-TheWire.in Today, fuel prices are at an all-time high. Once the genie of inflation is out of the bottle, as it does once in a decade or so, no amount of narrative spinning by the Modi government will work. This year is likely to herald the return of global inflation in ways not seen in the past 20 years. We have witnessed inflation remaining rather subdued from the beginning of this century....
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Assam's growth rate declines, fiscal deficit, Debts rose in 2019-20: CAG
-PTI/ Business Standard Assam has recorded a decline in its growth rate while its fiscal deficit, outstanding Debt and public Debt have increased significantly at the end of 2019-20, a CAG report said Guwahati: Assam has recorded a decline in its growth rate while its fiscal deficit, outstanding Debt and public Debt have increased significantly at the end of 2019-20, a Comptroller and Auditor (CAG) report on state finance for the period...
More »UP: Far From Doubling Income, Suicide Woes Shadow Engulf Farmers -Saurabh Sharma
-Newsclick.in The Centre has on many occasions announced to double the farmer’s income but the reality on the ground paints a different picture. Suffocated under a cycle of Debt, some of them are allegedly taking the extreme step. Banda: Ram Ruchi was just 22 at the time of his death. A young farmer from Majra Pandin village in Banda district hanged himself to death on the ill-fated day of October 7, 2021....
More »How the Code on Wages ‘legalises’ bonded labour -Soumya Sivakumar
-The Hindu It allows employers to extend unlimited advances to workers and charge an unspecified interest rate on such loans Debt bondage is a form of slavery that exists when a worker is induced to accept advances on wages, of a size, or at a level of interest, such that the advance will never be repaid. One of India’s hastily-passed Labour Codes — the Code on Wages, 2019 — gives legal sanction...
More »Health account numbers that require closer scrutiny -Indranil
-The Hindu The reduction of out-of-pocket expenditure that the NHA highlights is essentially due to a decline in utilisation of care Low public spending on health in India has meant that people depend heavily on their own means to access health care. It causes rich-poor, rural-urban, gender and caste-based divides in access to health care, pushes people to poverty, and forces them to incur Debt or sell assets. As a result, our...
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