Category: Economy

BankTrack note on Fair Finance's study on Asia's coal sector: Fair Finance Asia’s latest study reveals continued growth in Asia’s coal sector even after the signing of the Paris Agreement in 2015 due to financing by banks and investors operating in the region. In the past five years (2016–2020) since the signing of the Paris … Continue reading A future without coal: banking on Asia’s just energy transition

By Arup Mitra, Ayush Singh* The million plus cities and other large cities comprise the bulk of the urban investment and undertake a wide range of economic activities. Migrants from all economic spheres are therefore, attracted to these cities for earning their livelihood and experiencing upward mobility. Even an informal sector worker gets better off … Continue reading What about thousands of small and medium towns in India?

By Sudhansu R Das For decades, Public Sector Banks have generated quality jobs for the educated Indian youth. The State Bank of India and its associate banks used to advertise for more than one lakh probationary officer jobs every year. State Bank of India and other public sector banks together normally advertised nearly 1.3 lakh officer … Continue reading Create right environment to safeguard public sector banks’ credit cycle

By Sudhansu R Das Over decades public sector banks have become the happy hunting ground for the fraudsters and willful defaulters. After 2008 when the Lehman's Brothers’ bank collapsed in the USA under the weight of bad loans, recession gripped the global financial sector. That time, the Indian Public Sector Banks were not affected by … Continue reading Merger of banks to form big banks, privatization of public sector banks will not make banking inclusive

By Arjun Kumar, Ritika Gupta MSMEs are key drivers of innovation, economic growth, and new employment generation, making them a key demographic constituent to measure the economic health of countries globally. And w Globalization of industries happening at a fast pace it will be critical for the growth of MSMEs to look into aspects of … Continue reading Enabling SMEs to penetrate global value chains of TNCs: Need to strengthen regional innovation systems

By Soumyadip Chattopadhyay, Arjun Kumar, Ritika Gupta The Indian economy was quite sluggish even before the pandemic made the unfortunate appearance. Inefficient policies and structural issues took a toll on the economy, further exasperated by the pandemic. Now that we are emerging from the shadows of the ill-planned lockdowns and inefficient bailout packages, the growth … Continue reading Pandemic and the Union Budget 2021: Implementation and the way forward

Prof Patha Dasgupta Power & Climate Policy Analyst Shankar Sharma’s letter to Dr. Rajiv Kumar, Vice Chairman, NITI Aayog, New Delhi, with copies to Prime Minister Narendra Modi and Union environment, forests and climate change minister Prakash Javadekar, among others, on why India cannot afford to ignore the true relevance of the findings of Dasgupta Review … Continue reading Economic growth has devastating cost to nature: India cannot ignore Dasgupta review