-MoneyLife.in While lenders harass individual or small borrowers to the point of even releasing the borrowers’ photos to the press for publishing them, it appears that big corporate defaulters are bestowed with immunity from such humiliation. They are a protected species. In fact, Reserve Bank of India (RBI) even declined to reveal to the Lok Sabha the details of loans written off of major corporates. In a written reply, Dr Bhagwat Karad,...
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How India’s Govt Is Setting In Place A New Structure For A Dysfunctional Parliament -Prakhar Raghuvanshi
-Article-14.com The government of Prime Minister Narendra Modi is increasingly bypassing Parliament through executive fiat by promulgating an average of 11 ordinances a year, almost twice the number under the previous government, which averaged six. Legislative scrutiny is at its lowest point: from 70% of bills referred to committees in the previous Lok Sabha to 11% during the current. Jodhpur: On 14 November 2021, the President of India promulgated two ordinances, The...
More »UP: It’s not Back to Square One After Farm Law Scrapping -Subodh Varma
-Newsclick.in There are too many reasons why people, especially farmers, are angry with the Yogi-Modi ‘double engine’ government. Prime Minister Narendra Modi’s announcement that his government will repeal the three farm laws came with just a few months left for crucial Assembly elections in Uttar Pradesh and Punjab, which were crucibles of the year-long farmers’ struggle against these notorious laws. It is but natural that the connection between the announcement and the...
More »Modi govt slashes excise duties on petrol by Rs 5, and diesel by Rs 10 -R. Suryamurthy
-The Telegraph The cut was announced a day after the declaration of by-election results in 29 Assembly seats and 3 Lok Sabha seats, wherein BJP suffered setback in some states The Narendra Modi government has finally buckled under pressure from consumers, voters and the Opposition and slashed excise duties on petrol by Rs 5 a litre and on diesel by Rs 10 a litre. From Thursday in Calcutta, the price of petrol will...
More »Latest available PLFS data sheds light on unpaid helpers in self-employment & underemployment among various types of workers
Generally, economists refer to indicators like Worker Population Ratio (WPR), Labour Force Participation Rate (LFPR) and Unemployment Rate (UR) in order to assess the extent of joblessness and work related precarity at a particular period of time in a certain geographical area. However, there are other indicators too, which can help in understanding the job situation, livelihoods security and vulnerability of workers in a better way such as 'percentage distribution...
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