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

THE nationwide protest by peasants and agricultural workers on May 27, 2020 witnessed unprecedented turnout. People came out in large numbers to express their anger against the Narendra Modi led BJP government and different state governments that have remained insensitive to their plight.

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.

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?

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.