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Harsh Mander: Covid-19 has left India’s workers more powerless than ever before -Harsh Mander

-Scroll.in They are now alone in the world, hungry, jobless and with zero bargaining power and protection – and the employers know that. It was early on a rainy morning in early August 2021, when the dreaded second wave was just abating. We drove to Company Bagh, in the Walled City of Old Delhi, to check if work had revived for Delhi’s casual daily wage workers. Thousands of these workers gather every...

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RBI lifts interest cap on microfinance institutions, bans usurious rates

-Business Standard Borrower cannot be charged any amount not been explicitly mentioned in a factsheet, says regulator. The Reserve Bank of India (RBI) on Monday released its final guidelines for microfinance loans, lifting an interest cap and allowing companies to have a board-approved policy to price for such lending. The RBI will continue checking that microfinance institutions do not charge usurious rates. The regulator said each entity has to disclose pricing related information...

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Census should not be just data-oriented: House panel

-The Hindu ‘It should portray culture and society’ The Parliamentary Committee on Home Affairs has said that the coming census exercise “should not merely be data-oriented; rather it should portray the perspective of culture and society.” Members of the panel felt that since the current census has not commenced yet, an effort should be made on the part of the Ministry of Home Affairs (MHA) through the Registrar General of India (RGI) to...

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35 charts decoding the 2022 Uttar Pradesh verdict: bipolarisation and BJP consolidation -Gilles Verniers, Srishti Gupta and SV Sai Vikas

-Scroll.in The trajectories of parties’ vote share since 1993 indicate the magnitude of transformation of the state’s politics. The Bharatiya Janata Party has made history by winning a consecutive election in Uttar Pradesh at the end of a five-year term, something that only Sampurnanand, the state’s second chief minister, succeeded to do in 1957. The BJP’s victory is all the more impressive as it also increased its vote share, from 39.7% to 41.3%....

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