-Newsclick.in Through “nationalised banks-NBFC” deals, the Modi government is trying to achieve what the three farm laws could not achieve. In colonial times, the peasantry had to borrow from private moneylenders. According to Provincial Banking Enquiry Committee reports, these moneylenders in turn borrowed from commercial banks. But while disbursing credit to the peasants and charging exorbitant interest rates, the money lenders at least bore the whole of the lender’s risk. The banks...

-The Hindu In the last few months, the industries have seen 30% to 40% fall in orders Coimbatore: Micro and small-scale enterprises here have appealed to the Central and State governments not to re-introduce restrictions even as COVID-19 cases rise in the country. Coimbatore District Small Industries Association president M.V. Ramesh Babu said the raw material prices have seen a slight drop and workers are available for the current level of orders. In...

-Newsclick.in A guaranteed MSP system will also reduce public storage costs/wastage if it is complemented by a universal public distribution system. The year-long protest by farmers and workers compelled the Centre to repeal the three contentious farm laws, which were designed to further corporate encroachment in agriculture, on November 29. On December 11, the protest ended but not before the protesters reiterated their demand for a legal guarantee on Minimum Support Price...

-The Telegraph UGC asks varsities to amend their rules to bring them in sync with the new system A group of university teachers and students on Friday criticised the National Education Policy as a document designed to “corporatise” education through the “excessive” use of online content, saying it would take higher education beyond the reach of the poor and marginalised. At a news conference, Delhi University teacher Nandita Narain highlighted NEP initiatives such...

-Hindustan Times The decision has been taken in view of the prevailing Covid-19 situation. A notification was issued by additional chief secretary Dr Devesh Kumar Chaturvedi on Sunday, Livehindustan reported. The Yogi Adityanath government has banned strikes across the states for six months. A notification was issued by additional chief secretary Dr Devesh Kumar Chaturvedi on Sunday, Hindustan Times’ sister publication Livehindustan reported. It states that the strike is being banned in any...