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India added a whopping 79% to the global ‘extreme poor’ in 2020
Shockingly, World Bank estimated this using a private firm CMIE’s surveys, because Indian government wouldn’t collect household consumption data, lest it reveals the ugly truth
Shockingly, World Bank estimated this using a private firm CMIE’s surveys, because Indian government wouldn’t collect household consumption data, lest it reveals the ugly truth
Two shocking revelations have hit recently: Vedanta-Foxconn to corner entire sectoral subsidy of Rs 76,000 crore to build chips and a wrong Hyundai got the PLI to make EV batteries
In more recent times, it is strong rise in financial assets, aided by fiscal and monetary support to businesses in response to the pandemic crisis, which has led to a sharper rise in inequality
Analysis of financial institutions' policy orientation towards environmental and social safeguards, identifying gaps and limitations.
Since FY20, banks are giving more personal loans than loans to industry, particularly to large industry, and the growth in personal loans is even more dramatic
The derailment began in 1991, with the World Bank, an IMF loan, and the liberalisation, privatisation, and globalisation agenda.
Human capital development is critical for the growth and development of any economy, but that is where India remains a global outlier, in spite of having entered the “Amrit Kaal” and becoming the fifth-largest...
While it targets welfare schemes, the Union government has also written off crores in outstanding loans for India’s rich and given huge corporate tax rebates.
India could take advantage of geopolitical developments to promote trade and gain better status for the rupee, by avoiding dollar A number of countries, including India, are now considering the use of other currencies...
In fact, Centre’s whimsical policy response to the emerging global economic scenario is an equally big threat to the economy It would be imprudent to assume that a global recessionary trend will bypass India....
In keeping with its anti-people and pro-corporate tax policy, the Central government withdrew the windfall tax on oil exports on July 19th – 19 days after it was imposed – with effect from July...
We witnessed an infantile jubilance on the part of the government since last year about a “record recovery” from the pandemic. Finance Ministry’s report claimed that armed with necessary macro and micro growth drivers, India...
As progress has come to mean growing accumulation and consumption in material terms, this has led to establishment of ever larger production units, energy harnessing facilities, transport, storage and recreational infrastructure.
Replacing regular jobs with short-term contractual ones will not only compromise professionalism in the armed forces and national security, but it will also pose a serious threat to social order already torn asunder by...
It is the fear of providing a fresh sail to the ‘Mandal’ (OBC) politics of the 1990s that prevents ‘Kamandal’ (BJP) politics in power from disclosing OBC data of the SECC of 2011 or...