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Why privatising public assets is poor economics, impetus to greater wealth inequality -Prabhat Patnaik

-The Indian Express The only difference between a fiscal deficit and selling public assets lies in the nature of the government paper that is handed to the private sector, but the macroeconomic consequences of a fiscal deficit on the economy are no different from those of selling public assets. The government has adduced no reasons for the proposed privatisation of several public sector assets other than to generate resources for its spending....

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Justice NV Ramana, a judge who upheld civil liberties -Krishnadas Rajagopal

-The Hindu Justice Ramana, as Supreme Court judge, has been part of various decisions ranging from electoral issues to rights of women to bringing the Chief Justice of India’s office under the ambit of the Right to Information. Several years before he began his journey, which will eventually see him being sworn in as the 48th Chief Justice of India, Nuthalapti Venkata Ramana undertook an arduous journey by truck with ₹10 in...

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PM Housing Fund: DHFL Directors Scammed Thousands Of Crores, Says CBI -Arvind Gunasekar

-NDTV The Pradhan Mantri Awas Yojana (PMAY) is a central scheme to ensure housing for all and was announced in October 2015 New Delhi: The CBI on Wednesday unearthed a scam linked to the Pradhan Mantri Awas Yojana (PMAY) and registered a case against Kapil and Dheeraj Wadhawan, brothers who are promoters of crisis-hit Dewan Housing Finance Limited (DHFL) and are in jail over fraud and Money-laundering charges. According to the CBI, Kapil...

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India abstains in UN Human Rights Council vote on Sri Lanka -Meera Srinivasan

-The Hindu The resolution on ‘Promoting reconciliation, accountability and human rights in Sri Lanka’ was however adopted after 22 member states of the 47-member Council voted in its favour.   India on Tuesday abstained from a crucial vote on Sri Lanka’s rights record at the United Nations Human Rights Council in Geneva. The resolution on ‘Promoting reconciliation, accountability and human rights in Sri Lanka’ was, however, adopted after 22 states of the 47-member...

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Farming in Araria, cutting cane in Karnal -Parth MN

-RuralIndiaOnline.org Ramesh Sharma is among lakhs of farmers from Bihar who earn more by working as farm labourers in Haryana than by harvesting the maize they grow at home Ramesh Sharma can’t remember the last time he spent an entire year at home. “I have been doing this for the past 15-20 years,” he says, while cutting sugarcane in a field in Gagsina village in Haryana’s Karnal district. For half of the year...

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