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Consumer Sentiments Index: Recovery is not Automatic

THE bi-monthly results released by the Reserve Bank of India of its Consumer Confidence Survey provides some indication of consumers’ perceptions on the current state of the economy as well as of future expectations. The latest round released on 8, December 2021, is based on the survey conducted during the period October 25 to November 3, 2021, covering 5310 households across 13 major states. The survey results provide two summary indicators namely, the current situation index (CSI) and future expectation index (FEI).

Co-Lending: Towards Recolonising the Peasantry

IN colonial times, the peasantry had to borrow from private moneylenders. According to Provincial Banking Enquiry Committee reports, these moneylenders in turn borrowed from commercial banks. But while disbursing credit to the peasants and charging exorbitant interest rates, the money lenders at least bore the whole of the lender’s risk. The banks from whom they borrowed did not bear any risk in case the peasants could not pay back the loans they had obtained from the moneylenders.

Historic Farmers’ Struggle in India

AIKS ROLE IN FARMERS’ STRUGGLETHE AIKS has been an important constituent of the AIKSCC and the SKM ever since their inception. In this capacity, it played a major role in the collective decision making and implementation of the just-concluded farmers’ struggle. Whenever contentious issues came up, the AIKS always took a principled stand on them, for strengthening the unity of the SKM.Within the SKM, the AIKS also took the initiative to strengthen worker-peasant unity and the unity of farmers with other sections of the people.

Celebrating Farmer-Worker-Artist Unity

FOR the first time in 33 years, Jana Natya Manch (Janam) did not perform a play on January 1.It was on that day in 1989 that Janam was attacked while performing a street play, Halla Bol, on the outskirts of Delhi, in Jhandapur village of Sahibabad, in support of CITU. Two people were killed in the attack – Ram Bahadur, a young Nepali migrant worker who had recently become a father, was shot dead, and Safdar Hashmi, Janam’s charismatic leader was bludgeoned on the head and left for dead. He died in hospital the following day.

Call for Fascistic Violence

EVEN two weeks after the hate-mongering dharma sansad in Haridwar on December 17 to 19, where calls were given to attack Muslims and eliminate them by mass murder, there has not been a single arrest.  The first FIR lodged had only one name, that too of a Muslim who converted to Hinduism.  Subsequently, after another FIR was filed, four more names were added including that of Yati Narsinghanand, the organiser of the event.On January 1, the Uttarakhand police had announced a special investigation team (SIT) to investigate the matter and the police officer-in-charge, when asked if arr

Punjab: In Memory of Comrade Surjeet, Govt Dedicated Three projects

THE chief minister of Punjab, Charanjit Singh Channi, dedicated three projects to the people in Jalandhar on December 24. These projects are in the memory of great freedom fighter, prominent communist leader & long time general secretary of CPI(M), Comrade Harkishan Singh Surjeet at his native village Bundala Manjhki ( Jalandhar). The chief minister placed a 'Harkishan Singh Surjeet Marg'(name of the road) plaque on the road from Barapind to  Jandiala. Comrade Surjeet was once elected as an MLA from Barapind constituency. 

UP: Blatant Lies of Development Exhorted by Modi

AS the UP elections draw closer, the visits of the prime minister to the state are becoming an almost everyday affair.  These visits are well-choreographed events with Narendra Modi alone at the centre whether under the focus of laser lights or on a high podium.  Each event is used to announce a plethora of ‘gifts’ to the people ranging from a spanking, shiny new look Vishwanath Mandir in Varanasi to cash transfers to women’s SHGs.  These state-sponsored events are also utilised in the most brazen fashion to pour vitriol on opposition leaders, Akhilesh Yadav in particular, and, of course, M

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