-Livemint.com * The spike in auto-debit failures suggest that the pain may have only just begun for India’s small borrowers * With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis MUMBAI: For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at...
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State of Rural and Agrarian India Report 2020 reveal the vulnerabilities faced by Indian agriculture
-Press release by Network of Rural and Agrarian Studies (NRAS), dated 30th November, 2020 The “State of Rural and Agrarian India Report 2020” was released by Dr. V Ramgopal Rao, Director, IIT Delhi today in an online webinar organised by the Network of Rural and Agrarian Studies (NRAS). This report is being brought out by the NRAS, which is a pan-India network of scholars, researchers, practitioners, farmers, students, and activists engaged...
More »Has personal loans seen a rebound ahead of the festive season? The answer is in the negative
Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...
More »Farmers’ Protests in Punjab — Through the Historical Lens of Social Movements (Part 2) -Harjeshwar Pal Singh
-Punjabtodaytv.com How does the present Kisan movement in Punjab, against new Farm Laws, measure up to previous historical lessons? As far as goal or objectives are concerned, this movement has largely been consistent and limited in its approach. Its main demand has been: repeal the three Farm Acts and guarantee MSP. However, as the centre continues to be obdurate, and everything pointing towards a long-drawn struggle, pressure to widen the scope of...
More »Online News Portals, Content Providers Now Under Government Regulation -Arvind Gunasekar
-NDTV.com New Delhi: The government has issued an order bringing online news portals and content providers such as Netflix under the Information and Broadcasting ministry. At present, there is no law or autonomous body governing digital content. The Press Council of India takes care of the print media, the News Broadcasters Association (NBA) monitors news channels, the Advertising Standards Council of India is for advertising while the Central Board of Film Certification (CBFC)...
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