Category: Economy
Economy, according to Karl Marx, is the base over which the superstructure of the modern society stands. Without a comprehensive and critical analysis of the economy, its peculiar itinerary and the major issues that block its way ahead, we won’t be in a position to resolve the political or other problems.
India’s GDP growth in Q1 of FY 2022-23: An alarming situation and government indifference
Reading Time: 4 minutes Though the Modi regime went into a jubilation mode, citing 13.5% GDP growth in Q1 of FY 2022-23, the reality shows an alarming picture.
Why slash on petrol and diesel prices is Modi’s deceitful cosmetic measure?
Reading Time: 8 minutes Why Modi’s late reduction in excise duties and the resulting drop in petrol and diesel prices a mere cosmetic measure by the government now?
The unemployment situation in India has been worsening: it’s time to wake up
Reading Time: 3 minutes As the unemployment situation in India is worsening rapidly, the government and the press are working in tandem to divert mass attention.
Russia-Ukraine war: will there be a steep hike in fuel prices in India after the assembly polls?
Reading Time: 4 minutes As Brent crude oil price crossed $100 per barrel following Russia’s war with Ukraine, will there be a steep hike in fuel prices in India now?
The Union Budget 2022-23 gives no reasons to the poor to be happy
Reading Time: 10 minutes The Union Budget 2022-23 didn’t announce anything significant for 85% Indians, which exhibits Modi’s unapologetic corporate appeasement policy.
Why Oxfam’s inequality report is just tip of the iceberg?
Reading Time: 9 minutes Oxfam’s inequality report has again stirred the controversy over India’s widening wealth gap. However, it’s just the tip of the iceberg.
Indian Railways’ privatisation blueprint in Modi’s CEA’s recommendations
Reading Time: 4 minutes Under the garb of closures and mergers, Indian Railways’ privatisation is advocated in CEA Sanjeev Sanyal-led panel’s recommendations to the Modi government.
National Unemployment Day on Modi’s purported birthday on September 17th
Reading Time: 3 minutes Indian unemployed youth celebrated National Unemployment Day on Modi’s purported birthday on September 17th 2021 to highlight their agony but did Modi notice?
The enigma of 20.1% GDP growth in Q1 FY 2021-22
Reading Time: 3 minutes The BJP’s and the Modi regime’s amplified cacophony over the claim of 20.1% GDP growth in Q1 FY 2021-22 shows how propaganda is used to kill common sense.
Modi’s asset monetisation programme is catastrophic for the economy
Reading Time: 5 minutes Modi’s asset monetisation programme, the NMP is going to be catastrophic for the economy as public assets will be given out on long term lease at a low cost.
Who will benefit from Modi’s palm oil scheme?
Reading Time: 3 minutes The Modi government’s plan to expand the oil-palm plantation in India will threaten biodiversity and the environment. But who will profiteer from palm oil?
PSBs gift corporates freedom from debts worth Rs 4.37 trillion during 2018-20
Reading Time: 4 minutes India’s public sector banks collectively wrote-off Rs 4.37 trillion-worth non-performing assets between April 2018 and December 2020, benefitting corporates.
GIBA Bill 2021: general insurance privatisation a threat to India’s economy
Reading Time: 4 minutes Nirmala Sitharaman successfully passed the GIBA Bill 2021 to privatise nationalised general insurance companies. This will jeopardise India’s financial security
India’s economic liberalisation at 30: why Manmohan can’t escape crisis liability?
Reading Time: 5 minutes India’s economic liberalisation turned 30. Manmohan Singh expressed his apprehensions regarding the economy. But can he escape the liability of the crisis?
Indian Railways’ privatisation: Ashwini Vaishnaw to hasten the process
Reading Time: 6 minutes How Ashwini Vaishnaw’s inclusion as the Minister of Railways will boost the Indian Railways’ privatisation drive and fulfill Modi’s mission of selling it?
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.
Rakesh Jhunjhunwala, the share market’s prospects and IBC’s failure
Reading Time: 3 minutes Rakesh Jhunjhunwala asserted that investors shouldn’t be swayed by the inflation. Given the worsening NPA situation of the PSBs, can the markets stay safe?
What does the NSDL’s freezing of FPIs linked with the Adani Group imply?
Reading Time: 4 minutes The NSDL’s freezing of FPIs linked with the Adani Group has unearthed a can of worms, exposing crony-comprador capitalism’s unholy bond with fictious capital.
Unemployment crisis in India is rising while Modi regime cuts expenditures
Reading Time: 3 minutes As the unemployment crisis in India is rising, the Modi regime is cutting its expenditures below pre-COVID-19 years. Why this economic debauchery is allowed?
Contraction of the Indian economy: will FY 2021-22 bring any real change?
Reading Time: 4 minutes Has the contraction of the Indian economy stopped? Will India experience a double-digit economic growth from the FY 2021-22 onwards? Analysis shows the opposite