-Newsclick.in A World Bank study ignores slumping economy and raging joblessness to praise ‘reforms’. A charming little bromance seems to be brewing between the World Bank and India’s Modi-led government. A series of reports by the World Bank has praised Modi for various kinds of “reforms”. The latest is the so called “Doing Business” report of the World Bank which lavishes praise on the Modi govt. for making it easier to do...
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'Workers get more pay, fewer days off in Delhi than Mumbai' -Sidhartha
-The Times of India Working in Delhi is more remunerative than Mumbai but you may have to do with fewer days off than in the country's financial capital. But if you are an employer, you may prefer to be in Mumbai, not because of lower wages, but Due to value added by workers being higher than the wage. The World Bank's Ease of Doing Business report released on Tuesday shows that a...
More »One year after demonetisation: Credit card use up but balance Due surges by 39 per cent -George Mathew
-The Indian Express In fact, card outstandings have shot up by 77.74 per cent in the last two years, from Rs 33,700 crore in September 2015. Mumbai: Nearly A year after demonetisation, credit card usage has seen a sharp rise with outstandings rising 38.7 per cent during the 12 months ended September 2017. The total credit card outstandings - money spent by card holders and not repaid to the card company or...
More »Odisha's deadly farmlands: Another farmer commits suicides Due to crop loss -Priya Ranjan Sahu
-Down to Earth Between 2001 and 2010, over 2,600 farmers committed suicide in Odisha and this year, drought has already broken their economic backbone Brunda Sahu, a farmer in Odisha’s Bargarh district, set his paddy field on fire on Tuesday after he was frustrated with the alleged cold response of the district administration to the crop damaged by pests. A day later, he went to the same field in Kalapani village in...
More »An unequal passage -Jasmine Shah
-The Indian Express Delhi metro’s fare increase prices out the poor. Those arguing against offering subsidies ignore the multiplier effect of an affordable mass transit system. The most enduring image I have of the Delhi metro is that of a shared ride with a construction worker. His shoes and clothes, turned a uniform grey by dirt, told the story of a hard day’s work spent on a construction site. A comfortable ride...
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