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India’s Economic System Rigged in Favour of the Super-Rich, Says Oxfam Report -Ditsa Bhattacharya

-Newsclick.in The report points out that in India, during the pandemic the wealth of billionaires increased from Rs 23.14 lakh crore to Rs 53.16 lakh crore. At the same time, more than 4.6 crore Indians are estimated to have fallen into extreme poverty in 2020. While 84% of households in India suffered a decline in their income in a year marked by the tremendous loss of life and livelihoods, the number of...

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Co-Lending: A Double Deal for Recolonising Peasantry, Helping Corporate Cronies -Prabhat Patnaik

-Newsclick.in Through “nationalised banks-NBFC” deals, the Modi government is trying to achieve what the three farm laws could not achieve. In colonial times, the peasantry had to borrow from private moneylenders. According to Provincial Banking Enquiry Committee reports, these moneylenders in turn borrowed from commercial banks. But while disbursing credit to the peasants and charging exorbitant interest rates, the money lenders at least bore the whole of the lender’s risk. The banks...

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Haryana: Khattar’s ‘Gift’ Not Enough, Anganwadi Workers’ Strike to Continue, Says Union -Ronak Chhabra

-Newsclick.in Waged since December 8, the strike action has resulted in the operations of almost 26,000 Anganwadi centres in 22 districts across the state to come to a grinding halt. New Delhi: Protesting Anganwadi workers and helpers in Haryana on Thursday said that the state-wide strike that forced the state Chief Minister Manohar Lal Khattar to announce a slew of financial incentives for the all-women workforce a day earlier, will continue in...

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Uttar Pradesh Worst Performer in NITI Aayog Health Index, Kerala top for 4th Year -Abdul Alim Jafri

-Newsclick.in The poll-bound state ranked the worst in institutional deliveries both in 2014-15 and 2019-20. Lucknow: With less than three months left for the Assembly elections, the Yogi Adityanath government has received some less than flattering news with Uttar Pradesh (UP) once again figuring at the bottom of 19 large states and Left-rule Kerala emerging as the state with the best overall health performance for the fourth consecutive year on the fourth...

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MSP Will Stop Corporate Encroachment in Agriculture, Ensure Domestic Food Security -Navpreet Kaur and C Saratchand

-Newsclick.in A guaranteed MSP system will also reduce public storage costs/wastage if it is complemented by a universal public distribution system. The year-long protest by farmers and workers compelled the Centre to repeal the three contentious farm laws, which were designed to further corporate encroachment in agriculture, on November 29. On December 11, the protest ended but not before the protesters reiterated their demand for a legal guarantee on Minimum Support Price...

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