-Newsclick.in No scheme touches them, no law reaches them – but they hope that a better deal for farmers will benefit them. At the Ghazipur border between Delhi and Uttar Pradesh, Manish and a few of his friends have joined the farmers’ dharna only a few days back. They live in Baghpat district, barely a few dozen kilometres from the protest site but it could be another continent, or another age. “In the...
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The anatomy of a stock market bubble staring India in the face -Vivek Kaul
-Livemint.com Easily buyable shares, a gush of cheap money and a burst of speculation have over-inflated prices On 18 December, the price to earnings (PE) ratio of the Nifty 50 stock market index reached an all-time high of 37.84. This was around 87% higher than the average PE ratio of 20.26 since 1 January 1999. The PE ratios of the Nifty 50 and other broader indices continue to remain at extremely high levels....
More »The country should worry about further worsening of economic inequality in the post-COVID period
The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...
More »Amid protests over agri laws let's look at how some countries support farmers -Richard Mahapatra
-Down to Earth Every day, 54, mostly developed countries give nearly $2 billion in support to their farmers The sites of the farmers’ protests on the borders of Delhi are a microcosm of Indian peasantry — rich and poor, small and big, irrigated and rainfed and supported and not supported. The voices from these sites have now merged into one clarion call: Guarantee government support to farmers by legalising the minimum support...
More »Criminal leaders rise during mining booms -Tauseef Shahidi
-Livemint.com A new study from India links the rise in mineral prices to the electoral success of politicians with violent crime records The mining sector in India has earned a bad name for itself due to its frequent links with corruption and crime. Bribes are often given away for licences and approvals, and whistleblowers risk violence. A new study has found that a boom in the mining sector can even be linked...
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