-TheWire.in The tragedy of the migrant workers in India will be witnessed repeatedly unless the Supreme Court becomes an ‘activist’ court once again. The most recent order of the Supreme Court of India in the case of Bhandua Mukti Morcha v. Union of India has been cause for much adulation and has restored the faith of some in India’s judiciary. While the apex court has made all the right noises in terms of...
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Will the new e-commerce rules really favour consumers? -Prashanth Perumal
-The Hindu The intent of the rules is unclear and there are several consumer protection rules already in place In June, the Union Ministry of consumer Affairs, Food and Public Distribution came out with a list of proposed amendments to the consumer Protection Act of 2019. These include appointment of a Chief Compliance Officer and a Resident Grievance Officer, provisions of fallback liability, registration of e-commerce entities and a ban on flash...
More »Last resort: Indians in distress are selling gold & third wave could only make it worse -Swansy Afonso
-ThePrint.in The likelihood of financial distress caused by the 2nd wave is much higher & it could lead to more outright sales of gold, unlike in 2020, when people chose to take out loans against gold. Mumbai: Paul Fernandes, a 50-year-old waiter in India, last year took out a loan using his gold as collateral to pay for his children’s education after losing his job on a cruise liner. This year, he...
More »‘One in three couldn’t afford food year-round in 2020’ -Richard Mahapatra
-Down to Earth Pandemic-induced poverty and rise in food prices keep healthy diet out of reach of three billion people Good food or just food? “Our choice is always the latter. We need to survive.” Sukru Ojha, the 56-year-old resident of Koraput, Odisha told Down To Earth in April in reply to a query on whether the novel coronavirus disease (COVID-19) pandemic-induced income loss impacted his food intake. Koraput is one of...
More »Inflation remains above 6% for second month
-The Hindu Growth impulses remained fragile, manufacturing output tanked 9.5% After touching a six-month high in May, India’s retail inflation was virtually unchanged in June at about 6.3%, remaining out of the central bank’s comfort zone for a second month in a row. Economists expect the Reserve Bank of India (RBI) to revisit its inflation estimate of 5.1% for 2021-22 and stressed that lack of fiscal policy action to cool prices could precipitate...
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