Why are you killing excellent institutions, Nirmala ji?
Every single institution built up during the last 75 years is either being weakened, strangulated or killed at a slow pace.
It’s Not Freebies, it’s Our Right!
On 3rd April, the Prime Minister held a meeting with the Secretaries of various departments. As per reports, several top bureaucrats flagged their concerns over populist schemes and freebies announced by political parties during...
Pension and other Social Security – India lags far behind
Our country’s constitution talks of equality, equal opportunity and social justice. But unfortunately, even after 74 years, we lag behind in social security.
Amidst Authoritarian Regimes, Terrible Labour Conditions & Privatization, What’s the Future of our Youth?
Across the globe, we are seeing a rise in authoritarian regimes. Vladimir Putin in Russia, Jair Bolsonaro in Brazil, R.T. Erdoğan in Turkey, Xi Jinping in China and Narendra Modi in India are glaring...
Has the SBI become too big to govern?
'The rot within' is the title of an article of Ms. Purnima. S. Tripathi, wrote in the Frontline magazine, in its March 25, 2022 issue. The article further states – 'State Bank of India,...
Tata gets a loan at 4.5%, but the poor pay over 26% for microfinance!
On 14th March 2022, RBI issued revised instructions for microfinance loans to the poor by Non-Banking Financial Companies (NBFCs) called Micro Finance Institutions (MFIs).
How did the banks help BJP to win UP?
BJP has secured a landslide win in Uttar Pradesh and there are many reasons stated in the press and on the TV discussions, but one which has not come to focus is how the...
Should Corporates Own Banks?
“It would be difficult to undertake credit planning unless the linked control of Industry and Banks in the hands is snapped by Nationalisation of Banks,” said R K Hazari in the R K Hazari...
ABG Shipyard Scam- Need for Accountability and Overhaul of the System
ABG Shipyard was incorporated on 15th March 1985 as a ship building and repair business in Gujarat with an office in Mumbai. Its Chairman as well as Managing Director is Rishi Kamlesh Agarwal and...
Economic Survey and Budget 2022 – Hide Facts, Tell Lies, and Provide Irrelevant Statistics
While claiming that India is number one in vaccination, the Economic Survey presents a chart of a few countries, leaving out China. To show our spending in the social sector is worthwhile, it provides...
The largest bank in the country cannot be anti-women!
State Bank of India has announced changes in the recruitment policy, which have come under valid criticism. How can SBI, which should be a model employer, become a guinea pig for wrong policies?
Dubious ways of Privatising Banks without calling it Privatisation
From 1991 with the debut of neoliberal policies we have followed the dictates of IMF, the World Bank, the Financial Stability Board (of G-20) and now even the World Economic Forum.
Selling the Golden Goose for a Pittance – Does our FM know what LIC is?
In spite of strong opposition from all sections of the society, the Finance Minister has recently asked her Ministries to speed up LIC Initial Public Offer (IPO).
The Fate of Rural and Farm Credit with Privatisation of Banks
Rural and farm credit were totally neglected before the nationalisation of banks on 19th July 1969. The historic All India Rural Credit Survey carried out in 1954 showed that formal credit institutions provided less...
From People’s Bank to a Corporate Slave – Where is the SBI headed?
The recent deal between Adani Capital and the State Bank of India has raised eyebrows. State Bank of India was known as the people's bank, and it could rightly claim that it was 'the...
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