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AIIB Water Sector Strategy, September 2019 ā Some observations
The Asian Infrastructure Investment Bank (AIIB) came out with a draft Water Sector Strategy in September 2019. The water sector analysis was developed based on the information in the water sector analysis brought out...
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Ease of Doing Business ā what does it conceal?
India is now a poster boy for the World Bankās much-criticisedĀ Doing Business ReportĀ (DBR), and its associated country rankings index (EODB) (seeĀ ObserverĀ Winter 2018). The country has drastically improved its place in the EODB index, rising...
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Clean Energy Fund to Compensate for Budgetary Shortfall
U.S. Energy Information Administration (EIA)ās data says that India has the fifth largest coal reserves in the world. Coal is also India’s primary source of energy. India, in addition to producing coal in excess...
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Random Reflections: For the Corporates, by the Corporates, of the Corporates – India getting sold
The Parliament has passed The International Financial Services Centres Authority Bill 2019. The Act will apply to be the International Financial Services Centres (IFSC) set up under See 18 of the Special Economic Zones...
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Emerging Landscape of Global Climate Finance
The concept of climate finance originated from the need for financing both the Mitigation (reducing the root cause of Climate Crisis, greenhouse Gas emissions) as well as Adaptation (building resilience in countries, societies, communities...
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Random Reflections: Why is the Finance Minister Shielding Defaulters?
Why are you shielding the defaulters? Madam Nirmala Sitaraman has to answer! The Government of India has released some data on Bank credit which requires critical analysis. In October & December loan melas Public...
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Tata Mundra Ultra Mega Power Project: A decade of disemPOWERing communities
Almost a decade after the construction for the Tata Mundra Ultra Mega Power Project and eight years since the operations of the project started, a revisit to Mundra tells the story of the destruction...
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Snippets from the World of International Finance
IFCās Opportunistic $ 24.7 trillion Global Green Investment Plan Adding to the global narrative on low-carbon investments, World Bank Groupsā private lending arm International Finance Corporationās recent report – Green Buildings: A Finance and...
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Regional Seminar on Role of Financial Institutions in Energy and Infrastructure
A two-day regional seminar was held in Bilaspur on 30th Nov- 1st Dec 2019 organized by, All India Forum of Forest Movements (AIFFM) ChhattisgarhāVidarbha region, Mausam, Beyond Copenhagen Network and Centre for Financial Accountability...
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Of GDP and Tax Cutsā¦
More than Rs. one lakh crore (Rs. 1,08,785.41) revenue forgone due to exemptions availed by corporates in 2019 , informed the Finance Ministry answering a question yesterday (Nov 2) in the Lok Sabha. For...
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Why did the economy slow down? Making sense of GDP at 4.5%
This economic slowdown comes at a time when crude is a benign $55-$58 a barrel, and world economy continues to grow modestly. So in a very broad & general way, for instance you were...
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The setting sun on Indiaās solar dreams
Caught in an economic slowdown, Indiaās clean energy transition is likely to go for a toss. What will be the cost? The ongoing slowdown in economic growth and electricity demand has worsened the deep...
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Random Reflections: MUDRA Loans ā Next Avalanche for Banks?
Pradhan Mantri Mudra Yojana was launched on 8th April 2015. Categorised as Shishu, for loans upto Rs.50000/-, Kishore for loans upto Rs. 5 lakhs and Tarun for Loans upto Rs. 10 lakh, the scheme...
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Global Mass Protests: Why the Ubiquitous Outrage?
To quote the Political Science professor, Robert OāBrien, at the McMaster University in Hamilton, āthe world is at a high level of protest right nowā. He further adds that he can witness āa dissatisfaction...