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Loan moratorium case: Waiver of complete interest not possible, says Supreme Court

-The Indian Express The apex court refused to interfere with the Centre's and Reserve Bank of India (RBI's) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision. Refusing to interfere with the government and RBI’s decision to not extend the loan moratorium period beyond Aug 31, the Supreme Court on Tuesday said it cannot do a judicial review of Centre’s financial policy decision...

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The Peasants Movement Constitutes a Major Crisis for Corporate Capital -SP Shukla

-TheCitizen.in The corporate capital has launched a final assault in its desparate bid to extricate itself from the worst crisis it has encountered. Having swallowed industry, trade and finance, it has now turned its greedy eyes on land and peasantry, along with peoples’ assets in the public sector including public infrastructure and services in health, education and social welfare. Most importantly, it has its gaze fixed on fertile tropical and subtropical land and...

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Opposition parties cry foul on farm report -Anita Joshua

-The Telegraph A day later, Congress and TMC, which has the chairmanship of the committee, said it was a misrepresentation and evidence of the BJP’s “dirty tricks department in action ” New Delhi: Opposition parties were left scrambling for an explanation after a parliamentary panel in which they had representation green-signalled one of the three contentious farm laws in a report tabled in Parliament on Friday. In the report tabled in the Lok...

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Modi’s India proves that liberal economics can happily coexist with political illiberalism -Indrajit Roy

-Scroll.in Going against conventional wisdom, the Indian middle class is not a source of liberalism. A profound contradiction lies at the heart of contemporary India’s political economy. On the one hand, it embraces economic liberalism. In September 2020, it legislated laws aimed at liberalising agriculture from state-guaranteed protections. The recent budget, passed in February, was high on promises of accelerating divestment of public sector undertakings. On the other hand, however, this enthusiasm...

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Cutting across party lines, House panel tells govt to give effect to 1 of 3 farm laws -Harikishan Sharma

-The Indian Express The stated position of most of these parties is against all three laws; the Congress wants them repealed. The Standing Committee on Food, Consumer Affairs and Public Distribution, which has members from 13 parties including BJP, Congress, TMC, AAP, NCP and Shiv Sena, has asked the government to implement the Essential Commodities (Amendment) Act, 2020 in “letter and spirit.” The Act is one of the three contentious farm laws against...

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