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Remembering Santal Hul: The First Struggle Against Imperialism -Nolina S Minj and Rahi Soren

-TheWire.in It was indeed an unequal conflict, as the Santals unflinchingly fought with bows and arrows against troops armed with artillery – an indicator of how precious self-rule was to them. The 1857 uprising of Indian sepoys is commonly considered to be the first war of independence in Indian history, even though it was preceded by tribal revolts such as the Halba rebellion of 1774, the Bhil revolt of 1818, and the...

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The Poverty of Economic Conservatism -Prabhat Patnaik

-NetworkIdeas.org In terms of economic policy, the Modi government must be perhaps the most conservative in the world. During the entire period of the pandemic when millions of people lost their incomes and livelihood support, most governments around the world provided universal cash transfers to the people, but not the Modi government. True, many other third world countries too did not provide such universal cash transfers, but their hands were tied;...

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Tamil Nadu’s revenue, fiscal deficits understated in 2018-19: CAG

-The Hindu There was a total expenditure of ₹1.34 crore without appropriation by legislature Tamil Nadu’s revenue deficit of ₹23,459.44 crore during 2018-19 was understated by ₹3,757.23 crore and fiscal deficit by ₹1,300.49 crore primarily owing to short transfers totalling ₹1,366 crore towards various reserve funds, such as sinking fund and guarantee redemption fund, according to the Comptroller and Auditor-General’s report on State finances for the year ended March 2019. There were...

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Policy creep: On e-commerce and overregulation risks

-The Hindu Overregulation risks retarding growth and job creation in the e-commerce sector  Barely 11 months after the Government notified the Consumer Protection (E-Commerce) Rules, 2020, the Department of Consumer Affairs has mooted a set of sweeping amendments, ostensibly “to protect the Interests of consumers... and encourage free and fair competition in the market”. Among them is a norm stipulating the appointment of a chief compliance officer, a nodal contact person for...

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Chinese loan apps misuse KYC details of Indians to set up fake bank accounts -Mithun MK

-TheNewsMinute.com There have been cases of people saying that their KYC details, which were shared with the Chinese loan apps, were used to open bank and crypto exchange accounts in their names, without consent. Shonali*, a 48-year-old lecturer from West Bengal was laid off from a private university in March 2020. The lecturer, facing financial stress, turned to Chinese-owned instant loan applications that provide microloans without collateral, but at high-Interest rates. Shonali...

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