Economic Development
4 min read
102

DEVELOPMENT | Report by Bahutva Karnataka reveals alarming trends in employment and income inequality in India

October 27, 2024
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National Students Union of India members during a protest march against unemployment on September 17, 2020. | Photo Credit: SHIV KUMAR PUSHPAKAR A recent report released by Karnataka-based Bahutva Karnataka, a non-profit coalition of progressive groups, has brought to light concerning trends in the employment landscape and income inequality in

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Economic Development
10 min read
57

SBI’s reluctance to reveal electoral bond data raises concerns about its independence, reliability, and competence

October 27, 2024
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A chain reaction is a series of related events in which each event causes the next one, or a chemical reaction in which each change triggers another. The Supreme Court’s ruling on electoral bonds has been just that. Perhaps unforeseen was the extent of the repercussions the State Bank of

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Economic Development
1 min read
79

Spotlight on SBI

October 27, 2024
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Spotlight on SBI Source link

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Economic Development
20 min read
67

The electoral bonds scheme goes to the heart of the Sangh Parivar’s long-term goal, which is ideological dictatorship

October 27, 2024
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Let us start with four apparently disparate examples. Example 1: Ajay Mishra Teni, Union Minister of State for Home Affairs, is the BJP member of the Lok Sabha from the Kheri constituency in Uttar Pradesh. In October 2021, his son, Ashish Mishra Monu, allegedly drove into a crowd of protesting

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Economic Development
10 min read
73

Electoral bonds: Why it is a giant scam

October 27, 2024
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Imagine a house. The residents of this house are general fans of cleanliness. But one day, everyone wakes up to find a small pile of garbage in the living room. The residents shake their heads, point towards the pile, and start complaining. Suddenly, a cape-wearing bearded man appears and says:

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Economic Development
8 min read
41

INTERVIEW | ADR founder Jagdeep S. Chhokar on electoral bonds: ‘There is a lot still unaccounted for’

October 27, 2024
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Jagdeep Chhokar. | Photo Credit: By special arrangement The Association for Democratic Reforms (ADR) was the lead petitioner in the challenge to the electoral bonds scheme (EBS). It went to court in 2017 when the scheme was first introduced. Jagdeep Chhokar, one of the three founder-members of ADR, is a

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Economic Development
6 min read
60

Economic Perspectives | C.P. Chandrasekhar writes: How Thames Water symbolises the collapse of neoliberal privatisation

October 27, 2024
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Thames Water, one of England’s many regional water monopolies, infamously privatised by Margaret Thatcher in the 1980s and symbolising the dramatic turn in economic policy that neoliberalism implied, is finally collapsing. Unable to mobilise £500 million from shareholders who have milked the company over the years, Kemble Water, the parent

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Economic Development
9 min read
75

Fate of Vizag Steel hangs in the balance with elections around the corner

October 27, 2024
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The Bharatiya Janata Party’s return to power at the Centre in 2019 marked the beginning of their unrelenting stance to privatise the state-owned Visakhapatnam Steel Plant (Vizag Steel) in Andhra Pradesh. However, as the 2024 elections draw close, State leaders from the BJP and their alliance partners, the Telugu Desam

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Economic Development
7 min read
68

Economic Perspectives | C.P. Chandrasekhar writes: The hype around World Bank new chief Ajay Banga

October 26, 2024
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Less than a year ago, Ajay Banga, a former chief executive of Mastercard, was picked to head the World Bank. Putting a Wall Street player addicted to profits in charge of a development institution claiming to help lift poor countries out of their underdevelopment seemed incongruous. Given that the Bank

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Economic Development
18 min read
96

Long on rhetoric, short on practice: Modi government battling corruption

October 26, 2024
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A decade ago, in the run-up to the 2014 Lok Sabha election, Narendra Modi, then still the Chief Minister of Gujarat, famously declaimed: “Na khaoonga, na khaane doonga” (Neither will I take bribes, nor will I let others take bribes). He added that he would bring back illegal wealth stashed away

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