Saurabh Naruka

Interview: The Sahara Scam

Interview with Vijay Kumar Verma, of Convenor, Sahara Sangharsh Samiti, Udaipur

1. What is the SEBI case regarding Sahara Credit Cooperative Society not paying its dues?

Vijay Verma: The dispute of Sahara and SEBI is going on regarding two schemes, related to real estate and housing.

2. When did this dispute emerge? How many depositors are likely to be impacted and how much money is involved?

Inflation and Corporate Takeover : An Unfolding Tragedy

In a video, a man walks into a vegetable shop for lemons. He pays 5 rupees for the lemon and presents a small glass. The vendor takes out a syringe, inserts it into the lemon. He pulls out 10 ml of lemon juice using the syringe and gives it to the customer. This video is a comedy sketch, which is going viral on social media. But underneath this comedy video lies a great tragedy unfolding in India.   

Mahatma Gandhi National Rural Employment Guarantee Act: A Namesake Guarantee

The Bhartiya Janata Party (BJP) government at the centre has been making tall claims about expanding the budget allocation for the Mahatma Gandhi National Rural Employment Guarantee Scheme (Act) (MGNREGA), in order to provide relief to the rural poor during the covid pandemic. The situation is full of irony. Modi (in)famously mocked MGNREGA as a mark of the failure of previous governments to provide stable and quality employment. Previous governments compensated for their failure by paying people for filling empty pits with sand, he had said.

A Note on Global Wage Report: 2020-21: Wages and Minimum Wages in the Time of COVID-19

The International Labour Organization (ILO) has brought out its report on trends in global wages during Covid-19. The report examines the change in real wages across the globe in 2020-21, which is a pandemic hit period. The 2020-21 report also analyses impact of implementation of minimum wages on wage inequality.

Important Highlights from the Report