four months. This is more than just a number. It points to a widening gap between education and employment. Each year, more young...
Article
September 16, 2026
CFA
A Distant War, A Direct Impact on India
India may soon feel the economic tremors of the escalating conflict triggered by the strikes of Israel and the United States on Iran. What began as a military confrontation in West Asia is rapidly turning into a wider energy and trade crisis with direct consequences for the Indian economy. Much...
Article
September 16, 2026
CFA
Citizens of India or Ghulams of the Billionaire Raj?
February was a long month of protests for Indian workers. To begin with: a general strike organised by a joint committee of trade unions saw the participation of over 30 crore workers! On February 12, workers across the country came together to demand the repeal of the four labour codes that are...
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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