Going by the actions of the Norway pensioners fund and the Australian retirement fund that is reviewing its exposure to the Adani group, we need to ask on what basis is LIC holding its share and how much further loss can it bear. Or the strategy is to save Adani at whatever cost?Thank you for listening to this podcast. For more information and analysis, check out our website www.cenfa.org and keep listening to You me and the economy. Story and production: Kavita Kabeer, Jimmy JamesProduction support: Haripriya Harshan

When the government is sitting on a large amount of data gathered by the might of its authority, it is not going to give its power away. A weak data protection bill actually might be in the favour of the government and big corporates. Our data in the hands of for-profit corporates would not only put the issues of privacy at risk but could endanger the ethos of democracy. Digital India comes with great promises of efficiency and maximum governance, but without clear, transparent data protection laws it is not going to serve its purpose. Thank you for listening to this podcast. For more information and analysis check out our website www.cenfa.org and keep listening to You me and the economy. Story and production: Kavita Kabeer, Jimmy JamesGuest inputs: Usha RamanathanProduction support: Haripriya Harshan

How can we explain the cuts to MGNREGA and food subsidy? Has the economy fully recovered from the pandemic? In its haste to fast-pace growth with capex push and large infrastructure projects, the government has really played a gamble. Or maybe it is the final gamble to squeeze resources now and release them in the election year 2024, playing the messiah! Thank you for listening to this podcast. For more information and analysis check out our website www.cenfa.org and keep listening to You me and the economy. Story and production: Kavita Kabeer, Jimmy JamesProduction support: Haripriya Harshan

As we acknowledge the huge layoffs at big tech firms, we must remember that they may not make up a lot of numbers in the economy, but they are indeed the dreams and aspirations of middle-class people. Another fact to remember is that the companies are not laying off people because they are facing losses, but because they want to secure their already high profits. If nothing, these layoffs should be a starting point to think about the future of labour force and unions in the world.Thank you for listening to this podcast. For more information and analysis, check out our website www.cenfa.org and keep listening to You me and the economy. Story and production: Kavita Kabeer, Jimmy JamesProduction support: Haripriya HarshanGuests: Com. Amanulla Khan, CITU, Shammi N, secretary, Karnataka State IT/ITeS Employees Union

In this special You, Me, and the Economy episode, Mr Soumya Dutta speaks about the Indian energy market. He delves into the following topics: Important global cues to continue dirty energy financing and Financing non-energy projects to persist fossil fuel financing. This podcast is supported by ROSA LUXEMBURG STIFTUNG South Asia.Listen to our latest episode of You, Me and the Economy!!

Inflation has been pinching India’s poor and working-class every day now. Even if the rates have declined, the majority of the country is still spending a large share of their incomes on essentials. The Govt needs to think beyond the repo rate and help a large section of society by lowering indirect taxes, helping the micro sector and stabilizing the prices of essential items.Thanks for listening to this podcast for more news and analysis go to our website www.cenfa.org and keep listening to You, Me and the Economy.Story and production: Kavita Kabeer, Jimmy JamesGuest Inputs: Prof. Arun KumarProduction support: Haripriya Harshan

Micro, Small and Medium Enterprises are a vital force in the economy. They contribute over 30% to the GDP, provide employment to over 11 crore people and contribute to 50% of exports. And 99% of MSMEs are actually micro units! Would we see the MSME sector driving India’s growth story in 2023? Thanks for listening to this podcast for more news and analysis go to our website www.cenfa.org and keep listening to You, Me and the Economy. Story and production: Kavita Kabeer, Jimmy JamesProduction support: Haripriya Harshan

Prof. Prabhat Patnaik speaks about Income and wealth inequality in India and the ways to finance a welfare state in India.This podcast is supported by ROSA LUXEMBURG STIFTUNG South Asia.Listen Up!

