-Livemint.com Overwhelming support for Modi government in rural India despite lack of day jobs and money crunch, finds Gaon Connection-CSDS survey New Delhi: Borrowing money to run households; wage work coming to a standstill; farmers unable to sell their harvest on time and at a fair price; a drop in income for most families; yet, an overwhelming support for Narendra Modi-led federal government’s management of the covid-19 crisis. These are some of...
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India to save Rs 35,758 crore on key fuel subsidies -Rajeev Jayaswal
-Hindustan Times As per prevailing international prices, the expected subsidy on kerosene sold through the public distribution system in the current financial year is zero. India is expected to save Rs.35,758 crore on kerosene and cooking gas subsidies this year, which is over 91% of the total budgeted fuel subsidy for 2020-21, mainly because of low international oil prices, according to two officials who asked not to be named. As per prevailing international...
More »No Sign of Revival: Garment Biz Ostagars, Tailor-workers of West Bengal Despair -Rabindra Nath Sinha
-Newsclick.in The dearth of capital will make a return to normalcy difficult for ostagars even when there will be a visible improvement and the authorities muster courage to lift all the restrictions. Kolkata: “We are passing through the worst phase in our 17 years old enterprise BabyGarments.in and we have no clue when we will see the first signs of revival”. This is how a middle-aged woman entrepreneur and proprietor of BabyGarments,...
More »AIKSCC holds protests against agri Ordinances
-The Hindu Business Line Hyderabad: Hundreds of activists of AIKSCC (All-India Kisan Sangarsh Coordination Committee) have participated in several protest meets in Andhra Pradesh and Telangana on Sunday. They held demonstrations to protests against three recent Agricultural Ordinances and Electricity Amendment Bill, saying the moves will cause harm to the primary sector. Demonstrations were held in 400 villages in Andhra Pradesh and 250 villages in Telangana. The AIKSCC demanded that the Union Government withdraw...
More »No economic reason to privatise banks -Aunindyo Chakravarty
-The Tribune Is there a case to be made for privatisation to help the government raise funds and reduce its fiscal burden and avoid having to recapitalise them every now and then? It is based on an entirely faulty understanding of why the govt needs to own banks. Banks are instruments through which capital flows into the economy. Bank privatisation is a hot topic again. It kicked off when Finance Minister Nirmala...
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