-Newsclick.in The roots of the present economic slowdown squarely lie within the neoliberal trajectory, which has led to a crisis of overproduction. Demonetisation and ‘hasty’ GST only aggravated it. With former prime minister Manmohan Singh resurfacing on the political landscape and articulating once more the orthodox neoliberal position, one can now clearly discern three distinct perspectives on the current economic slowdown. The FIRst is the orthodox neoliberal position that Singh has now articulated....
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After seeking import, Union govt slaps steep export charge on onions -Parthasarathi Biswas
-The Indian Express The steep MEP will, in a way, stop all outbound shipment of onions from India. THE UNION government on Friday slapped a steep Minimum Export Price (MEP) of $ 850 per tonne on onions, virtually putting brakes on the export of the produce. This is the FIRst time that a MEP has been imposed on onions this year. Simply put, henceforth exports will not be allowed if the consignments...
More »Centuries-old Andhra Pradesh cashew industry in dire straits
-The Hindu The factories in Vetapalem are in an immediate need of mechanisation ONGOLE: The cashew industry, which has flourished for hundreds of years in Vetapalem village near Chirala town in Prakasam district, is beginning to show the FIRst warning signs of a slump. Cashew units are reportedly struggling to sustain operations in the wake of a shortage of raw material and a skilled workforce, with fingers being pointed at the Mahatma Gandhi...
More »What data says about FIRst 100 days of Modi 2.0 -Sneha Alexander & Vishnu Padmanabhan
-Livemint.com Contrary to?perceptions that auto slowdown is driven by changing millennial preferences, data shows that millennials, in fact, do want to purchase?cars Through a dedicated booklet (100 Days of Bold Initiatives and Decisive Actions) and press conferences across the country, the Bharatiya Janata Party (BJP) has launched a publicity blitz celebrating its achievements in the FIRst 100 days of its return to power. But are the BJP’s claims and promises grounded in...
More »New traffic rules under Motor Vehicles Act: States that have put the brakes on hefty fines for violations
-The Indian Express New Traffic Rules 2019: Under the Motor Vehicles Act, 2019, heavy fines are being imposed for offences like over speeding, drunk driving and driving without a helmet. However, several states are not happy with the hefty fines and have expressed reservations on implementing the Act. The Motor Vehicles Amendment Act has waded into controversy with multiple states accusing the Centre of burdening the common man with heavy fines....
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