-TheWire.in In an application seeking to implead itself in the 'freebies' petition, the party said in its first three years, the Narendra Modi government wrote off loans worth Rs 72,000 crore of the Adani Group. New Delhi: The Dravida Munnetra Kazhagam (DMK), the ruling party of Tamil Nadu, said the petition on “freebies” is politically motivated and asked if the BJP-led Union government’s move to waive off loans of companies is not...
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Govt. has an active role to play during the pandemic in terms of nutritional support, education & jobs, says IFPRI report
A recent report by the International Food Policy Research Institute (IFPRI) states that the countrywide lockdown imposed on 25th March, 2020, which was extended for nearly two months in phases, affected the food and nutritional status of vulnerable sections of the Indian population. It says that a programme like the Mid-Day Meal Scheme covers four-fifth of primary-school-aged children in the country that helps in improving not only nutrition but also...
More »Technology enabled digital labour platforms are not adhering to labour norms, points out new ILO report
Although services provided by the gig and platform workers touch the lives of each one of us, we have little knowledge about the role of digital labour platforms in transforming the world of work. Such digital labour platforms have created unprecedented opportunities for workers, businesses and society. However, they also pose serious threats to decent work and fair competition. A recent report by the International Labour Organisation (ILO) shows that the...
More »Union budget fails to address 'urgent' spending needs in social sector: Oxfam
-Counterview.net Even as calling Finance Minister Nirmala Sitharaman’s budget “historic”, top international NGO Oxfam, pointing towards “some gaps” in it, “especially while addressing inequalities on the lines of caste, class, gender and occupation”, has regretted that the budget “does not address the urgent spending needs in the social sector, especially in health and education.” In a statement, Oxfam India quotes CEO stating that “the Union Budget 2021 has failed to address inequality...
More »Has personal loans seen a rebound ahead of the festive season? The answer is in the negative
Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...
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