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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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Self reliance and FDI dependence -Surabhi Agarwal, Bobby Ramakant and Sandeep Pandey

-The Indian Express Privatisation does not make a self-reliant nation. A decentralised, people-centric approach to development will help Mahatma Gandhi’s conception of self-reliance was of simple living and self-sufficiency. The basic idea was to use local resources and a local workforce for the production of commodities for local consumption to the extent possible, with minimal dependence on the outside world. But the Indian government’s clarion call for “Atmanirbhar Bharat” (self-reliant India) has...

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The lockdown has highlighted stark inequalities -Zoya Hasan

-The Hindu Instead of embracing the welfare state path, the BJP government is encouraging greater Privatisation The novel coronavirus is a global threat, but the pandemic has had an uneven impact across countries and within countries. Historically, social inequality has always been extreme in India. However, the lockdown has sharpened the edges of inequality even further, especially because of the way it has been implemented. Many countries have imposed lockdowns but not...

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Covid-19 will test, reshape the State -Yamini Aiyar

-Hindustan Times Today’s choices will determine the future of the Indian State’s relationship with citizens The only certainty in the coronavirus-induced global chaos is that the idea of the nation-state as the all-powerful, enforcer of social order is back. After decades of globalisation, neo-liberalisation and Privatisation, in this moment of crisis, people across the globe are looking to their national governments and willingly giving up their civil liberties in favour of absolute...

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Informal sector workers don’t have the privilege to stay at home & work online in the time of COVID-19

After the outbreak of COVID-19 in China during early January this year and its dissemination globally within a few days, health experts have suggested ways to check its spread exponentially among the rest of the population. In the age of internet connectivity, work-from-home and self-isolation have been advised as solutions to ensure social distancing and avoid large-scale social gatherings. Experts have asked governments and private enterprises to keep people at...

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