-The New Indian Express Nearly 1,500 technical education teachers across 18 states had joined on a temporary basis in technical institutions in backward or “aspirational” districts in 2018. NEW DELHI: Despite intervention by the Union education ministry, only two states so far -- Bihar and Uttarakhand -- have agreed to absorb pass-outs from the Indian Institutes of Technology and National Institutes of Technology that were recruited in engineering institutes in rural and...
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Are we witnessing depeasantisation in Indian agriculture?
The newly released Situation Assessment Survey of Agricultural Households and Land and Livestock Holdings of Households in Rural India (NSS 77th Round) establishes the fact that the farm households are more and more relying on wage incomes instead of 'net incomes from crop cultivation' for their livelihoods. In Marxian lexicon, proletarisation (a term that we can loosely use for depeasantisation) refers to the process in which the farmers/ tillers are...
More »In spite of RBI’s warning, Centre invested Rs 250 crore in Yes Bank in 2019-20
-Scroll.in The RBI had first flagged serious lapses in the Bank’s governance in 2018. The Centre invested Rs 250 crore with private lender Yes Bank in the financial year 2019-’20 even though the Reserve Bank of India had deemed the Bank as risky in 2018, shows the financial statement of the Prime Minister’s National Relief Fund. The investment in Yes Bank Fixed Deposit Receipts was made even as Finance Minister Nirmala Sitharaman last...
More »In Bank deposits, a tale of strength and sorrow -Aparna Iyer
-Livemint.com The Banking system’s y-o-y deposit growth had slowed to 8.62% by August from about 10% at start of FY22 It is a foregone conclusion that the covid-19 pandemic forced Indians to save more by curtailing the opportunities to spend in FY21. This has stretched to the current financial year because of the second wave of the pandemic. However, a look at the ownership pattern of Bank deposits reveals some interesting nuggets. Please...
More »SKM-called Bharat Bandh today to mark one year of 3 farm laws
-Hindustan Times In the states ruled by the BJP, elaborate security arrangements have been made to prevent farmer bodies and opposition parties to disrupt normal life. Additional security forces have been deployed in all districts in Madhya Pradesh, Uttar Pradesh, Haryana, Uttarakhand and Bihar. The 10-hour Bharat Bandh on Monday may disrupt road and rail traffic in states ruled by opposition parties as they are supporting the call for a general strike...
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