Peoples Democracy newsletter

Peoples Democracy newsletter

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.

Protest against Nullification of Labour Laws

THE first joint trade union action, against the attempts of different state governments to nullify labour laws and push workers into slave like conditions, was held across the country on May 22, 2020. The leaders of the central trade unions who were available in Delhi decided to observe fast at Raj Ghat in New Delhi. But soon after they sat on fast they were taken into custody by the police and taken to the police station, from where they were released only in the evening.

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.

The Mendacity of the “Rescue Package”

THE inhumanity of the Modi government towards the people is matched only by its mendacity. And in both respects the Modi government is far ahead of most other governments in the world. Which other government would have passed off a slew of concessions to foreign and domestic monopolists as a “rescue package” for the people of the country? Which other government would have totted up loan plans for banks, and non-bank financial companies, as succour to the crisis-hit poor?

A Revolutionary Life Dedicated to the Cause

K VARADHARAJAN, an outstanding leader of the All India Kisan Sabha (AIKS), passed away on May 16, 2020 at the age of 73. In his death, the democratic peasant movement has lost a dedicated fighter, most  of whose adult life was spent in the pursuit of the agrarian revolution in India.KV, as Varadharajan was popularly known among his comrades and activists in the Communist Party of India (Marxist) and in the AIKS, was born on October 4, 1946 in the temple town of Srirangam in Tamil Nadu.

The Impact of the Lockdown on Adivasi Communities

AS the greatest man made humanitarian crisis since independence plays out across India, prevailing inequalities get intensified due to government policies and approaches during the arbitrarily declared, unplanned lockdown. The curtain of invisibility that hitherto concealed the existence of 10 crore workers, termed migrant workers, has been torn asunder through myriad images of horrendous suffering. This huge section of India’s labour force or rather India’s life force are being stripped of their rights as equal citizens of India.

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