-Newsclick.in The Modi government has been trying to cut the RBI down to size for quite some time. The Modi government’s penchant for subverting institutions has now extended to the Central Bank of the country. Not content with eliminating the Planning Commission; decimating the finest universities in India; crippling the premier public sector unit of the country, the ONGC, by interfering in its decision making; bringing the nationalised banks to grief by...

-Newsclick.in In a report to the UN General Assembly, Philip Alstom urged a rethink by governments as also multilateral bodies, like IMF and World Bank, and even parts of UN. Widespread privatisation of public goods in many societies is systematically eliminating human rights protections and further marginalising those living in poverty, according to a hard-hitting new report. The report was transmitted to the UN General Assembly on 19 October. Philip Alston, the UN...

-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...

-The Indian Express India’s economy is not doing well. Only carefully crafted policy reforms can turn it around The Indian government recently lowered its economic growth forecast for 2017-18 to 6.5 per cent, and there is reason to be concerned. That the economy would suffer a slowdown after demonetisation was inevitable, as all professional economists could see. But growth dropping to 5.7 per cent and 6.3 per cent in, respectively, the first...

-The Times of India BONN (Germany): India is the sixth most vulnerable country in the world in terms of facing extreme weather events with Haiti, Zimbabwe, Fiji, Sri Lanka and Vietnam taking top five positions in the fresh list of nations facing climate risk. The ranking was released here by the Germanwatch, an independent Berlin-based development and environmental organisation, on Thursday in its latest global climate risk index (CRI). The Index put...