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Has personal loans seen a rebound ahead of the festive season? The answer is in the negative

Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...

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Farmers Across 20 States Block Roads to Protest Against Farm Laws

-The Indian Express Farmers participated in the protests at more than 5,000 locations across India, and similar demonstrations in larger numbers are expected to be held in New Delhi later this month. New Delhi: At least one million farmers across 20 states took to the streets on Thursday against the three recently passed agriculture laws and the proposed Electricity Amendment Bill, All India Kisan Sangharsh Coordination Committee (AIKSCC) leader Avik Saha told...

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There is much in the labour codes that needs to be discussed and debated -Ravi Srivastava

-The Indian Express Government’s response to migrants’ plight, economic crisis, has been to unilaterally bring changes in labour laws. But industrial prosperity cannot be built on a race to the bottom for workers. Only weeks ago, India, and the entire world, witnessed the spectacle of the country’s employment precarity pour out on its roads and highways — men, women and children, in distress of having lost jobs, income and shelter, with no...

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Farmers protest in Haryana and Punjab: All you need to know -Shankhyaneel Sarkar

-Hindustan Times Farmers fear that the ordinances will disrupt the mandi system of marketing and also hamper the selling of products at minimum selling Farmers in Haryana and Punjab have been protesting against three ordinances passed by the Centre. The protests began on Thursday when the Bharatiya Kisan Union (BKU) staged a rally and blocked National highway 44 near Kurukshetra. The farmers were charged by the Haryana Police for not following Covid-19...

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Three ordinances and a protest: Why Haryana and Punjab farmers are angry -Harish Damodaran, Anju Agnihotri Chaba and Parthasarathi Biswas

-The Indian Express These protests, preceded by sit-ins across Punjab, are expected to gather steam after September 14, when Parliament convenes for the Monsoon Session. Jalandhar, New Delhi and Pune: On Thursday, farmer organisations in Haryana defied prohibitory orders imposed amid the pandemic to hold a rally at the Pipli wholesale grain market near Kurukshetra. They even blocked the Delhi-Chandigarh national highway for a couple of hours, when the police initially did...

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