From the day banking started, bankers always had a plan for handing loans going bad. Banking says giving loans has a credit risk due to various reasons. Banks become a partner to the borrower...
TO PROTECT HARD EARNED SAVINGS OF THE COMMON MAN ORIGIN OF DEVELOPMENT BANKING Historically, the idea of establishing special institution for the provision of finance for industry was put forth in strong terms, as...
& Recommendations from the External Review of IFC/MIGA E&S Accountability, including CAOâs Role & Effectiveness We welcome the opportunity to comment on the report of the external review team. At the outset, the recommendations...
of External Review of IFC/MIGA E&S Accountability, including CAOâs Role and Effectiveness After 20 years of its existence, the Compliance Advisor Ombudsman (CAO) and International Finance Corporation’s (IFC) social and environmental accountability review has...
Framers from the heart of green revolution states are on the roads facing the wrath of police lathis in midst of a pandemic. Numbered in thousands these distressed farmers are vociferously resisting against the...
The Reserve Bank of India has released revised priority sector norms. A closer look shows how the government and RBI are tweaking the norms to favour the rich and fleece the poor. Already the...
Social activists express hope for the future in webinar series on âReimagining the Futureâ Press Release | Sept 15, 2020 âThe lockdown worked like a chemical experiment where hidden injustices were brought to the...
I. Yet another Loan for India for response to the Covid-19 crisis India received yet another external loan for dealing with the Covid 19 crisis. Japan announced an emergency support loan of up to...
The government is in a privatisation spree in spite of wide spread opposition. The RBI, Niti Ayog (Aniti Ayog) and Finance Ministry are used to give confusing signals. While a RBI Dy. Governor demands...
On August 27, the World Bank came out with a statement suspending the Doing Business Report. The statement said that a number of irregularities have been reported regarding changes to the data in the Doing Business...
As geopolitical conflicts, climate change and more recently the over arching pandemic necessitates a global consensus on the need to radically reform our economic models, food systems and health care practices, it also becomes...
In an appeal to the chairperson, Rajiv Ranjan Singh, Parliamentary Standing Committee on Energy, and its members, 90 civil society group have sought cancellation of the draft Electricity (Amendment) Bill 2020, proposed by the...
On August 27th, the World Bank came out with a statement suspending the Doing Business Report. The statement said that a number of irregularities have been reported regarding changes to the data in the...
Ms. Nirmala Sitharamanâs statement that Covid-19 is an act of God to deprive states and union territories of their legally due GST has led to lot of discussions. While the central government in a...
In the month of August, many deals and decisions were made in the energy sector by the Ministry of Power despite the impacts of the pandemic and the ensuing lockdown on the power sector....