-The Telegraph The Union budget is an embodiment of unequal fiscal policy The finance minister and her ministry have betrayed, once again, their lack of understanding of the Indian economy or the conditions under which most Indians are living today. Despite attempts to ‘talk up’ the supposed recovery, the economy is weak and most people are hurting. India has seen one of the biggest increases in the number of poor and hungry people...
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Six Major Phases That Defined the Farmers’ Movement in India -Vivek Gupta
-TheWire.in From SAD breaking off its alliance with the BJP to the Republic Day violence, the Lakhimpur Kheri incident and the Singhu border killings, the movement successfully forced the Modi government to repeal the laws. Chandigarh: While there were several ups and downs during the year-long farmers’ protests, there were six major phases that defined the movement and kept it alive. In June 2020, the Union Cabinet chaired by Prime Minister Narendra Modi...
More »Big Defaulters: When RBI Declines To Reveal to Parliament Details of Written-off Loans of Big Corporates
-MoneyLife.in While lenders harass individual or small borrowers to the point of even releasing the borrowers’ photos to the press for publishing them, it appears that big corporate defaulters are bestowed with immunity from such humiliation. They are a protected species. In fact, Reserve Bank of India (RBI) even declined to reveal to the Lok Sabha the details of loans written off of major Corporates. In a written reply, Dr Bhagwat Karad,...
More »Kisan Movement’s Direct Action Defeated not Just Modi Govt, but Imperialist Forces too -Prabhat Patnaik
-Newsclick.in While the farmers’ movement used the political threat of working against BJP in the coming elections, it also resorted to direct action, which is an extreme rarity under neo-liberalism. Particular battles often have a significance that goes beyond the immediate context, of which even the combatants may not be fully aware at the time. One such was the Battle of Plassey, which was not even a battle since one side's general...
More »TRIPS Waiver Proposal: Big Pharma Steering Discourse Away From Patent Monopoly -Richa Chintan
-Newsclick.in It appears the stage is being set to scuttle India and South Africa’s IP waiver proposal with regard to Covid vaccines and technology ahead of the 12th WTO Ministerial this month-end. At various global fora, Big Pharma and rich countries have been steadfastly pushing the focus toward supply-side bottlenecks of vaccines and unequal distribution of doses in a bid to steer the discourse away from the more contentious issue of patents...
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