-Press release by Freedom from Bondage movement dated 6 September, 2022 New Delhi: As we mark #75thIndependenceDay & #AzadiKaAmritMahotsav, thousands of people who have been evicted from their homes in slums, Jhuggies, settlement colonies and informal sector workers who have been denied their livelihood without any rehabilitation have gathered at Jantar Mantar to raise their voice against the “Bulldozer Raj”. The government is forcibly snatching the land of poor Dalits and...
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With the NEP's Focus on 'Autonomy', Are We Ushering in a Spirit of Academic Capitalism? -Pramod K Nayar
-TheWire.in Commentators see the National Education Policy 2020's emphasis on choice, modularity and autonomy as disquieting because they see it as pushing the education system into a neoliberal governance mode. In a perspicacious commentary on the National Education Policy 2020 (NEP), social scientist Satish Deshpande noted that multiple exit options “will certainly help in renaming drop-outs as certificate or diploma-holders. But they cannot ensure that these credentials will bring significant benefits for...
More »Public sector banks have ensured financial inclusion, finds a new empirical study
Are public sector banks (PSBs) important for the economy? Have the PSBs served the purpose for which they were created? Could the PSBs compete efficiently against the private sector banks (PVBs)? These are some of the questions, which have been answered by a chapter in the RBI Bulletin's August edition. Efficiency of PSBs Co-authored by Snehal S Herwadkar, Sonali Goel, and Rishuka Bansal (2022) of the Banking Research Division, Reserve Bank of...
More »India sees sharp decline in IT sector's ability to fund trade deficit -Krishna Kant
-Business Standard A relatively slower growth in IT Services exports has made India ever more dependent on capital inflows and workers remittances to fund its trade and the overall current account deficit IT services are India's single biggest export and a key source of foreign exchange. But there has been a sharp decline in the IT industry’s ability to fund India’s fast-growing merchandise trade deficit and current account deficit. Please click here to...
More »India Has Come a Long Way Since 1947, But Much Still Needs to Be Done -Virginius Xaxa
-TheWire.in The need of the hour is to reorient policies built on equity, not only economic, political and social, but also ecological and environmental. India is completing the 75th year of its independence. It is a moment of celebration and, at the same time, an occasion to remember all those known and unknown who laid down their lives during a long struggle to make India free from the yoke of colonial rule. It...
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