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Financial boom at a time of economic stagnation -Sunanda Sen

-The Hindu The paradox becomes clearer by recognising the circuit of financial flows beyond the real economy Divergences between the booming financial and the stagnant real sectors, which appear rather confounding as well as disconcerting, warrant an explanation. Enumerating the facts in India’s major secondary stock market, the Sensex (the benchmark index of the BSE Limited, or formerly the Bombay Stock Exchange Ltd.) has been found tracking an upward path, from 40,817 on...

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Rise of shadow entrepreneurship -Chirantan Chatterjee

-The Hindu Without regulation, the situation could spiral out of control Recently, a professor at a business school allegedly misused his faculty position to provide fake certificates to students whom he had compelled to attend an online course that he taught. He essentially took advantage of India’s rising pre-pandemic gig economy in education. When authorities at the institution discovered the racket, they suspended him. This is a cautionary tale for the global...

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Govt must give ASHAs, Anganwadi volunteers rights, benefits due as workers -Neetha N

-The Indian Express Recognition of care work in the public sphere could also help in unsettling the gendered and unequal division of house work and unpaid care burden. COVID-19 has given visibility to Accredited Social Health Activists (ASHA) and Anganwadi workers — women “volunteers” attached to a government scheme or employed on a mission mode — who are frontline warriors in the battle against the pandemic. In India, there are about a...

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Why Modi Govt Looked the Other Way on Giving Cash Relief During Pandemic -Prabhat Patnaik

-Newsclick.in Timidity vis-à-vis international finance capital, callousness toward people, and cynicism in manipulating the electorate and legislators, have made the Modi government one of the most ultra-Right governments in the world. The Narendra Modi government must be the most timid in the world vis-à-vis international finance capital. By the same token, it must be the most callous in the world vis-à-vis the working people of the country. The one is the flip...

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Punjab yet to finish 85% of work under NREGA this financial year -Anju Agnihotri Chaba

-The Indian Express The state has taken up 1.31 lakh works under the scheme in the past 9 months till December 31, 2020 including some spill over works of the last financial year out of which only 19,612 works (around 15 per cent of the total taken up works) could be completed till date. Jalandhar: Despite generating 269 lakh person days and starting on a good note despite Covid-19, Punjab has only...

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