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Tag: debt

After chit fund scams, microfinance debt trap exploits Bengal villagers

After chit fund scams, microfinance debt trap exploits Bengal villagers

Reading Time: 5 minutes The microfinance companies have trapped the poor villagers of West Bengal in their obnoxious debt trap as these people have no access to institutional credit.

Fri, Jun 25 2021Fri, Jun 25 2021 Moumita Alam Economy
SVAMITVA scheme: A debt trap for farmers that can't be ignored

SVAMITVA scheme: A debt trap for farmers that can’t be ignored

Reading Time: 3 minutes There is little discussion on the SVAMITVA scheme under which the farmers will be entrapped in debt and corporates are going to profiteer.

Mon, Feb 08 2021Mon, Feb 08 2021 Tanmoy Ibrahim Economy
The debt matters: No more borrowing in the name of COVID-19 please

The debt matters: No more borrowing in the name of COVID-19 please

Reading Time: 6 minutes India’s government debt to GDP ratio is alarming. If the Modi regime borrows more during the COVID-19 pandemic it will drive the people to a catastrophe.

Fri, Jul 24 2020Fri, Jul 24 2020 Sankha S Biswas Economy
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