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How the Rise of Global Inflation Will Play Out in Indian Politics -MK Venu

-TheWire.in Today, fuel prices are at an all-time high. Once the genie of inflation is out of the bottle, as it does once in a decade or so, no amount of narrative spinning by the Modi government will work. This year is likely to herald the return of global inflation in ways not seen in the past 20 years. We have witnessed inflation remaining rather subdued from the beginning of this century....

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Calcutta's test positivity rate touches 55 per cent, highest among 721 districts nationwide -GS Mudur

-The Telegraph One in every two persons tested for Covid-19 has been found positive over the past week One in every two persons tested for Covid-19 in Calcutta has been found positive over the past week with the city’s test positivity rate touching 55 per cent, the highest among 721 districts nationwide. Eleven other Bengal districts — Howrah, West Burdwan, East Burdwan, North 24-Parganas, South 24-Parganas, Birbhum, Malda, Darjeeling, Hooghly, Bankura and Purulia...

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Co-Lending: A Double Deal for Recolonising Peasantry, Helping Corporate Cronies -Prabhat Patnaik

-Newsclick.in Through “nationalised Banks-NBFC” deals, the Modi government is trying to achieve what the three farm laws could not achieve. In colonial times, the peasantry had to borrow from private moneylenders. According to Provincial Banking Enquiry Committee reports, these moneylenders in turn borrowed from commercial Banks. But while disbursing credit to the peasants and charging exorbitant interest rates, the money lenders at least bore the whole of the lender’s risk. The Banks...

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Sustainable farming in Banswara creates new livelihood sources -Mohammed Iqbal

-The Hindu CM’s economic advisory team studies model for replication. A sustainable natural farming system adopted in southern Rajasthan’s Banswara district, which has created new livelihood sources and brought food security to indigenous tribal communities, has impressed the Chief Minister’s Economic Transformation Advisory Council. The model is being considered for replication elsewhere in the State. A 20-member team of the Council visited Banswara district’s Amlipara village earlier this week to study the techniques...

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The cold truth about India’s income inequality -Seema Chishti

-The Hindu Far from pushing for social and economic equality, the state is fanning systems and principles to strengthen the divide The latest edition of the World Inequality Report (https://bit.ly/3Fx8vv4 and https://bit.ly/3EvazlY) has confirmed that the world continues to sprint down the path of inequality. “Global multimillionaires have captured a disproportionate share of global wealth growth over the past several decades: the top 1% took 38% of all additional wealth accumulated since...

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