indian economy Archives - Page 12 of 23 - Centre for Financial Accountability

RBI, Artificial Intelligence, Machine Learning and MNCs – Dangerous proposal – Must be dropped

Random Reflections Newspapers have reported that RBI has short-listed seven global consultancy firms including Price Wa...

Article

Trade deficits hit $111 billion in November 2022 – up by 135%

In 2014, India reversed three decades of trade liberalisation by raising import tariffs, long before Brexit (2016) and D...

General Indian Economy

Article

The Fiscal Challenges of the Realization of Workers’ Rights: Do They Exist?

The fiscal challenges of maintaining a low fiscal deficit are used to curtail the entitlements of labour in India. The l...

General Indian Economy

Article

When less than 4% of Indian dollar millionaires pay income tax

In FY18, the last year for which disaggregated income tax data is available, only 29,002 ITRs declared income above Rs 5...

General Indian Economy

Article

20ची टोळी – एक चित्रकथा

प्रकाशन का नाम: 20ची टोळी – एक चित्रकथा रचनाकार: ऑरिजित सेन, समर्थ, सोनल रघुवंशी मराठी अनुवाद: अनिल आठलेकर प्रकाश...

G20 General International Finance Publications

Article

No escape from the lower-middle income trap, at least not yet

A 17% credit growth in the first quarter of November 2022 means little since personal loans continue to dominate over lo...

General Indian Economy

Article

PM-Kisan: Who and how many are getting income support of Rs 6,000?

Surely, the Center doesn’t know; had that not been the case, it wouldn’t be giving multiple sets of data, all of which c...

General Indian Economy

Article

Recession – What India should do?

Contrary to the claims of the Finance Minister, India is in recession. Even the RBI agrees. Inequality is on the rise. F...

General Random Reflections

Article

The State of Finance in India Report 2021-22

Download Report The State of Finance in India report is a first of its kind that expands the domain of...

Finance General Publications

Video

नोटेबंदी पर RBI की भविष्यवाणी कैसे हुई सच? | हमारा पैसा हमारा हिसाब

नोटबंदी की बात करने से केंद्र सरकार हमेशा कतराती रही है। लेकिन पिछले हफ्ते जब सुप्रीम कोर्ट ने नोटबंदी के खिलाफ याचिका प...

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January 9, 2023

Thomas Franco

RBI, Artificial Intelligence, Machine Learning and MNCs – Dangerous proposal – Must be dropped

Random Reflections Newspapers have reported that RBI has short-listed seven global consultancy firms including Price Water House Coopers, Mckinsey and Boston Consultancy Group to use Artificial Intelligence and Machine learning for supervisory functions. The RBI is looking to extensively use advanc...

General Indian Economy Random Reflections

Article

January 13, 2023

Prasanna Mohanty

Trade deficits hit $111 billion in November 2022 – up by 135%

In 2014, India reversed three decades of trade liberalisation by raising import tariffs, long before Brexit (2016) and Donald Trump’s election (2017) sparked deglobalisation impulses. This protectionist instinct is gradually hurting India’s economy by (i) disabling the fourth engine of growth ...

General Indian Economy

Article

December 23, 2022

Thomas Franco

The Fiscal Challenges of the Realization of Workers’ Rights: Do They Exist?

The fiscal challenges of maintaining a low fiscal deficit are used to curtail the entitlements of labour in India. The labour codes even take away existing rights. The e-Shram portal has over 28 crore registrations, but no benefits are available to them. EPF benefits, including a pension of Rs 3,600...

General Indian Economy

Article

December 23, 2022

Prasanna Mohanty

When less than 4% of Indian dollar millionaires pay income tax

In FY18, the last year for which disaggregated income tax data is available, only 29,002 ITRs declared income above Rs 5 crore, while Credit Suisse said India had 7.25 lakh dollar millionaires (the wealth equivalent of Rs 8 crore and above) that year. Often enough, the Center claims that demon...

