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In February, output of core sectors contracts by 4.6%

-The Hindu/ PTI It is the steepest contraction in the last six months The output of eight core sectors declined by 4.6% in February, the steepest contraction in the last six months, which, experts said, could drag the overall industrial production in the month into the negative territory. All the key segments, including coal, crude oil, natural gas, and refinery products, witnessed a decline in production, according to the official data released on...

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Lest We Forget: One Year After the Labour and Migration Crisis

-Press release by Working Peoples Charter (WPC) Network dated 23rd March, 2021 A statement on the condition of India’s migrant workforce one year after the COVID-19 lockdowns 24 March marks the anniversary of India’s harsh nationwide COVID-19 lockdown when we witnessed an unparalleled impact on the country’s poor, particularly internal migrants who comprise a 140 million-strong workforce. In 2020, India saw the largest urban-rural exodus in its history, with millions of workers...

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The Peasants Movement Constitutes a Major Crisis for Corporate Capital -SP Shukla

-TheCitizen.in The corporate capital has launched a final assault in its desparate bid to extricate itself from the worst crisis it has encountered. Having swallowed industry, trade and finance, it has now turned its greedy eyes on land and peasantry, along with peoples’ assets in the public sector including public infrastructure and services in health, education and social welfare. Most importantly, it has its gaze fixed on fertile tropical and subtropical land and...

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20 states gets additional borrowing permission of Rs 39,521 crore

-The Telegraph They have completed the 'ease of doing business' reforms stipulated by the department of expenditure Twenty states have completed the “ease of doing business” reforms stipulated by the department of expenditure, which would enable them to get an additional borrowing permission of Rs 39,521 crore through open market borrowings, the finance ministry said on Saturday. “States completing ease of doing business reforms are eligible for additional borrowing of 0.25 per cent...

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West Bengal Assembly Elections: From land movement to industry, Singur’s resistance has come full circle -Shiv Sahay Singh and Sudipta Datta

-The Hindu Amid Trinmool-BJP clash in the Hooghly belt, Left revives former CM’s slogan, pushing for development. Singur: A pile of drain pipes surrounded by farmlands reaping a good potato harvest is all that remains on the 997-acre plot in Singur where the Tata Motors’ Nano factory once stood. It is almost impossible to locate the site of the factory whose structure was demolished by controlled explosions after the Supreme Court verdict in...

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