THE Internal Working Group (IWG) of the Reserve Bank of India has proposed allowing large corporates and industrial houses to own banks by amending the Banking Registration Act, 1949. The other proposal is to allow large non-banking financial companies (NBFCs) with asset size of Rs 50,000 crore and above (including those controlled by corporate houses) and with a track record of a decade, to convert themselves to banks.
THE Centre of Indian Trade Unions (CITU) congratulates the hundreds of millions of workers and peasants across the country for rising as one to protest against the atrocious attacks of the Modi led BJP government, on their, rights, lives and livelihoods and against the anti-worker, anti-people and anti-national policies. In a statement issued on November 26, it said that over 25 crore workers,...
THE All India Kisan Sabha condemns the unprecedented use of brute force by the police at the behest of the Narendra Modi led BJP government on peasants and workers protesting against the anti-farmer, anti-worker Acts. AIKS demands the unconditional release of all the arrested protesters and for the restoration of right to protest. It is also significant that the arrests in Delhi have happened when the protest had been permitted by the authorities.
...KERALA chief minister Pinarayi Vijayan informed the media on November 23, that the amendment to the Kerala Police Act will not be implemented as various opinions came up from different sections. The governor has promulgated an ordinance regarding this.
THE November 26 strike is significant not only because it protests against the Modi government’s brazen and unprecedented attacks on workers and peasants in the country, not only because these attacks carry forward an imperialist agenda, but for a deeper and less discussed reason as well which can be seen as follows.
ON August 5 (new style), 1895, Frederick Engels died in London. After his friend Karl Marx (who died in 1883), Engels was the finest scholar and teacher of the modern proletariat in the whole civilised world. From the time that fate brought Karl Marx and Frederick Engels together, the two friends devoted their life’s work to a common cause. And so to understand what...
November 28, 1820: Frederick Engels is born in Barmen into the family of a textile manufacturer, Friedrich Engels, and his wife, Elisabeth (née van Haar). 1837-1838: Frederick Engels begins working in his father's office and moves to Bremen to learn commerce
TRADE unions from a number of countries, including some constituents of the World Federation of Trade Unions, have expressed solidarity with the working class of India who observed a nationwide General Strike on November 26.
CPI(M) general secretary, Sitaram Yechury, has addressed a letter to prime minister Narendra Modi on November 23, seeking his response to the following questions: does NEP 2020 seek to end the policy of reservations for SC, ST, OBC and disabled in educational institutions? If not, the prime minister should clarify as to why NEP 2020 does not contain any mention of reservations.
SOUMITRA Chattopadhyay died at mid-day on Sunday, November 15, 2020, after treatment in a Kolkata hospital for 40 days. He was 85. He would be missed by millions, for he was among the top Bengali leading men of his generation in cinema. But he was much more: an accomplished dramatist, theatre-director and stage-actor, a poet, a reciter, an editor, a painter in his last years, and an exemplary representative of civilized grace. He was...
