-The Indian Express An ordinance to overturn the Supreme Court order on SC/ST Atrocities Act is much needed The controversial judgment on the SC/ST Atrocities Act has yet again brought to the foreground the faultlines of our democracy. A cornered government, anticipating political repercussions, has moved the apex court for a review of the judgment. In its written submissions, it has stated that the judgment has created disharmony in society and violated...
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Can goats secure livelihood for small and marginal farmers?
-Down to Earth The Centre's discussions on boosting the goat sector to double farmers’ incomes may be futile if fodder and grazing lands, both diminishing, are not ensured Since goats were domesticated 10,000 years ago, they have been poor people’s most reliable livelihood insurance. In India, goats are the most reliable source of earning a living in ecologically degraded areas. The reason: a goat has everything a poor or a person...
More »Government attempts damage control as ATMs run dry -Sandeep Phukan
-The Hindu Jaitley blames ‘spurt in demand’; Congress recalls note ban Amidst reports of a cash crunch from different parts of the country, Union Finance Minister Arun Jaitley said the government was “tackling the issue quickly” to overcome a “temporary shortage” caused by a sudden spurt in demand. But with hash tags #cashcrunch and #ATM trending on Twitter all day, Opposition leaders launched a scathing attack on the government. Minister’s assurance Responding to the currency...
More »Insolvency and Bankruptcy Code: BJP claims Rs 4 lakh crore recovery; RBI data tell a different story -Sunny Verma
-The Indian Express As against this claim, the Reserve Bank of India's latest data shows that the public sector banks could recover a total of only Rs 15,786 crore in the fiscal year 2016-17 and 2017-18 till December 31 through all recovery channels, including IBC. The BJP claimed on its Twitter account on Saturday that the “Insolvency and Bankruptcy Code (IBC), 2016 has resulted in recovery of Rs 4 lakh crore out...
More »Rural Distress: 9 Crore Applied For MGNREGS Work Last Year -Subodh Varma
-Newsclick.in Shrinking farm incomes, frozen wages and lack of jobs is driving people to work in the scheme for a pittance. Nearly 9 crore Indians applied for work in the rural jobs guarantee scheme (MGNREGS) in 2017-18, according to data put out by the ministry of rural development. That’s a staggering 42% of the rural work force. Of those who applied for work, some 1.4 crore persons (or about 15%) were turned...
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