Kerala: CBI to Investigate Titanium Graft Case

In a major jolt to the UDF in Kerala, the state government has recommended a CBI enquiry into the Titanium scam case, which involved former chief minister, Oommen Chandy, opposition leader Ramesh Chenninthala and former minister, V K Ibrahim Kunju.

FDI in the Coal Sector

JOAN Robinson, the well-known economist, had drawn attention to a fundamental difference between foreign direct investment in the manufacturing sector and foreign direct investment in a sector that extracted an exhaustible resource, such as a mineral product. This difference can be illustrated with an example.

DELHI: DTF Scores Historic Victory in DUTA Elections

The victory of the Democratic Teachers’ Front (DTF) in the elections for the post of President and membership of the Executive of the Delhi University Teachers’ Association (DUTA) held on August 29, is a historic victory. Rajib Ray, the DTF candidate for the post of DUTA president, was elected for a second term defeating in a straight contest the BJP-affiliated National Democratic Teachers’ Front (NDTF). The Congress-affiliated groups had not put up any candidate for the post.

PSBs Merger Facilitates Easy Siphoning Off Public Money to Corporates: CITU

THE Centre of Indian Trade Unions (CITU), in a statement issued on September 1, has denounced the decision of central government to merge 10 public sector banks into four entities, thereby reducing the number of public sector banks (PSB) to 12. It said that the move was utterly destructive.

Destructive Decisions of the Government

The following is the statement issued by the CITU on August 29

THE BJP government at the centre has taken some destructive decisions in the recent past. The RBI was forced to transfer of Rs 1.76 lakh crore from its reserves. This was done by the obliging team of bureaucrats put at the helm of RBI Board.

Desperate to Privatise Air India

THE CENTRE of Indian Trade Unions(CITU) denounces desperate move of the BJP government to completely privatise the national carrier, Air India by way of divesting its entire shareholding in favour of a chosen single buyer in the “shortest possible time available”, obviously this is going to be a distress sale.

AP: CITU Opposes Closure of Chittivalasa Jute Mill

THE CITU was successful in getting a stay order from the AP High Court against the closure of Chittivalasa Jute Mill. Interestingly, the memorandum of understanding for closure of the mill was arrived between the management of the mill and four workers union, viz., INTUC, AITUC, TNTUC and YSRTUC. The CITU had opposed this agreement and had promised to continue with the struggle. The agreement was arrived on July 24, 2019.

BSNLEU Demands Disbursement of August Salary

BSNL Employees Union has issued the following statement on September 2

Oppose Bank Mergers

THE BANK Employees Federation of India(BEFI) has strongly condemned the decision of the union government to merge 10 public sector banks(PSBs) into four.

Amazon Fires, White Nationalism and the Logic of Capital

THE Amazon fires with Brazil at its epicentre, have become worldwide news. Explaining the fires recently, Douglas Morton, chief of the Biospheric Sciences Laboratory at NASA’s Goddard Space Flight Center said that August 2019 stands out as a month with a far higher number of fires than any preceding year since 2010. This is similar to what the Brazil’s National Institute for Space Research (INPE) had reported earlier.

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