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r/bamponthi

The intensity of the current economic crisis is largely due to the Modi government’s decision to mortgage India's foreign and trade policies to the US-Israel axis.
▲ 1.1k r/bamponthi+8 crossposts

The intensity of the current economic crisis is largely due to the Modi government’s decision to mortgage India's foreign and trade policies to the US-Israel axis.

India used to buy cheap crude oil from Iran, with free shipping, insurance and 60 days of credit. Then, Trump ordered Modi to stop buying oil from Iran.

> In May 2019, India was forced to stop buying oil from Iran after Trump disallowed a waiver. Trump’s former national security advisor, John Bolton, wrote in his book, The Room Where It Happened, that Trump dismissed Modi’s concerns, telling his team that ‘he’ll be okay’, with the decision.

> What this meant was a denial to India of oil that had come with concessions such as free transport and insurance and 60 days of credit. India tried to explain that many of its refineries had been calibrated to process Irani crude and couldn’t suddenly shift, and also that the stopping of supply from Iran would affect prices and inflation. However, this went unheeded and Trump bent Modi to his will, possibly with the promise of a visit or joint press conference.

Price of the Modi Years, Aakar Patel

u/DioTheSuperiorWaifu — 22 hours ago
▲ 364 r/bamponthi+6 crossposts

On the morning of 13 April, workers across sectors launched a protest demanding better working conditions and a hike in wages in Noida, in Uttar Pradesh. The protest followed recent workers' strikes in Haryana, which compelled the state government to announce a 21% increase in the minimum wage. The Uttar Pradesh Police lathicharged workers, harassed women and verbally abused people at the Noida protests.

The police also detained several hundred workers and children. Activists have alleged that more than one thousand workers and other people have gone missing in Noida since the protests. The whereabouts of some were traced to the district jail, while those of several others remain unknown. The Caravan spoke to some of the families of those who went missing during the police action.

The police has confirmed the arrests of 396 persons, including four women. They have also filed seven First Information Reports on the protests, charging individual workers and over four thousand unidentified persons of attempt to murder, attacking public officials, rioting, destruction of public and private property, criminal intimidation, provoking breach of peace and other serious acts.

https://www.youtube.com/watch?v=QLMwmYRUFZ4

u/rishianand — 6 days ago