-The Hindu Country enters technical recession. India’s Gross Domestic Product (GDP) contracted 7.5% in the second quarter of 2020-21, following the record 23.9% decline recorded in the first quarter, as per estimates released by the National Statistical Office on Friday. The country has now entered a technical recession with two successive quarters of negative growth. However, the economy’s performance between July and September when lockdown restrictions were eased is better than most rating...
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Refining trade union strategies to strike a chord -KR Shyam Sundar
-The Hindu With labour law reforms set to change industrial relations, trade union responses must include social dialogue too Ten central trade unions (CTUs) have called for a nation-wide strike on November 26, 2020 to condemn what they consider to be the anti-people, and anti-labour economic policies of the government. This follows strikes in the coal and defence sectors protesting privatisation and the corporatisation policies of the government. It is essential to...
More »Bengal, Kerala agree to Centre's GST borrowing formula
-The Telegraph Three states — Punjab, Jharkhand and Chhattisgarh — have not accepted the proposals yet Bengal and Kerala have dropped their opposition to the Centre’s borrowing option to bridge the gap in the Goods and Services Tax revenue receipts. The two states have opted for the limited borrowing option under which the Centre will borrow funds and pass them on to the states but the debt will be recognised in the balance...
More »MSP Procurement: Real freedom for farmers -Devinder Sharma
-The Indian Express Amidst continuing protests by Punjab and Haryana farmers against the Centre’s new farm laws, about 3-4 lakh tonnes of paddy arrives every day in Punjab mandis from Bihar and Uttar Pradesh. As the paddy marketing season comes to an end, it is estimated that more than three million tonnes of paddy has already reached Punjab mandis in the kharif marketing season this year. This is because in the...
More »TRP fraud case: Police file 1,400-page chargesheet
-The Indian Express The owners of Republic media and News Nation have been named as wanted accused in the chargesheet. The police said they were likely to charge them in a supplementary chargesheet later. The Mumbai Police Crime Branch on Monday filed a 1,400-page chargesheet in the alleged fake Television Rating Points (TRP) case, naming six channels, including those of Republic Media Network and News Nation, as allegedly paying money to boost...
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