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 windfall corporate profits to employment or income support. Here is your weekly round up of economy and finance..Listen up!Links from the podcast:https://www.ndtv.com/india-news/51-of-indias-children-threatened-by-climate-emergency-poverty-report-3464109https://www.reuters.com/business/global-jobs-growth-will-deteriorate-significantly-this-quarter-ilo-2022-10-31/https://bit.ly/COFI2022

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 the podcast:https://www.newindianexpress.com/business/2022/oct/21/joblessness-peaks-in-india-during-festive-season-2510339.htmlhttps://www.fortuneindia.com/macro/formal-job-creation-drops-7-in-august-epfo-data/110154https://www.deccanherald.com/opinion/in-perspective/can-india-escape-the-effects-of-a-global-recession-1155719.html https://reclaimtherepublic.co/2022/01/21/statement-on-lic-ipo/  https://www.cenfa.org/who-stands-to-gain-if-lic-bleeds/       https://www.livemint.com/news/india/govt-nudges-lic-to-tweak-product-strategy-for-better-investor-return-11666774896767.htmlhttps://pib.gov.in/PressReleaseIframePage.aspx?PRID=1868080 https://www.livemint.com/news/india/centre-to-convert-state-highways-with-high-traffic-to-national-highways-gadkari-11665849603165.html

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 financeListen Up!Register here for conference: https://bit.ly/COFI2022Links from the podcast:https://www.business-standard.com/article/finance/rupee-breaches-83-1-rbi-said-to-have-slowed-down-intervention-122101900986_1.htmlhttps://www.newsclick.in/inflation-will-jump-further-reasons-fall-rupee-govt-wants-hidehttps://www.business-standard.com/article/economy-policy/global-economy-facing-disruptions-india-can-t-be-decoupled-rakesh-mohan-122101900569_1.htmlhttps://timesofindia.indiatimes.com/business/india-business/66-ceos-in-india-believe-there-will-be-a-recession-33-implement-hiring-freeze-survey/articleshow/94930880.cmshttps://www.cenfa.org/worsening-hunger/

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-high-sept-food-prices-2022-10-10/https://www.wionews.com/business-economy/live-global-recession-imf-chief-says-slump-is-avoidable-with-the-right-fiscal-policies-522266https://www.theweek.in/theweek/current/2022/10/08/if-world-goes-into-recession-india-too-will-be-hit.htmlhttps://www.livemint.com/companies/news/it-sector-likely-to-slash-campus-hiring-in-fy24-11664907484392.htmlhttps://www.thehindu.com/news/national/labour-codes-bhupender-yadavs-meetings-with-trade-unions-fail-to-evolve-consensus/article65997676.ece https://www.thehindu.com/news/national/the-road-to-rolling-out-labour-codes/article65640280.ece https://economictimes.indiatimes.com/markets/stocks/news/sebi-approves-framework-for-creating-social-stock-exchange/articleshow/86586140.cmsWB-IMF Meeting Schedule - https://www.worldbank.org/en/meetings/splash/annual/overviewCivil Society Policy Forum - https://www.worldbank.org/en/events/2022/06/16/civil-society-policy-forum-annual-meetings-2022#1

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 expecting a recession and are thinking of downsizing the workforce. Here is your weekly round up of economy and finance.Listen Up!Links from the podcast:https://www.thehindu.com/business/Economy/rbi-says-letter-to-govt-on-missing-inflation-target-not-to-be-made-public/article65955902.ece https://indianexpress.com/article/india/ec-asks-parties-to-explain-how-they-plan-to-finance-poll-promises-draws-opposition-fire-8190263/ https://www.business-standard.com/article/companies/most-ceos-expecting-a-mild-and-short-recession-kpmg-2022-outlook-122100400876_1.htmlhttps://www.business-standard.com/article/current-affairs/climate-aid-to-developing-nations-to-take-a-hit-amid-global-headwinds-122100300827_1.html https://www.business-standard.com/article/current-affairs/climate-aid-to-developing-nations-to-take-a-hit-amid-global-headwinds-122100300827_1.html https://www.inspectionpanel.org/sites/www.inspectionpanel.org/files/documents/ipn-updated-2022-operating-procedure-final-draft-18-Jul-2022-open-consultation.pdfhttps://accountabilitycounsel.org/2022/09/recommendations-to-improve-the-world-banks-accountability-process-from-57-civil-society-organizations/

