-The Hindu The swell of public opinion in China has enabled government regulation and change in company policy On September 20, 2021, the Indian Federation of App-based Transport Workers, on behalf of gig workers, filed a public Interest litigation in the Supreme Court demanding that the Union government provide succour to workers affected by the pandemic. The petition has asked for ‘gig workers’ and ‘platform workers’ to be declared as ‘unorganised workers’...
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In bank deposits, a tale of strength and sorrow -Aparna Iyer
-Livemint.com The banking system’s y-o-y deposit growth had slowed to 8.62% by August from about 10% at start of FY22 It is a foregone conclusion that the covid-19 pandemic forced Indians to save more by curtailing the opportunities to spend in FY21. This has stretched to the current financial year because of the second wave of the pandemic. However, a look at the ownership pattern of bank deposits reveals some Interesting nuggets. Please...
More »IMF’s Issue of Fresh SDRs -Prabhat Patnaik
-Networkideas.org The International Monetary Fund has announced a fresh issue of $650 billion Special Drawing Rights in August which would be distributed among member countries in proportion to their IMF quotas. This amount is less than what had been demanded by many, which was a trillion dollars, but it does represent a small temporary comfort for the heavily indebted third world countries. Almost all of it will go into the pockets of...
More »UN Food Systems Summit marginalizes human rights and disappoints, say experts
-United Nations Human Rights Office of The High Commissioner GENEVA 22 SEPTEMBER 2021: On the eve of the Food Systems Summit, UN human rights experts are deeply concerned that the event will not be a “people’s summit” as promised. They are worried that the Summit will instead leave behind the most marginalized and vulnerable people. According to the three human rights experts, who were involved in the Summit preparation, “The Summit claims...
More »Fertility rates of Hindus and Muslims converging: study
-The Hindu India’s religious mix has been stable since 1951, says Pew Center study The religious composition of India’s population since Partition has remained largely stable, with both Hindus and Muslims, the two largest religious groups, showing not only a marked decline but also a convergence in fertility rates, according to a new study published by the Pew Research Center, a non-profit based in Washington DC. The study, based on data sourced from...
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