You, Me and the Economy

As the recession is coming closer, there is not much optimistic news from the economic front, other than the occasional rise in share markets , which are mostly knee jerk directions to something. This week we have a new study, about the plight of children in India, and the International Labour Organization, ringing alarm bells on huge rise in unemployment, and emphasising the need, to channel wind...

Despite the festival season, unemployment has peaked in the country. Meanwhile, finance pundits are debating over the chances of global recession hitting India. In a bid to further its earnings at the cost of the states, the centre is planning to take over many of the State Highways and convert them to National highways. Here is your weekly round up of economy and finance.. Listen Up! Links from t...

While the finance minister is claiming that rupee is not weakening, but the dollar is strengthening, the world is plunging into a deep recession. At the same time, India slips further on Global Hunger Index as Modi government criticises the methodology.  Here is your weekly round up of economy and finance Listen Up! Register here for conference : https://bit.ly/COFI2022 Links from the podcast: htt...

The impending global recession is already taking its toll on India, while meetings on labour codes have failed to reach any consensus. In other news, Sebi has approved a framework for creating India’s first Social Stock Exchange.  Here is your weekly round up of economy and finance.. Listen Up! Links from the podcast: https://www.reuters.com/markets/europe/india-inflation-likely-hit-five-month-hig...

It has been almost 10 months since inflation crossed the upper limit of 6%. RBI has now decided to explain the reasons for inflation, but not to the public. On the other hand, the election commission is asking for hisaab from the political parties over freebies and election promises. But who will account for the post-election freebies given to the rich 1%? Meanwhile, CEOs all over the world are ex...

RBI's survey on Climate Finance has really left everyone disappointed. India's forex reserves are depleting as RBI defends the falling rupee. While common people are being harassed for loan recoveries, the corporates are getting grand write off. So much so that the banks' outstanding has jumped over 3 times to Rs 8.58 Lakh Crore in just 5 years! What is happening?  LINK FROM THE PODCAST: https://s...

he World Economic Forum, in its latest Global Gender Gap Report released in July, ranked India 135 among 146 countries. These figures hide the social, political exclusion and discrimination faced by women throughout the country which has become very mainstream and does not even ring alarm bells, nor does the gender question inform most protests on employment. Here is your weekly round - up of econ...

After replacing the 65-year-old Planning Commission with Niti Aayog, the next target are the planning boards at state level. At the same time the FM is using Hanuman analogy to implore industry to start investing. Though the example was about Hanuman being reminded of his strength, Nirmala Sitaraman seemed to be on the verge of tears at the aloofness of the industrialists refraining from investmen...

 If you want to measure a nation's prosperity, where do you look ? GDP? Balance of payment? Or should you also count the graves. A new data on suicides in India presents some disturbing facts. Meanwhile, the first quarter results of GDP growth are out. It's an impressive performance, but the devil is in the details. In yet another incident, Sri Lanka gets its first breather as the IMF grants a new...

Adani & Co makes a major bid for the media sector, as reports point out massive over leverage and a possibility of spiralling into a debt trap. Not satisfied with the hoards of taxes on people, the govt is exploring how can it charge people for UPI transactions. All this while the LPG hikes are pinching common people. Here is your weekly round up of economy and finance! Listen Up!! Links from the...

 As the country celebrates 75 years of independence this month, we have come a long way in terms of economic growth and industrialisation. But has this translated into providing a good standard of living to every citizen, is the question we must ask. Here is your weekly round - up of economy and finance! Listen Up! Links from the Podcast: https://www.business-standard.com/article/finance/rbi-accep...

The growing debt crisis is forcing many growing economies to cut down public spending. While in India, the PM warns the people of freebies, as the States' share in central taxes come down.  Here is your weekly round up of economy and finance Listen Up! Links from the Podcast: https://jubileedebt.org.uk/wp-content/uploads/2022/05/Debt-and-public-spending_May-2022.pdf https://indianexpress.com/...

