-The Hindu The central argument of Almåsa et al., that this is seen in countries with weak institutions, is corroborated in India G.K. Chesterton, the writer, asserted in The Flying Inn (1914): “The rich are the scum of the earth in every country”. Perhaps not all but many. Our contention is that their selfishness, criminality and corruption aggravate inequality. Much experimental evidence corroborates this hypothesis. Some insights A particularly compelling case for ‘Selfish Rich Inequality’...
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UGC wants universities to offer up to 40% of courses online. Professors don’t see the point -Kritika Sharma
-ThePrint.in UGC Wednesday asked institutions to make courses available via govt platform SWAYAM. Academics question move, citing issues like need for classroom instruction & lack of infrastructure. New Delhi: The University Grants Commission (UGC) has asked universities to offer up to 40 per cent of the courses in any programme online on SWAYAM, the Central Government’s Massive Open Online Courses (MOOCs) platform. Academics have questioned this move, citing issues such as the need...
More »The Return of Food Inflation: Why it’s Different this time -Samridhi Agarwal and Harish Damodaran
-Centre for Policy Research Since the start of this calendar year, annual consumer price index (CPI) inflation has ruled not only above the Reserve Bank of India’s (RBI) target of 4%, but even its upper tolerance level of 6%, for every month from January to May. If we take the 38 months from April 2019 to May 2022 – roughly coinciding with the Narendra Modi-led government’s second term (Modi 2.0) –...
More »What is the financial position of the 5 states described as stressed by RBI? -Tina Edwin
-MoneyControl.com Bihar, Kerala, Punjab, Rajasthan and West Bengal could face a crisis if they fail to curb non-merit expenditure, the central bank has warned A study of fiscal parameters of states by the Reserve Bank of India (RBI) identified Bihar, Kerala, Punjab, Rajasthan and West Bengal as highly stressed due to their high debt levels, the quality of expenditure and the level of fiscal deficit. These states could face a crisis if...
More »New Labour Codes From July 1? Trade Unions Will Continue to Oppose Changes -Ronak Chhabra
-Newsclick.in Trade unions fear that the four Labour Codes will dilute workers’ rights, but union leaders also note that many deadlines for the implementation of the codes have been missed by the Centre in the past. New Delhi: India’s Central Trade Unions (CTUs) say they will continue opposing the codification of labour legislations, fearing it will dilute the “hard-won” rights of the workers, even as media reports speculate the implementation of the...
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