-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...
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In Punjab and Haryana, Acres of Infestation Leave Cotton Farmers Devastated -Prabhjit Singh
-TheWire.in The pink bollworm attack has left deaths by suicide in its wake. The authorities, farmers say, are late in even conducting preliminary surveys. Mansa (Punjab)/Fatehabad (Haryana): There is silence in the cotton fields of Punjab and Haryana where farmers are uprooting plants after having sprayed multiple rounds of pesticides in vain. The pink bollworm has ravaged cotton crops in the country’s north, mainly in the districts of Bathinda and Mansa in Punjab...
More »Trafficking survivors took more loans at higher rates, finds study -Shiv Sahay Singh
-The Hindu Second wave of COVID-19 forced vulnerable women to take high risk loans beyond their repaying capacity Kolkata: Months after she was rescued, 16-year-old Asma, a resident of Sunderbans in South 24 Parganas, took a loan of ₹20,000 from local Moneylenders in May 2020 to rebuild her life. The first wave of COVID-19 had made it difficult to get any work. A year later, in May 2021, Ms. Asma, who was...
More »Remembering Santal Hul: The First Struggle Against Imperialism -Nolina S Minj and Rahi Soren
-TheWire.in It was indeed an unequal conflict, as the Santals unflinchingly fought with bows and arrows against troops armed with artillery – an indicator of how precious self-rule was to them. The 1857 uprising of Indian sepoys is commonly considered to be the first war of independence in Indian history, even though it was preceded by tribal revolts such as the Halba rebellion of 1774, the Bhil revolt of 1818, and the...
More »200 Plus Days - Farm Laws, Farmers and Food -SG Vombatkere
-TheCitizen.in The Farmers’ agitation starting November 26 2020, was against three Farm Laws. The Essential Commodities Amendment Act, 2020, (ECA Act) is one of them. ECA Act amends the Essential Commodities Act, 1955, (EC Act) enacted “in the interest of the general public, for the control of the production, supply and distribution of, and trade and commerce”, and more precisely, “for controlling the rise in prices or preventing the hoarding of any...
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