As protests against price rise and the deepening inequality rock parliament, the looming recession is hard to ignore. At the same time, efforts are in place to sell BSNL soon’ even as sale of 5G spectrum takes place.  Here is your Weekly Round - up of Economy and Finance Listen Up! Links from the Podcast: https://thewire.in/economy/us-recession-impact-on-indian-economy https://www.businessworld.in...

 A global recession is looming large thanks to the prolonged Russia-Ukraine war, while the mounting job crisis is hitting hard, with the govt selecting  less than 1% applications received for public sector jobs. Here is your weekly round of economy and finance! Listen Up! Links from the Podcast https://www.livemint.com/economy/imf-slashes-fy23-india-growth-forecast-to-74-11658834328617.html https:...

Indian rupee continues its free-fall, while the common man fighting hunger and inflation is pressured to pay more money on essentials. As global price of crude oil comes down, the Government is rushing to retract windfall tax on crude oil exports. Here is your weekly round up of economy and finance!! Listen Up!! Links from the Podcast: https://indianexpress.com/article/business/commodities/govt-cu...

Continuing the privatisation of profit-making banks, the Union Government is going to lift the 10% cap on private shareholding in PSBs. This is happening at a time when the economists close to the government are advocating for privatisation of psbs except the State Bank of India. In other news, India is set to take over China and become the most populous country in the world in 2023.  Here is...

The country’s much touted federalism is at stake as Union Government prepares to bring the Electricity Amendment Bill in the upcoming parliament session. Meanwhile, the government’s hypocrisy that it doesn’t really care about the environment is evident from NITI Ayog’s latest report. Listen up to the new episode of You Me and the Economy! Links from the podcast are here:  https://www.counterv...

The intentions are all well in the new policy brief by NITI aayog, yet there is no assurance to gig workers. Public Sector banks have come to the rescue of Agniveers, but will their assistance be enough? Here is your weekly round up of economy and finance. Links from the podcast are here:  https://www.niti.gov.in/sites/default/files/2022-06/Policy_Brief_India%27s_Booming_Gig_and_Platform_Econ...

 Money parked by Indians in Swiss bank accounts has grown by 50% to over 30000 crores, while 8000 millionaires are set to leave the country if migration trends are to be believed.  Thanks for listening to this episode of You, Me and the Economy. For more news and analysis, check out our website- www.cenfa.org   Links from the podcast: https://www.newsclick.in/50%25-Rise-Money-P...

We are officially entering an era of transnational cronyism. A Sri Lankan official has alleged that Modi pressurised Sri Lanka to choose Adani. At the same time, NGT has ordered Adani owned UPCL to pay for environmental damage. What’s going on? Here is your weekly round-up of economy and finance.  For more news and analysis, check out our website- www.cenfa.org   Links from the podc...

The Indian economy has been plagued by high inflation, geopolitical risks and monetary tightening. India has even slipped its ranking as far as attainment of sustainable development goals is concerned. Meanwhile, people are being more vocal about the adversities and exploitations they face. Here is your weekly round-up of economy and finance. #YouMeandtheEconomy

A bitter food crisis is blazing across the world as India bans sugar exports. At the same time the Chief Economic Adviser downplays stagflation. What’s going on? Here is your weekly round-up of economy and finance.  #YouMeandtheEconomy

India is transitioning from Coal to Renewable energy. What does this transition mean for many coal miners in India? Dr Neethi Rao talks to Bhargavi Rao in the latest episode of You Me and the Economy. #YouMeAndTheEconomy                

Thanks for listening to this episode of You, Me and the Economy. For more news and analysis, check out our website- www.cenfa.org  https://www.forum-adb.org/post/collective-statement-for-the-energy-sector-strategy-update  https://www.thehindu.com/opinion/lead/a-new-road-for-indias-fiscal-federalism/article65457350.ece https://indianexpress.com/article/explained/supreme-court-ruling-gst-c...

Thanks for listening to this episode of You, Me and the Economy. For more news and analysis, check out our website- www.cenfa.org   Register for the official CSO Handbook release with the link in the description box. https://us02web.zoom.us/meeting/register/tZItde2hqDgpGN02MrN1KmMrWNmCrUMWdp-r Tackling ADB Financial Intermediary Investing: Why does it matter? Register here: https://...