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://science.thewire.in/environment/banks-exposure-coal-green-finance/https://theprint.in/economy/price-of-defending-rupee-sliding-by-3-6-bn-week-indias-forex-sees-steepest-fall-in-decade/1130792/https://www.businesstoday.in/latest/economy/story/why-are-indias-foreign-reserves-depleting-and-what-could-it-mean-for-the-country-347234-2022-09-14 https://www.transunioncibil.com/suit-filed-cases/https://www.moneylife.in/article/banks-outstanding-jumps-over-3-times-to-rs858-lakh-crore-in-just-5-years/68465.htmlRegister for Public Event and Comic Book Launch here - https://forms.gle/WC4LPoa8eUnLP6A5A

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 economy and finance!Listen Up!Links from the podcast:https://www.business-standard.com/article/current-affairs/share-of-women-employees-in-cpses-dip-in-fy21-to-9-35-says-survey-122092001062_1.htmlhttps://www.india.com/news/india/discrimination-sole-factor-of-employment-inequality-for-women-in-rural-india-oxfam-report-5633537/https://www.business-standard.com/topic/gender-gaphttps://www.timesnownews.com/business-economy/economy/rbi-gets-around-8000-complaints-against-nbfcs-lending-apps-likely-to-announce-regulations-for-fintechs-article-92974437/amp#amp_tf=From%20%251%24s&aoh=16636420399124&referrer=https%3A%2F%2Fwww.google.comhttps://timesofindia.indiatimes.com/business/india-business/discounted-russia-crude-gives-india-rs-35000-crore-gain/articleshow/94288223.cmshttps://www.statista.com/statistics/326017/weekly-crude-oil-prices/https://economictimes.indiatimes.com/industry/energy/oil-gas/after-russian-flows-dry-up-india-pays-up-to-double-price-for-gas/articleshow/94308333.cmshttps://debtjustice.org.uk/wp-content/uploads/2022/09/Open-letter-from-experts_09.22.pdfhttps://www.theguardian.com/world/2022/apr/11/blackrock-urged-to-delay-debt-repayments-from-crisis-torn-zambiahttps://www.theguardian.com/global-development/2022/sep/02/crisis-hit-zambia-secures-13bn-imf-loan-to-rebuild-stricken-economyhttps://forms.gle/WC4LPoa8eUnLP6A5A

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 investments despite getting so many tax benefits.  All this is happening while India slips down further in the Human Development Index. Here is your weekly round-up of economy and finance!Listen Up!Links from the podcasthttps://indianexpress.com/article/business/states-may-have-niti-aayog-like-bodies-soon-8147315/https://www.thehindu.com/opinion/lead/the-poor-state-of-indias-fiscal-federalism/article65690849.ecehttps://www.livemint.com/economy/fm-nirmala-sitharaman-india-inc-hanuman-asks-why-not-invest-in-manufacturing-11663059534491.htmlhttps://mpra.ub.uni-muenchen.de/93164/1/MPRA_paper_93164.pdfhttps://www.financialexpress.com/economy/india-committed-to-privatisation-bank-reforms-repositioning-economy-amid-global-challenges-fm-sitharaman/2655677/https://thewire.in/government/how-privatisation-is-leading-to-growing-inequality-in-indiahttps://indianexpress.com/article/opinion/columns/the-solution-to-indias-stunted-improvement-on-the-human-development-index-improving-access-to-quality-education-8149358/https://www.livemint.com/companies/news/reliance-industries-to-build-world-s-largest-carbon-fibre-plants-details-here-11661767018077.htmlhttps://energy.economictimes.indiatimes.com/news/oil-and-gas/fresh-capex-likely-to-boost-rils-revenue-visibility-and-profit/93891673?https://www.accessnow.org/open-letter-to-the-world-bank-digital-id-systems/

