Listing of LIC: Wanton Destruction of a Premier Public Sector Financial Institution

FINANCE minister Nirmala Sitharaman has announced during her second budget speech on February 1 that the government will list LIC in the stock exchange and sell part of its stake via Initial Public Offer (IPO). In justification of her proposal she said, “Listing of companies on stock exchanges disciplines a company and provides access to financial markets and unlocks its value. It also gives opportunity for retail investors to participate in the wealth so created.

Manuvaadi Economics and the Hindu Right

THE finance minister presented the union budget 2020-2021 in the context of the growing attacks by the Hindu right on the peaceful protests in Jamia Millia Islamia and Shaheen Bagh against the CAA-NRC-NPR. Both these developments need to be seen in the context of the desperate attempts by the BJP and its fringe organisations to polarise the upcoming Delhi elections and hide the economic mess that has been created by the NDA government in the last six years.

Successful grameen Bharat bandh

A CALL for ‘rural hartal’ - grameen Bharat bandh on January 8, 2020 was given in the meeting of Central Kisan Council(CKC) of the All India Kisan Sabha(AIKS), on November 22, 2019.

Achhe Din? Prices on Fire, Jobs in Freezer

ECONOMIC distress continues to rise as people are now squeezed by mounting prices, especially of food items, amidst raging unemployment and stagnating wages.Latest data on prices released by the government confirms what people have been feeling for months: prices of daily use items, such as vegetables, eggs, meat and fish, pulses etc are on fire.

UP: Oppressive and killer Yogi raj

OPPRESSION and killing innocent people has become a gauntlet of Yogi rule in UP. On the one hand rapists, rioters and murderers aligned to the BJP are allowed to roam scot-free, on the other, tremendous repression is mounted on the dalits, backwards, women and especially the Muslim minority in the state of UP. There is no limit to the hate against the Muslims and the protesters who were protesting against the CAA and the proposed NRC.The initial protests in the state took place in Aligarh Muslim University(AMU).

An Authority with Unfettered Rights

INTERNATIONAL Financial Service Centre Authority bill, 2019 has been introduced in the Lok Sabha on December 11, 2019 and passed. This bill was earlier introduced in Rajya Sabha in the month of February 2019. Now this has been withdrawn and introduced in Lok Sabha as money bill, the obvious reason being to skip its passage in Rajya Sabha where the ruling combination does not enjoy comfortable majority. The very aim of this bill is to “enable Indian corporates easier access to global financial markets” as has been admitted by the “statement of objects and reason” of the bill.For the past

2.5 years passed by, Gudiya still screams for justice

IMAGINE if the Hyderabad style of justice was delivered to the accused in the Gudiya rape and murder case in Shimla by killing him, a gross violation of human rights would have happened. The revelations made in the Gudiya case exhibits serious lapse in the investigation by CBI and contradiction between the Himachal Pradesh Police(HPP) and the CBI.GUDIYA CASEGudiya case resolved! So said the CBI in 2018 and bursted the claim of the Himachal Pradesh Police(HPP) for falsely implicating five ‘innocent’ people, as according to the CBI, it was not a gang rape.

Water Nexus and its testing

RECENT revelations made by Ram Vilas Paswan, union minister of consumer affairs that the water quality in Delhi and in other 20 cities is not fit for drinking, made everyone apprehensive of the systems that are responsible for providing water, and as normal reaction were curious to find out what is in depth.According to the press conference held by Paswan, the samples from different locations were lifted and sent for testing as per Indian Standard 10500-2012(specification for drinking water) as set by the BIS(Bureau of Indian Standards).

Electoral Bonds threat to Parliamentary Democracy

IT has been doing the rounds. The surreptitious strike, which transformed the funding of political parties by the corporates, was of such far-reaching consequence, that the controversy has already reached the hallowed portals of the Supreme Court.Three quick amendments to Foreign Contribution (Regulation) Act, the Finance Act of 2018 and amendments to the Companies Act had established a new instrument called the electoral bond by bulldozing them through the Lok Sabha and making the Rajya Sabha redundant by converting the key legislative proposal as a `Money Bill’.What was the sum and subst

Apple Crisis in Kashmir Valley

THE plight of apple growers in Kashmir is awful, says Zahoor Ahammed, a farmer from Kulgam. “We have heard of farmer’s suicide in Maharashtra; if the existing situation persists, apple growers in Kashmir will also be compelled to commit suicide,” said Ahammed while speaking to the AIKSCC delegation that visited Kulgam on November 14, 2019. The delegation representing the All India Kisan Sangharsh Co-ordination Committee (AIKSCC), the largest umbrella platform of around 250 peasant and agricultural workers organisations working across the country visited Kashmir valley on November 13-15.

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