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.
Privatisation: A doomed attempt to provide oxygen to crisis-ridden capitalism
Reading Time: 5 minutes The privatisation of public sector undertakings by the Modi regime is a frantic attempt to revive crisis-ridden capitalism with free oxygen. It won’t help.
What will be the outcome of Modi’s coal block auction decision?
Reading Time: 4 minutes Will Modi’s coal block auction decision really create jobs for 280,000 workers? Can Modi’s decision spark a long-term conflict over eviction of tribals?
The surge in India’s foreign exchange reserves isn’t Modi’s but lockdown’s gift
Reading Time: 4 minutes The recent news of surge in India’s foreign exchange reserves isn’t one that calls for jubilation. This increase isn’t India’s gain but a sign of bad trade.
Global recession 2020- A gift for the capitalists and a curse for the poor
Reading Time: 6 minutes The COVID-19 pandemic gave global capitalism a big opportunity to utilise public money to profiteer and attempt to escape the quagmire it’s in since 2009.
Indian Recession 2020 – A Marxist Analysis
Reading Time: 7 minutes The Indian economy continues to sink, while the narcissist prime minister keeps applauding himself. An indepth Marxist analysis of the present crisis.
Capitalism: An overrated failure story
Reading Time: 7 minutes Why attempts made by governments of different countries, including India’s, to revive capitalism with a stimulus during COVID-19 isn’t feasible at all?
Can a loan package for the MSME sector from Sitharaman help at all?
Reading Time: 3 minutes Can the Modi regime’s Rs 3 trillion-worth loan package for the MSME sector help it survive and provide employment to the workers?
Why the corporate world isn’t truly happy with Modi’s Rs 20 trillion package?
Reading Time: 3 minutes Though Modi’s Rs 20 trillion-worth so-called “fiscal stimulus” package was all about selling India to corporates, why the latter aren’t quite happy now?
FM Sitharaman’s fifth tranche announcements expose there wasn’t any stimulus package
Reading Time: 9 minutes Nirmala Sitharaman’s fifth tranche announcements regarding the Rs 20 trillion “stimulus package” exposed there was no relief plan at the first place.
Sitharaman’s fourth tranche unveiled the long-pending anti-people reforms
Reading Time: 7 minutes After beating around the bush, Nirmala Sitharaman’s fourth tranche of announcements revealed how the Modi regime is selling India to big mining giants.
Third tranche of Sitharaman’s COVID-19 package announcements poses threat to farm sector
Reading Time: 7 minutes The third tranche of Sitharaman’s COVID-19 package announcements not only avoided fiscal stimulus but also jeopardised India’s food security.
Sitharaman’s second set of announcements have no clear solution as well
Reading Time: 7 minutes Like her first set of announcements, Sitharaman’s second set of announcements regarding the much-hyped fiscal stimulus package was also utterly hollow.
Sitharaman’s announcements on day one peddled liquidity as fiscal stimulus to dupe people
Reading Time: 7 minutes Nirmala Sitharaman’s announcements, on the first day of the many days she will announce details of Modi’s Rs 20 billion-worth package, were simply hollow.
Part II: COVID-19, fictitious capital and financial crisis
Reading Time: 8 minutes The second part of the analysis of the COVID-19 pandemic, share buy back and fictitious capital: A capitalist effort to survive the financial crisis.
COVID-19, fictitious capital and financial crisis
Reading Time: 7 minutes The COVID-19 isn’t the cause of the quagmire in which capitalism is in at the moment. The pandemic only triggered what was inevitable. An in-depth analysis.
At the time of hunger, FCI’s surplus rice is converted to ethanol to make alcohol-based hand sanitisers
Reading Time: 4 minutes The Modi regime’s decision that the FCI’s surplus rice is converted to ethanol to make alcohol-based hand sanitisers is absolutely anti-poor and disastrous.
Farmers’ suffering due to lockdown intensify in UP due to lack of wheat MSP
Reading Time: 4 minutes In Uttar Pradesh the middle, small and marginal farmers’ suffering due to lockdown intensified as they don’t get MSP for wheat from private buyers.
Extension of the 21-day lockdown and an imminent food crisis
Reading Time: 3 minutes The extension of the 21-day lockdown in India must be done judiciously as there is a need to complete Rabi harvesting and prevent a major food crisis.
Inside Modi’s sham Rs 1.73 trillion COVID-19 economic relief package for poor
Reading Time: 11 minutes The COVID-19 economic relief package announced by Nirmala Sitharaman for the poor isn’t just inadequate, it’s farcical and a mockery of poor people’s agony.
Why Reliance and HDFC are having a good time during Coronavirus lockdown?
Reading Time: 3 minutes Why the markets were in a jubilant mood after Prime Minister Narendra Modi declared national lockdown? Why the shares of Reliance and HDFC are surging?