Revdis for Corporates | Report Card 2014-24

Revdis for Corporates | Report Card 2014-24

This is the fifth in a series of report cards by the Financial Accountability Network India, that attempts (even if not exhaustively) to glance through and highlight a few of the claims and reality of the government’s performance across various sectors from a financial and economic lens. While the govt…

BLACK PAPER on the MODI-YEARS

BLACK PAPER on the MODI-YEARS

What the Finance Minister presented as the “White Paper” on Indian economy was more like an effort to White Wash a decade of its failure.

Just a scratch on the surface peels off the layers of lies, media hyperboles and gimmicks. What remains is the reality which is stark, alarming and dark. A reality they wish to hide behind its divisive politics of hate.

Inflation | Report Card 2014 -24

Inflation | Report Card 2014 -24

The essence of democracy requires that we hold governments to account vis-a-vis their claims and promises. But one of the biggest casualties of the recent years has been the idea of accountability. The divisive and jingoist hyperboles in the media facilitate a collective amnesia. This report card (though not conclusive)…

NPAs + Write Offs + Wilfull Defaulters | Report Card 2014-24

NPAs + Write Offs + Wilfull Defaulters | Report Card 2014-24

Balance Sheet of a Decade! The essence of democracy requires that we hold governments to account vis-a-vis their claims and promises. But one of the biggest casualties of the recent years has been the idea of accountability. The divisive and jingoist hyperboles in the media facilitate a collective amnesia. This…

Don’t Invest Public Money in high risk Adani Coal to PVC Plant

Don’t Invest Public Money in high risk Adani Coal to PVC Plant

Date: 31st August 2023 We the undersigned express our deep concern on reports in the news media which state that a State Bank of India (SBI) led consortium is planning to invest ₹ 34,000 crore in the first phase of Adani Enterprises led Coal to Poly Vinyl Chloride (PVC) project…

India’s Biggest Ever Coal Mine Auction will Aggravate Climate Crisis; Is Against India’s Climate Pledges

India’s Biggest Ever Coal Mine Auction will Aggravate Climate Crisis; Is Against India’s Climate Pledges

Statement by People’s Movements, Trade Unions and CSOs Date: 17th January 2023 The central government opening the biggest new coal mine auction, announced in November 2022, is a mockery of the Prime Minister’s own climate announcements at climate change summits, and an invitation to worsening the climate crisis. In early…

എന്തുകൊണ്ട്  ഇന്ത്യൻ ധനകാര്യ സ്ഥാപനങ്ങൾക്ക് പരിസ്ഥിതി,  സാമൂഹിക സുരക്ഷാ നയം അനിവാര്യമാണ്?

എന്തുകൊണ്ട്  ഇന്ത്യൻ ധനകാര്യ സ്ഥാപനങ്ങൾക്ക് പരിസ്ഥിതി, സാമൂഹിക സുരക്ഷാ നയം അനിവാര്യമാണ്?

2022 ഏപ്രിൽ 26-ന്, ഛത്തീസ്ഗഡിലെ ജനാർദൻപൂരിലെ ഒരു കൂട്ടം സ്ത്രീകൾ, ഹസ്ദിയോ ആരണ്യ വനത്തിലെ മരങ്ങൾ വനം വകുപ്പ് വെട്ടിമാറ്റുന്നത് തടഞ്ഞു കൊണ്ട്, മരങ്ങളെ കെട്ടിപ്പിടിച്ച് പ്രതിഷേധിക്കുകയും അതിൽ അവർ വിജയിക്കുകയും ചെയ്തു. എന്നാൽ വനംവകുപ്പ് അടുത്ത ദിവസം പുലർച്ചെ തിരിച്ചെത്തി 300-ലധികം മരങ്ങൾ വെട്ടിമാറ്റി. പ്രതിഷേധങ്ങൾക്കിടയിലും പാർസ ഈസ്റ്റ്, കെറ്റെബസാൻ കൽക്കരി ഖനികളിൽ രണ്ടാം ഘട്ട ഖനനത്തിന് അനുമതി ലഭിച്ചതിനെ തുടർന്നാണിത്. പദ്ധതികൾ രാജസ്ഥാൻ രാജ്യ വിദ്യുത് ഉത്പാദൻ നിഗത്തിന്റെ ഉടമസ്ഥതയിലുള്ളതും നടത്തിപ്പവകാശം അദാനി ഗ്രൂപ്പിനുമാണ്.…

We need Environment and Social Safeguard Policy  for Indian Financial Institutions

We need Environment and Social Safeguard Policy for Indian Financial Institutions

On April 26th 2022, women of Janardanpur, Chhattisgarh hugged trees of the Hasdeo Aranya forest to prevent them from being felled by the forest department and did so successfully. But the forest department came back in the early hours next day and felled over 300 trees. This is following the clearance…

Financial Accountability Network, along with over 30 orgs responded to SEBI consultation paper on ERP ratings

Financial Accountability Network, along with over 30 orgs responded to SEBI consultation paper on ERP ratings

Response to SEBI Consultation Paper on Regulating Environmental, Social and Governance (ESG) Rating Providers for Securities Markets In the last few years and particularly in the last couple of years Financial Institutions, companies and regulators alike are interested in the ESG framework. It is surely a welcome step for the…

SANCTIONS ON RUSSIA: Political Economy of Sanctions & the Fallout

  📌 Online Public Debate 🇺🇦🇷🇺 SANCTIONS ON RUSSIA Political Economy of Sanctions & the Fallout 16th March | 3pm SPEAKERS: Ajay Shah National Institute of Public Finance & Policy Arun Kumar Economist, Retd. Professor, JNU Deepanshu Mohan Jindal Global University Seema Mustafa Sr. Journalist Moderated by Pamela Philipose Sr.…