General Indian Economy

Article

March 9, 2023

CFA Admin

20ची टोळी – एक चित्रकथा

प्रकाशन का नाम: 20ची टोळी – एक चित्रकथा रचनाकार: ऑरिजित सेन, समर्थ, सोनल रघुवंशी मराठी अनुवाद: अनिल आठलेकर प्रकाशन: ऑक्टोबर 2022 उपलब्ध भाषा: अंग्रेजी, हिंदी, मराठी, बंगाली उपलब्ध स्वरूप: प्रिंट, Epub, PDF *हेन्रिच बॉल फाउंडेशन (प्रादेशिक कार्यालय नवी दिल्ली) यांच्या सहकार्याने सेंटर फॉर फायन...

G20 General International Finance Publications

Article

December 16, 2022

Prasanna Mohanty

No escape from the lower-middle income trap, at least not yet

A 17% credit growth in the first quarter of November 2022 means little since personal loans continue to dominate over loans to industry, particularly large industry. In September 2022, the CFA explained how India’s credit outflows flipped or inverted even before the pandemic set in. Personal loans o...

General Indian Economy

Article

December 5, 2022

Prasanna Mohanty

PM-Kisan: Who and how many are getting income support of Rs 6,000?

Surely, the Center doesn’t know; had that not been the case, it wouldn’t be giving multiple sets of data, all of which contradict each other. One true “master stroke” that helped the Modi government clinch the second term in 2019 was the PM-Kisan announcement on February 1, 2019 in the ...

General Indian Economy

Article

November 29, 2022

Thomas Franco

Recession – What India should do?

Contrary to the claims of the Finance Minister, India is in recession. Even the RBI agrees. Inequality is on the rise. From jobless growth, we are in ‘job loss’ growth. Study after study confirms it. OXFAM India Report 2022 on inequality stated that 84% of households suffered a decline i...

General Random Reflections

Article

November 29, 2022

CFA Admin

The State of Finance in India Report 2021-22

Download Report The State of Finance in India report is a first of its kind that expands the domain of finance and economics beyond the confines of ivory tower experts. It invites writings from a cross section of academics, policy makers, activists, social practitioners and of cour...

Finance General Publications

Article

March 11, 2026

CFA Admin

नोटेबंदी पर RBI की भविष्यवाणी कैसे हुई सच? | हमारा पैसा हमारा हिसाब

नोटबंदी की बात करने से केंद्र सरकार हमेशा कतराती रही है। लेकिन पिछले हफ्ते जब सुप्रीम कोर्ट ने नोटबंदी के खिलाफ याचिका पर सुनवाई शुरू की तो उन्हें मजबूर होना पड़ा। केंद्र सरकार ने अपने हलफनामे में बड़े, लेकिन निराधार दावे किए हैं। उन्होंने नोटबंदी की जिम्मेदारी भी आरबीआई को सौंप दी, यह दावा करते हुए...

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indian economy

RBI, Artificial Intelligence, Machine Learning and MNCs – Dangerous proposal – Must be dropped

Trade deficits hit $111 billion in November 2022 – up by 135%

The Fiscal Challenges of the Realization of Workers’ Rights: Do They Exist?

When less than 4% of Indian dollar millionaires pay income tax

20ची टोळी – एक चित्रकथा

No escape from the lower-middle income trap, at least not yet

PM-Kisan: Who and how many are getting income support of Rs 6,000?

Recession – What India should do?

The State of Finance in India Report 2021-22

नोटेबंदी पर RBI की भविष्यवाणी कैसे हुई सच? | हमारा पैसा हमारा हिसाब

RBI, Artificial Intelligence, Machine Learning and MNCs – Dangerous proposal – Must be dropped

Trade deficits hit $111 billion in November 2022 – up by 135%

The Fiscal Challenges of the Realization of Workers’ Rights: Do They Exist?

When less than 4% of Indian dollar millionaires pay income tax

20ची टोळी – एक चित्रकथा

No escape from the lower-middle income trap, at least not yet

PM-Kisan: Who and how many are getting income support of Rs 6,000?

Recession – What India should do?

The State of Finance in India Report 2021-22

नोटेबंदी पर RBI की भविष्यवाणी कैसे हुई सच? | हमारा पैसा हमारा हिसाब