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Nitin Sethi Profile picture
Nitin Sethi
@nit_set
Journalist. Member of The Reporters' Collective @reporters_co. Visiting Faculty at Ashoka University @AshokaUniv Email: Nitin@reporters-collective.in
Oct 2, 2018 • 7 tweets • 3 min read
#GST thread. Stay with me: This govt wont share real GST data. Instead we fall for its stupid press releases every month. They mean near zilch. This is what the central govt has really collected by August. Net of refunds and settlement - the only way GST nos should be read. It is erroneous to merely compare total Rs 1 lakh per month target for states+centre with press releases which do not account for how IGST was settled each month. So, these cant tell what the Centre really got. This table shows how erratic IGST settlement has been.
Sep 8, 2018 • 7 tweets • 2 min read
#thread i remembered there was a colour to the memories of those years. There were so many people who brought the depth of that colour to my life. Pulled a very few of them out.
Aug 23, 2018 • 9 tweets • 3 min read
#Thread on #NPAs. Stay with me.

RBI revealed this in an RTI: At the end of March 2018, a record high 7,990 borrowers of above Rs 5 crore had not repaid a whopping Rs 3.71 lakh crore to banks for 1-30 days after due date. That is a four-year high record of early defaulters! 1/n 2/n. These early defaults rose by a record 281.9 per cent over December 2017 when they stood at only Rs 972 billion . On a year-on-year basis, the rise is almost 228 per cent - the highest growth of early stage overdue repayments in 4 years.
Jul 12, 2018 • 12 tweets • 3 min read
Thread on #InstituteofEminence and the #Jio drama. Stay with me till the end, if you can pls.

1. How do we define Crony Capitalism? When the govt makes rules that favour a few and gives these few an unfair (but, by virtue of these crafted rules, now legal) advantage over others. 2. What was the govt's idea behind #InstituteofEminence? To unshackle higher education from UGC's regulations and monitoring.

Why? Coz govt believes these UGC regulations are bureaucratic, cumbersome and hold higher education institutes from delivering with flexibility
Mar 27, 2018 • 11 tweets • 5 min read
Thread #ChipkoMovement 1/n: The movement began as a protest by both men and women of Reni and Lata village in Chamoli district of Uttarakhand asking for their rights over lands and forest resources, including rights to be the labour that harvests the timber. #ChipkoMovement 2/n: It was a movement to control land, forest and labour resources. It was later given this 'save the environment' hue to suit other interests and narratives. In fact one of its key leaders in the Chamoli hills came from the and was not of the Gandhian views.