KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
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3-day MGNREGA dharna concludes today after highlighting the demands of the workers to the media & policymakers
-Press note by NREGA Sangharsh Morcha dated August 4, 2022 On the final day of the 3-day dharna, despite heavy rains, hundreds of mazdoors from 15 states stayed on at Jantar Mantar to continue raising their voices. Currently, 14 states are running a negative balance on NREGA funds, and 64 percent of the budget for this financial has already been spent. More than Rs. 6800 crores are due in wages to...
More »Modi’s net worth ₹3.07 crore, rises by ₹22 lakh, as per his latest declaration -Saubhadra Chatterji
-Hindustan Times PM Modi, like many ministers, doesn’t have any stock market exposure and his investments continue to be in the form of National Savings Certificate ( ₹8.9 lakh), life insurance policies ( ₹1.5 lakh) and L&T infrastructure bonds, which he bought in 2012 for ₹20,000 Prime Minister Narendra Modi’s net worth is ₹3.07 crore as per his latest declaration, a rise of ₹22 lakh from last year’s ₹2.85 crore, according to...
More »Vijoo Krishnan, joint secretary of the All India Kisan Sabha (AIKS), interviewed by Payel Majumdar Upreti (The Hindu Business Line)
-The Hindu Business Line People from different spheres and strata of life joined farmers at the Kisan Mukti March in Delhi last month From scientists, artists and doctors to lawyers, retired jawans and students, thousands came together to support a march by farmers in Delhi last month. The November 29-30 Kisan Mukti March to Parliament, organised by The All India Kisan Sangharsh Coordination Committee (AIKSCC), an alliance of over 200 farmers’ organisations,...
More »How Govt Milking of Cash Cow LIC is Endangering India's Most Trusted Life Insurer -Praneta Jha
-Newsclick.inGovt is repeatedly turning to LIC for its disinvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&FS. Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have...
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