finance minister Archives - Centre for Financial Accountability

Performance Linked Incentive (PLI) – Boon or Bane for the Banking Sector

Image: AI-generated representative image Salary is paid to employees for their work. Work is the performance. If they ar...

Article

Infrastructure Risk Guarantee Fund: De-Risking Finance Capital

The Union Budget 2026–27 introduced an Infrastructure Risk Guarantee Fund (IRGF), announced by Finance Minister Nirmala ...

General Infrastructure Finance National Finance Post-Budget Series 2026 Union Budget

Article

Kartavya-less Budget

An Analysis of the Union Budget 2026-27 Listening to the Finance Minister’s speech right after reading the Economic Sur...

Featured General National Finance Publications Union Budget

Article

The Finance Minister has a great opportunity to amend the tax structure. Will she do it?

Peoples Commission on Public Sector and Public Services has issued a statement on tax structure which the Finance Minist...

General Random Reflections Union Budget

Article

Few Questions to the Finance Minister

Few of the Trade Union representatives from the Banking Industry met the Leader of the Opposition with certain demands o...

General Random Reflections

Article

MUDRA loan numbers – Biggest jumla by the Finance Minister

In a recent interview with the press in the industrial town of South India, Coimbatore, the Finance Minister clarified t...

General Random Reflections

Article

A Decade of Write-Offs: How the Govt and Banks Failed to Tackle NPAs and Helped Big Corporations

Devidas Tuljapurakar The government has time and again stated that ‘write off’ does not mean relief to the borrower as r...

Coverage General

Article

Customer Service in Public Sector Banks – Is the Finance Minister Irresponsible?

A recent news report by ANI and PTI reported that a senior citizen, Surya Harijan walks many kilometres barefoot with th...

General Indian Economy Latest Random Reflections

Article

While Finance Minister was sleeping, credit outflows inverted

Since FY20, banks are giving more personal loans than loans to the industry, particularly to large industry, and the gro...

General Indian Economy

Article

Taking away Govt business from Govt Banks: A deep conspiracy to kill them.

The Finance Minister has announced that the government business handled by the government banks i.e. the public sector b...

General Random Reflections

September 16, 2026

Thomas Franco

Performance Linked Incentive (PLI) – Boon or Bane for the Banking Sector

Image: AI-generated representative image Salary is paid to employees for their work. Work is the performance. If they are working more, they should be paid better salary, which will add to their retirement benefits, but the Finance Ministry is forcing performance-linked incentives to a selected few ...

General Indian Economy Random Reflections

Article

September 16, 2026

Amitanshu Verma

Infrastructure Risk Guarantee Fund: De-Risking Finance Capital

The Union Budget 2026–27 introduced an Infrastructure Risk Guarantee Fund (IRGF), announced by Finance Minister Nirmala Sitharaman as a mechanism to support infrastructure projects during the design and construction phases. The budget has allocated ₹1,000 crore towards this initiative.This allocatio...

General Infrastructure Finance National Finance Post-Budget Series 2026 Union Budget

Article

September 30, 2026

CFA

Kartavya-less Budget

An Analysis of the Union Budget 2026-27 Listening to the Finance Minister’s speech right after reading the Economic Survey felt as if the sound and fury of the Survey signified nothing. The Survey, sans several of the unqualified praise for the state of the economy, had rightly underlined the exige...

Featured General National Finance Publications Union Budget

Article

February 18, 2025

Thomas Franco

The Finance Minister has a great opportunity to amend the tax structure. Will she do it?

Peoples Commission on Public Sector and Public Services has issued a statement on tax structure which the Finance Minister should look into. All over the world there are changes proposed in the tax system due to increasing inequality. In India the gap between the rich and poor is has increased as pe...

General Random Reflections Union Budget

Article

December 21, 2024

Thomas Franco

Few Questions to the Finance Minister

Few of the Trade Union representatives from the Banking Industry met the Leader of the Opposition with certain demands on the Banking Sector. This came out on Social Media, and the Finance Minister, in a 907-word X post, raised many questions as “Don’t the people who met with the LOP tell him?”—repe...

General Random Reflections

Article

October 4, 2024

Thomas Franco

MUDRA loan numbers – Biggest jumla by the Finance Minister

In a recent interview with the press in the industrial town of South India, Coimbatore, the Finance Minister clarified to Mr Sundarraman, a reporter from The Indian Express, that according to the bank’s data available to her (which she cross-checked on her tablet), 49.5 crore MUDRA loans have ...

General Random Reflections

Article

December 18, 2023

Devidas Tuljapurakar

A Decade of Write-Offs: How the Govt and Banks Failed to Tackle NPAs and Helped Big Corporations

Devidas Tuljapurakar The government has time and again stated that ‘write off’ does not mean relief to the borrower as recovery processes continue. But in practice, banks are compelled to forgo any hope of recovery. The minister of finance and corporate affairs Nirmala Sitaraman has time and again s...

Coverage General

Article

April 25, 2023

Thomas Franco

Customer Service in Public Sector Banks – Is the Finance Minister Irresponsible?

A recent news report by ANI and PTI reported that a senior citizen, Surya Harijan walks many kilometres barefoot with the support of a broken chair to reach a bank to collect her pension in Odisha’s Jharigaon. They published a video of the lady walking. Without ascertaining the facts, the Finance Mi...

General Indian Economy Latest Random Reflections

Article

September 23, 2022

Prasanna Mohanty

While Finance Minister was sleeping, credit outflows inverted

Since FY20, banks are giving more personal loans than loans to the industry, particularly to large industry, and the growth in personal loans is even more dramatic. Finance Minister Nirmala Sitharaman is disheartened that the industry is not investing in manufacturing, despite the corporate tax cut ...

General Indian Economy

Article

May 27, 2021

Thomas Franco

Taking away Govt business from Govt Banks: A deep conspiracy to kill them.

The Finance Minister has announced that the government business handled by the government banks i.e. the public sector banks will also be provided to the private sector. Already certain government businesses have been slowly handed over to the new generation private banks. State Bank of India was ...

General Random Reflections

Article

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finance minister

Performance Linked Incentive (PLI) – Boon or Bane for the Banking Sector

Infrastructure Risk Guarantee Fund: De-Risking Finance Capital

Kartavya-less Budget

The Finance Minister has a great opportunity to amend the tax structure. Will she do it?

Few Questions to the Finance Minister

MUDRA loan numbers – Biggest jumla by the Finance Minister

A Decade of Write-Offs: How the Govt and Banks Failed to Tackle NPAs and Helped Big Corporations

Customer Service in Public Sector Banks – Is the Finance Minister Irresponsible?

While Finance Minister was sleeping, credit outflows inverted

Taking away Govt business from Govt Banks: A deep conspiracy to kill them.

Performance Linked Incentive (PLI) – Boon or Bane for the Banking Sector

Infrastructure Risk Guarantee Fund: De-Risking Finance Capital

Kartavya-less Budget

The Finance Minister has a great opportunity to amend the tax structure. Will she do it?

Few Questions to the Finance Minister

MUDRA loan numbers – Biggest jumla by the Finance Minister

A Decade of Write-Offs: How the Govt and Banks Failed to Tackle NPAs and Helped Big Corporations

Customer Service in Public Sector Banks – Is the Finance Minister Irresponsible?

While Finance Minister was sleeping, credit outflows inverted

Taking away Govt business from Govt Banks: A deep conspiracy to kill them.