Join a Two-Day Online Convention On: The National Monetization (PRIVATIZATION) Pipeline & The Return of the Company Raj 13th & 14th September 4 pm – 6 pm [Find the panelists for each day on the poster] Zoom Meeting ID: 940 1494 0384 Passcode: 000007 Financial Accountability Network India & People…
Reclaim the Republic @ 75
Reclaim the Republic @ 75 Press Release | August 16, 2021: It has been 75 years since what we called our “tryst with destiny”. The 75th year ought not to be a time just for mindless celebrations and pomp and splendour. It is a time to reflect, introspect…
Bank Nationalization Day: In Defense of Public Sector Banks
IN DEFENCE OF DEMOCRACY AND THE FARMERS’ MOVEMENT
Press Release: In Defence of Democracy and the Farmers’ Movement 2 December 2020: The widespread farmers agitations against the pro-business and anti-farmer legislations passed undemocratically by the Indian Parliament in September 2020, has been met with a predictable insensitive and muted response from the Government. At the meeting called by…
In Solidarity with the Nationwide General Strike!
In Solidarity with the Nationwide General Strike! Scrap Farm Bills! Withdraw anti-Labour Reforms! Stop Privatisation of PSUs! New Delhi, November 23, 2020: Financial Accountability Network India (FAN India) stands in solidarity with the nation-wide general strike on 26th November called by the trade unions demanding withdrawal of anti-worker wage/labour…
Bank Charges Should be Scrapped and Not Just Paused out of ‘Benevolence’
Bank Charges Should be Scrapped and Not Just Paused out of ‘Benevolence’ November 4, 2020, New Delhi: The Ministry of Finance announced yesterday that, no Public Sector Bank has increased the bank charges and will not do so in view of the COVID pandemic. The announcement came after strong backlash…
When Banking Becomes a Burden
Due to nationwide lockdown started from 24th March, 2020 amid of corona pandemic, Finance Minister Ms. Nirmala Sitaraman announced waive off of charges for not maintaining Monthly Minimum Balance and for ATM transactions for 3 months, i.e. April-May-June as a part of economic relief measure. But despite this announcement,…
Centre must respect fiscal federalism and legal obligations under GST (Compensation to the States) Act, 2017
Centre Must Respect Fiscal Federalism and Legal Obligations under GST (Compensation to the States) Act, 2017 Statement from Civil Society Organisations, Economists and Concerned citizens New Delhi, October 2, 2020: Financial Accountability Network India (FAN India) and the undersigned condemn the central government for violating the GST (Compensation to the…
Statement on RBI’s discussion paper on Governance in Commercial Bank in India
July 15, 2020 Financial Accountability Network India along with other civil society organisations, trade unions, bankers, people’s movements and networks strongly demand that the time for the consultation on the discussion paper on governance be increased to a minimum of three months along with necessary arrangements for wider participation of…
FAN India Condemns the Continuous Exploitation of Depositors by Banks even During the COVID Times
July 11, 2020, Delhi: Financial Accountability Network India condemns the banks for resuming the bank charges which were withheld for three months by Finance Minister. While all the banks resumed the ATM charges and penalty for not maintaining the minimum balance from the month of July, Bank of Maharashtra increased the…