-Newsclick.in This is because the new farm laws have already paralysed mandis and traders are buying up paddy at lower prices. Even as farmer protests against the three new farm laws entered the 17th day, information available for mandis (wholesale markets) shows that a large proportion of this year’s paddy crop is being bought from farmers at much below the government declared Minimum Support Price (MSP). This could be attributed to the...
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Study points towards hunger and destitution amidst hope for a V-shaped economic recovery
Preliminary findings of a survey among 3,994 respondents from 11 states reveal that most vulnerable households and communities, such as SCs, STs, OBCs, PVTGs, slum dwellers, daily wage labourers, farmers, single women headed households, etc. continue to witness depressed incomes during September-October in comparison to their income levels prior to the lockdown. The face-to-face survey conducted by the Right to Food Campaign and Center for Equity Studies (instead of telephonic...
More »Real power is with Centre, which holds the purse-strings in these fiscally-challenging times -Harish Damodaran
-The Indian Express Post 2014, two centralisations — of political and economic power — continue to reinforce each other, with profound consequences for the country and potential to define popular narrative in days ahead. The return of single-party dominance and its implications for politics after nearly 25 years of minority/coalition governments at the Centre (December 1989-April 2014) has been widely commented upon. As have concerns over rising corporate market power and their...
More »Police station at Manipur’s Thoubal district chosen best in country
-The Hindu AWPS-Suramangalam in Tamil Nadu’s Salem city, Kharsang in Arunachal Pradesh’s Changlang, Jammikunta Town police station in Telangana’s Karimnagar district among top 10 Nongpok Sekmai police station in Manipur’s Thoubal district has been selected as the best police station in the country, fresh rankings for 2020 announced by the Ministry of Home Affairs (MHA) on Thursday said. The other nine top police stations are AWPS-Suramangalam in Tamil Nadu’s Salem city, Kharsang in...
More »What is a bank moratorium, and when does it come into play? -K Bharat Kumar
-The Hindu * When does the Reserve Bank of India intervene, and what are some of the key steps it takes? The story so far: On November 17, the Centre, acting on the recommendation of the Reserve Bank of India (RBI), imposed a moratorium on Lakshmi Vilas Bank (LVB) for a period of 30 days. The 94-year-old bank, based in Karur, Tamil Nadu, has been struggling with losses for three years. As...
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