-The Hindu There has been sharp rise in the NPAs amid COVID-19 pandemic With unemployment rising, the ability of those who have taken education loans to pay back has come down sharply. As a result, the non-performing assets (NPAs) have increased in the last one-and-a-half years. R. Nagarajan had taken a loan for his engineering course and started repaying it when he got a job at a start-up in the second half of...
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Hiding in the name of national security -Venkatesh Nayak
-Deccan Herald RTI applications processed by the defence ministry in 2019-20 fell by more than 16% from the previous year’s tally Barely two months ago, the central government trimmed the list of security and intelligence organisations partially excluded from the RTI Act, from 26 to 25. Now, the newly created Department of Military Affairs is seeking to add the Army, Navy and the Air Force to this list, to protect national security...
More »Centre's tax revenues grew despite stringent lockdown on the back of excise duties
-The Hindu Shift in tax burden comes at a time when pandemic has led to many job losses and reduced income levels In FY21, despite a stringent lockdown and a raging COVID-19 first wave, the gross tax revenue collected by the Centre increased over FY20. However, the increase was made possible by a sharp rise in contributions from union excise duties. This compensated for the sharp drop in the share of corporate...
More »'Supreme Court Ordered to Kill the Poor': Thousands Now Homeless After Khori Gaon Demolition -Naomi Barton
-TheWire.in 'When I made this house myself brick by brick, where were they then?' New Delhi: A few weeks after the Supreme Court ordered the demolition of the residential properties in Khori Gaon, bulldozers began to destroy the settlement under police and Army presence. Referred to by the Court as an encroachment, the settlement contains over 10,000 homes, with over 1 lakh residents (for scale, this is little under the population of the...
More »How did low-income women fare during the pandemic? -Gaurav Gupta
-IndiaTogether.org A survey of nearly 15,000 women in the aftermath of the pandemic-induced lockdown last year reveals specific ways in which women are particularly vulnerable to risks. This could provide valuable input for new interventions, writes Gaurav Gupta. After India's first nationwide lockdown was announced on March 24, 2020 a flurry of important, rapid research was conducted by multiple private, public, and social sector organisations to understand the effects of the pandemic....
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