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Depositors lose Rs 120 crore in CKP Bank

THE moratorium declared on Punjab and Maharashtra Co-operative(PMC) Bank in September 2019 had sent shock waves throughout the country.  The depositors of this bank could not withdraw more than Rs 50,000.  Deposits of about Rs 12,000 crore got stuck up and due to this abominable situation, nearly 10 depositors lost their precious lives.  The PMC crisis brought the concern about limit of the DICGC (Deposit Insurance and Credit Guarantee Corporation-owned subsidiary of Reserve Bank of India) coverage of one lakh rupees to the public domain and that eventually made the government raise the lim

Even in Crisis BJP does Business Costing Lives of the People

THE epidemic of Covid-19 pandemic has exposed the already putrefying socio-economic system in India. There has been heart rendering stories of pain, apathy of workers walking back to their homes immediately after the first lockdown was announced in the country. The massive unemployment with over 120 million job loss during the period of the lockdown has further accentuated the misery of the people.

Maharashtra: Relief by University Teachers during Lockdown

THE rising spread of COVID – 19, has led to extremely critical and challenging time the world over. In India, the confirmed cases have crossed 100,000. In Maharashtra this figure is more than 30,706, with 18,555 in Mumbai alone. Central and state governments have announced various steps to arrest the spread of this pandemic, including a nation-wide lockdown of all activities except essential services. During this crisis, the Bombay University and College Teachers’ Union (BUCTU) is responding to appeals for relief.

Enough of Flowers, Give Us Safety Gear: Frontline Workers Demand

AT the call of the CITU, more than four lakh workers across 400 districts in the country took part in protest activities on May 14, the Demands Day. They raised the crucial question of safety of the frontline workers and those working in industries risking infection during the Covid-19 pandemic.The protests took place in 10,000 places and while many workers came on to the streets to express their protest, many others protested from their homes demanding safety gear.

AP: Sundarayya Skill Development Centre Shelters Migrant Workers

SUNDARAYYA Skill Development Centre, a three-storied building in the capital region of Andhra Pradesh has been turned into a shelter for migrant workers. This building at Vaddeswaram has become a shelter for 47 migrant workers belonging to Srikakulam and Vizianagaram districts of AP, bordering Odisha. Due to lockdown, these workers lost their livelihood and decided to go back to their native places in AP. They were coming from Chennai on foot as there was no travel facility.

AP: LG Polymers Gas Leak – A Corporate Crime

IN the wee hours of May 7, the unusual foggy dawn surprised people living around the LG Polymers India Ltd plant in Visakhapatnam in Andhra Pradesh. They were caught unawares by the pungent odour and breathlessness. People came out of their homes and ran helter-skelter, with many of them falling unconscious and collapsing on roads. It was a run for survival for many as panic gripped the area. Twelve people died in the gas leak.

Bargain Abatement: Vietnam and the Indian State of Kerala Curbed Covid-19 on the Cheap

Their secret is quick and efficient public-health systemsTHE phone rings and a doctor picks up. “Sir, we’ve run out of ventilators. What do we do when more patients come?” Soon after, a grim medic explains that the disease they are battling kills three in four victims. There is no vaccine or treatment.Such talk has become commonplace in the time of covid-19. Yet this scene has nothing to do with the current pandemic.

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