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INDIA

NEW BUDGET SHOULD CONTAIN EXPENDITURE AND BORROWING

FOCUS SHOULD BE ON DEVELOPMENT AND GAINFUL JOB CREATION
Nantoo Banerjee - 2019-07-01 09:35
Union Finance Minister Nirmala Sitaraman seems to have a tough task before her if she has to fulfil the wishes of Prime Minister Narendra Modi while presenting a fresh budget for 2019-20. The prime minister has clearly told a group of economists and sectors experts about his intention to undertake fresh reform measures to boost growth and make the Indian economy competitive. This would require a radically different trend in the government’s budgeting exercise which is traditionally loaded on non-developmental expenditure and high debt servicing costs.
INDIA: KERALA

CPI(M) LOSES OPPORTUNITY TO REINVENT ITSELF

KODIYERI FAILS THE RECTIFICATION TEST?
P. Sreekumaran - 2019-06-29 11:26
THIRUVANANTHAPURAM: In politics, as in life, what matters the most is perception. CPI(M) State secretary Kodiyeri Balakrishnan, whose elder son, Binoy Kodiyeri, is facing charges of rape and cheating made by a Mumbai-based woman, seems to have lost the battle of perception, which is that he should have resigned his post in the wake of the revelations.

FACEBOOK’S LIBRA RE-IGNITES INTEREST IN CRYPTOCURRENCIES

BUT S&P DOUBTS IT CAN REPLACE CENTRAL BANKS-BROKERED CURRENCY SYSTEM
Arjavi Indraneesh - 2019-06-29 11:24
Facebook’s proposed Libra coin has raised the prospects of cryptocurrency becoming mainstream. The burst of enthusiasm has manifested itself in the value of Bitcoin, which has jumped to an 18-month high, spurred by investor worries about geopolitical tension over Iran and the aggravating trade war between China and the US.
INDIA

MODI GOVT GIVES IN TO U.S. ON DATA LOCALISATION

COMMERCE MINISTRY SURRENDERS TO THE PRESSURE OF AMERICAN COMPANIES
B. Sivaraman - 2019-06-29 11:22
With the world is becoming increasingly multipolar and with a US President like Trump who is resorting to unilateralism and aggressiveness in diplomacy, it is quite natural that meets such as G20 are bound to be acrimonious affairs. This is exactly what happened at Osaka, Japan, the venue of G20 summit that ended on 28 June.
INDIA

MODI’S HYPOCRICY OF WORSHIP MAY NOT MAKE GANGA CLEAN

YAMUNA UNDER ‘NAMAMI GANGE’ MOST POLLUTED UNDER HIS NOSE
Gyan Pathak - 2019-06-29 11:09
Namami Gange, Aviral Dhara, Nirmal Dhara, and Swachchha Kinara (Obeisance to the Ganges, Continuing Stream, Clean Stream, and Clean Banks) are only a few of the attractive slogans that have been in use for last five years. Such slogans highlight the ability of the Prime Minister Narendra Modi to use enticing words capable of hiding the horrible reality of the situation. Though the huge gap between his words and deeds is sufficient to expose his dichotomy, people do not perceive it as his failure. Namami Gange programme is a case in point. Ganga remains unclean, and Yamuna which is part of Namami Gange is worst polluted in Delhi under his nose. He cannot blame people for that because Yamuna is polluted at his seat of power due to untreated industrial and municipal waste.
INDIA

OPPOSITION WILL NEVER AGREE TO SIMULTANEOUS ELECTIONS

BJP WILL GET UNDUE ADVANTAGE FROM MODI’S PROPOSAL
Harihar Swarup - 2019-06-29 11:05
Prime Minister Narendra Modi’s idea of simultaneous elections for Lok Sabha and state assemblies may be self serving but has strong logic. Will it work in present political scenario? Many opposition leaders are bitterly opposed to this idea and boycotted all-party meeting convened by PM to discuss his proposal. They see such a change as quasi-presidential system in which Modi’s popularity will overwhelm local issues, giving BJP a huge unwarranted advantage.
INDIA

ASSAULTS BY BJP LEGISLATORS BECOMING NORMAL IN MADHYA PRADESH

CENTRAL LEADERS WORRIED AT LATEST DEVELOPMENTS
L S Herdenia - 2019-06-29 10:30
BHOPAL: The ugly incident of assault by BJP legislator Akash Vijayvargiya on Indore Municipal Corporation official was still hitting headlines a report has come from Satna district according to which a BJP Municipal committee president has physically attacked Chief Municipal Officer. According to yet another report Damoh district president of Bhartiya Janta Yuva Morcha (BJYM) Vivek Agarwal threatened to beat Nagar Palika accountant Anil Gupta with a cricket bat.
UNITED KINGDOM

LEFT HAS TO UNITE TO CHANGE BRITAIN

CHRIS WILLIAMSON SUPPORTS CORBYNS’S VISION
Ben Chacko - 2019-06-28 11:22
The left has a chance to “change the balance of power in this country forever” if it comes together to fight for Jeremy Corbyn’s socialist vision, Derby North MP Chris Williamson told the Morning Star today.
INDIA

RAILWAY PRIVATISATION PROGRAMME GETS A FRESH IMPETUS

AGITATED EMPLOYEES UNIONS PLANNING FOR PROTEST ACTION
B. Sivaraman - 2019-06-28 11:19
On July 19, 2019, the day dawned normally for the people of Rae Bareli. In the busy national highway that passes through this small town in the constituency of Congress leader Sonia Gandhi, people were going about their daily routines normally. Unexpectedly, there was a sudden commotion. Thousands of people suddenly marching through this small town shouting slogans disturbed its morning serenity. It turned out to be a protest rally by the workers of the Modern Coach Factory belonging to the Indian Railways.
UNITED STATES

PRO-WORKER DEMOCRATS MISTRUST PRESIDENT TRUMP

WANT LABOUR RIGHTS WRITTEN IN ‘NEW NAFTA’
Mark Gruenberg - 2019-06-27 11:21
WASHINGTON: A coalition of pro-worker House Democrats, led by veteran Rep. Rosa DeLauro, D-Conn., opened talks on June 25 with President Donald Trump’s trade negotiator about writing strong and specific worker rights straight into Trump’s “new NAFTA,” rather than just into U.S. legislation to implement the controversial “free trade” pact.