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 loan. Here is your weekly round-up of economy and financeListen Up!Links from the podcast:https://indianexpress.com/article/india/daily-wagers-rise-suicide-2021-ncrb-data-8118526/https://www.telegraphindia.com/india/inequality-has-deepened-under-modi/cid/1846864https://indianexpress.com/article/cities/mumbai/most-suicides-reported-from-maharashtra-8119748/https://www.business-standard.com/article/opinion/india-s-q1-gdp-disappointing-numbers-122083101122_1.htmlhttps://www.business-standard.com/article/economy-policy/india-s-q1fy23-gdp-grows-13-5-govt-data-122083100703_1.html#:~:text=The%20gross%20domestic%20product%20(GDP,16.2%25%20released%20earlier%20this%20monthhttps://indianexpress.com/article/world/sri-lanka-budget-to-bolster-revenue-and-fight-inflation-as-imf-talks-progress-8120719/ https://indianexpress.com/article/explained/explained-global/imf-sri-lanka-economic-crisis-aid-explained-8124961/ https://indianexpress.com/article/india/economist-abhijit-sen-passes-away-8119885/https://indianexpress.com/article/opinion/columns/economist-abhijit-sen-believed-in-power-of-policy-to-achieve-growth-and-alleviate-poverty-8121561/

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 podcast:https://www.business-standard.com/article/economy-policy/rbi-moots-tiered-charge-on-payments-via-upi-releases-discussion-paper-122081701280_1.htmlhttps://www.ndtv.com/india-news/real-time-payments-solution-upi-to-remain-free-centres-clarification-3273992https://www.cenfa.org/reserve-bank-of-india-or-the-richmen-bank-of-india/ https://indianexpress.com/article/opinion/columns/if-fm-sitharaman-can-take-credit-for-economic-success-she-must-take-blame-for-failures-8107754/https://economictimes.indiatimes.com/industry/energy/oil-gas/no-lpg-subsidy-to-households-rs-200-lpg-dole-limited-to-ujjwala-beneficiaries/articleshow/91964500.cmshttps://indianexpress.com/article/explained/explained-global/chile-new-constitution-explained-8060221/https://act.progressive.international/newchile/ https://indianexpress.com/article/explained/everyday-explainers/explained-fitch-says-adani-is-over-leveraged-what-does-over-leveraging-mean-in-business-8108575/https://thewire.in/economy/as-freebie-debate-rages-what-defines-revdi-nobody-really-knows

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-accepts-centre-s-request-to-allow-idbi-bank-bidders-to-own-over-40-122072501258_1.htmlhttps://economictimes.indiatimes.com/markets/stocks/earnings/idbi-bank-q1-results-profit-rises-25-to-rs-756-crore/articleshow/93029233.cms?from=mdrhttps://www.thehindubusinessline.com/news/privatisation-of-idbi-bank-will-be-opposed-strongly-aiboa/article65255287.ece  https://indianexpress.com/article/india/amid-member-shortage-nclt-to-hear-only-urgent-cases-online-8079005/https://www.financialexpress.com/industry/universe-of-bidders-shrinks-ibc-recovery-falls-to-new-low-of-10/2514537/ https://www.climatepolicyinitiative.org/publication/landscape-of-green-finance-in-india-2022/https://www.business-standard.com/article/current-affairs/india-s-annual-green-finance-just-one-fourth-of-its-needs-finds-study-122081100004_1.html  https://thebastion.co.in/politics-and/we-dont-want-electricity-at-the-cost-of-lives-the-toxic-impact-of-okhlas-waste-to-energy-plant/

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 financeListen Up!Links from the Podcast:https://jubileedebt.org.uk/wp-content/uploads/2022/05/Debt-and-public-spending_May-2022.pdfhttps://indianexpress.com/article/opinion/columns/freebie-subsidy-compensation-lets-reset-terms-debate-8078602/ https://ndtv.in/india/rewari-culture-pm-modi-cautioned-the-public-with-the-election-announcements-of-providing-free-facilities-3163825https://www.livehindustan.com/ncr/story-they-are-traitors-delhi-cm-arvind-kejriwal-on-rewari-culture-6909166.htmlhttps://www.business-standard.com/article/finance/states-share-in-central-taxes-come-down-to-29-32-against-recommended-41-122080800593_1.html .https://www.business-standard.com/article/economy-policy/delay-could-make-7th-economic-census-data-trivial-says-house-panel-122080801607_1.htmlhttps://news.abplive.com/news/india/sab-gayab-si-rahul-gandhi-s-new-salvo-at-modi-govt-calls-nda-no-data-available-govt-1544041https://thewire.in/government/two-members-of-indias-national-statistical-commission-quit-over-bodys-ineffectiveness