Why does the tax structure pinch the poor more than the rich corporates? Why is higher GST collection not necessarily a good thing for the economy? Why are the states not happy with their share in the taxes? Why was wealth tax abolished? This is the eighth in a series…
IBC Haircuts | Report Card 2014-24
The Insolvency and Bankruptcy Code (IBC) 2016 was supposed to help in recovering mounting NPAs from the corporate sector. But over the years it has turned out to be a super salon where crores are written off in the name of haircuts and corporate sharks take over “ailing” companies for…
Monetisation | Report Card 2014-24
While the government has justified it in the name of raising resources for social and infrastructure spending, but the monetisation plan is nothing but one that offers chunks of the nation’s public assets for private profits. This is the sixth in a series of report cards by the Financial Accountability…
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…
Employment | Report Card 2014-24
This is the fourth 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. This report card…
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.
Farmers’ Report Card 2014-24
The historic farmers’ agitation against the farm Bills pushed by the Modi government was a desperate fight back against what was being touted as Indian farming’s “1991 moment”. The Bills would have made farmers directly negotiate with private corporations instead of the mediation of a state-regulated marketplace. It took about…
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. These report cards are a part…
How Inequality and Majoritarian Fascism feed each other?
Anti-Fascist Rally and Convention: Democracy Will Win Kolkata, January 2024 As part of the Financial Accountability Network India, we participated in the anti-fascist rally and convention in Kolkata on the 22nd and 23rd January 2024. Thousands gathered from across the country and marched the streets of Kolkata on the day…
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)…