-The Hindu Lender cites high bad loans for drastic move in two States; Marathwada, Vidarbha to be impacted Mumbai: In an unusual move, a state-run lender, Bank of Maharashtra, has decided not to extend loans in eight zones in Maharashtra and Madhya Pradesh that include Aurangabad, Latur, Akola, and Amravati, which are hit by drought. The bank cited high bad loans from agricultural advances in the branches of these zones for the decision....
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PM's pension scheme: Two months into launch, workers not keen, call it poll gimmick -Christina George
-The Indian Express Makhan Lal, a construction worker who is on the verge of quitting work because of a dislocated shoulder, says: “I haven’t heard of Modi’s pension scheme or Rahul Gandhi’s NYAY... what I know is that we will remain poor, this basti will continue to have open sewage and during rains our houses will be under sewer water.” Chand Lal, 45, was back at his 8×8 feet shanty in...
More »Bhopal gas tragedy among world's 'major' accidents of 20th century: UN report
-PTI/ United Nations According to recent estimates released by the ILO, each year 2.78 million workers die from occupational accidents and work-related diseases (of which 2.4 million are disease-related). The 1984 Bhopal gas tragedy which killed thousands of people is among the world’s “major industrial accidents” of the 20th century, a UN report has said, warning that 2.78 million workers die from occupational accidents and work-related diseases each year. The report released...
More »No change in MGNREGA wage rates observed between 2018-19 and 2019-20 for 4 states & 2 UTs
Non-payment of MGNREGA wages on time to workers and non-revision of daily wage rates, among other things, have kept the poor away from the programme in many states. When the notified daily wage rates under the Mahatma Gandhi National Rural Employment Guarantee (2005) Act (MGNREGA) for 2019-20 was announced on 26th March 2019, it became clear that the existing wage rates were not revised (viz. as compared to 2018-19) in...
More »Caught up in polls is a drought forgotten -Sayantan Bera
-Livemint.com * Over 40% of India is in the grip of abnormally dry conditions. Will the elections bring any relief? * The situation in Maharashtra is approaching the 2016-like crisis, when consecutive years of drought forced the state government to supply drinking water to Latur by train NEW DELHI: Between November of last year when Sharad Markad opened a cattle relief camp in drought-hit Ahmednagar district in Maharashtra and now, the price of...
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