-The Hindu Association for Democratic Reforms says the income of national parties from unknown sources increased by 313% The total income of national and regional political parties between 2004-05 and 2014-15 stood at Rs. 11,367 crore, with the highest of Rs. 3,982 crore being the Congress’s share. However, 69% of the income of these parties was from unknown sources, according to an analysis done by the Association for Democratic Reforms (ADR). The income...
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FinMin agencies find no counterfeit notes in post-demonetisation search operations -AM Jigeesh
-The Hindu Business Line Chennai tops in seizure of money, Delhi is a distant second New Delhi: The Finance Ministry has said that no counterfeit currency was seized by any of its agencies during searches conducted between November 8 and December 30. In a written response to questions posed by Parliament’s Public Accounts Committee, which is looking into demonetisation and its impact on monetary policy, the Ministry said an amount of Rs....
More »Want to know how India's richest 1 percent are wealthier than the bottom 70 per cent? Read on -Leela Prasad
-The Indian Express Studying micro economies such as Bastar gives us the tools to highlight the rising inequality between the bourgeoise and proletariat. New Delhi: In Delhi University professor Nandini Sundar’s meticulously researched book, The Burning Forest: India’s War in Bastar, the plight of the adivasis struggling to make ends meet paints a striking picture of the growing wage disparity in the “Maoist state”. Wages paid to the adivasis are strictly controlled...
More »How the NDA Diluted Tribal Rights to 'Save' Mining Companies From Losing Mines to Fresh Auction -Nitin Sethi
-TheWire.in Data compiled by the mines ministry notes several thousand hectares of mineable area has potentially been prevented from being auctioned, saving the companies that own them money and costing the exchequer in terms of revenue foregone. New Delhi: The Narendra Modi government changed regulations meant for protection of tribal rights, forests and environment in order to ensure that more than 130 mines do not face fresh auctions and are instead retained...
More »How Demonetisation Has Accelerated Tamil Nadu's Deepening Agrarian Crisis -R Ramasubramanian
-TheWire.in Out of the 144 recorded farmer suicides, over 40 were from outside the Cauvery delta region. Observers and farmers directly attribute demonetisation as one major factor behind the suicides. Tamil Nadu is facing one of its worst agrarian crises since independence. All of the state’s 32 districts have been officially declared as ‘drought-affected’. In a statement issued on January 10, chief minister O. Panneerselvam announced that the move was necessitated following...
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