-TheWire.in/ Business StaNDArd Over 50 years, the loan repayment value will be much higher based on the inflation differential Prime Minister Narendra Modi has claimed the bullet train offered to India by Japan is virtually free of cost. A 50-year yen loan amounting to Rs 88,000 crore at 0.1 % interest is being described by the prime minister as free of cost. This is patently absurd. India can have as many bullet trains...
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Sikar: No Longer Just a Farmers' Movement, But a People's Movement for Farmers -Neha Mishra
-Newsclick.in Report from the nerve-centre of the massive farmers' movement in Sikar, Rajasthan, which has won the support of people from all sections of society. The Sikar district of Rajasthan has seen various mass movements in different times in the past. But nothing like what is happening today. Unlike many other cases where the middle class starts complaining whenever there is a mass agitation, this farmers’ movement, with its eleven genuine...
More »In loan waiver shocker, farmers of Uttar Pradesh get relief of 19 paise -Haidar Naqvi and Brajendra K Parashar
-Hindustan Times Many farmers have been left bewildered as the Uttar Pradesh government headed by chief minister Yogi Adityanath follows up on its poll promise of waving farm loans. Kanpur/ Lucknow: Ishwar Dayal, a marginal farmer of Bhartana in Etawah of Uttar Pradesh, was in for a shock when he was handed over by district officials a certificate saying his outstanding farm loan amounting to 19 paise has been waived. He says he...
More »Trade Unions Reject the Wage Code Bill 2017
-Newsclick.in The Labour Ministry introduced the Code on Wages Bill 2017 in the Lok Sabha on August 10, with the ostensible aim of ensuring a statutory national minimum wage and other protections to all wage workers in the country. The Code seeks to replace the four existing laws relating to wages &NDAsh; the Payment of Wages Act, 1936; the Minimum Wages Act, 1948; the Payment of Bonus Act, 1965; and the Equal...
More »Too good to be true: How MNREGA 'improvements' are actually costing workers their wages -Ankita Aggarwal
-Scroll.in Inability of local officials and infrastructure to cope with the complex technologies driving the scheme could be leaving lakhs of workers unpaid. This year’s Economic Survey lists several “improvements” in the Mahatma Gandhi National Rural Employment Guarantee Act brought about since 2014-’15. Mostly, these “improvements” are technological initiatives &NDAsh; greater convergence with other programmes, “geo-tagging” of MNREGA assets. They have not made a difference on two of the stated purposes &NDAsh; timely...
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