-Livemint.com Labour unions are reinventing their strategy to stay relevant in today’s world New Delhi: Ajitesh Pandey, a law student in Calcutta University, is excited about the 2 September strike called by labour unions. With almost child-like enthusiasm, the member of the Indian National Trade Union Congress (INTUC), has been sharing pictures, slogans, and details related to the protest with his friends and colleagues. Pandey’s excitement reflects a surprising vibrancy in how unions...
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Nationwide strike by trade unions today, essential services likely to be hit -Saubhadra Chatterji
-Hindustan Times New Delhi: Government transport in Haryana, Karnataka and Telangana, industrial areas in the National Capital region, hotels in Himachal Pradesh and banks and insurance offices across India may not function on Friday as central trade unions will hit the streets for a general strike. Last year, the trade union’s strike saw an estimated 15 crore workers take the day off. “This year we expect the figures to be higher,” said...
More »31% rural households indebted, paying heavy interests despite various govt schemes: Panel -Iftikhar Gilani
-DNA Only 17% rural households take loans from financial institutions | Caste affiliation, gender play a part in getting credit As many as 31% of rural households in India are indebted and a significant number still depend on money-lenders, paying heavy interests, despite various government schemes and a network of rural banking. A parliamentary panel that probed the state of rural, agricultural banking found that a mere 17% rural household had taken...
More »Goods and Services Tax (GST), explained
-The Indian Express The Goods and Services Tax (GST), the biggest reform in India’s indirect tax structure since the economy began to be opened up 25 years ago, at last looks set to become reality. The Constitution (122nd) Amendment Bill comes up in Rajya Sabha today, on the back of a broad political consensus and boosted by the ‘good wishes’ of the Congress, which holds the crucial cards on its passage....
More »Reaping distress -Jayati Ghosh
-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...
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