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.
How the farm reforms will destroy India’s farmers and food security?
Reading Time: 9 minutes How Modi’s farm reform measures and dilution of Essential Commodities Act, 1955, will affect the farmers and food security of the poor?
How long the Indian economy’s irreversible crisis can be concealed by the Modi regime?
Reading Time: 3 minutes These days the Delhi Police has literally hijacked the limelight by bringing forth a 1.1m-page-long chargesheet against former Jawaharlal Nehru University student Umar Khalid. But whatever may be the discourse […]
By invoking “Act of God” Sitharaman attempts to bankrupt the states
Reading Time: 3 minutes Why Nirmala Sitharaman invoking “Act of God” clause to deny states their GST dues is actually an illegal action and attack on federalism?
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.
India’s economy going downhill and Modi’s rhetoric won’t help it save itself
Reading Time: 6 minutes While a few companies posted growth in their Q1 FY 2020-21, it doesn’t mean that the entire economy is growing, rather it’s going downhills now under Modi.
The anti-farmer farm sector reforms to ruin India’s agriculture for corporates
Reading Time: 4 minutes The farm sector reforms unleashed by the Modi regime through three ordinances will help the corporates profiteer at the cost of India’s farmers.
What’s fuelling Ambani’s skyrocketing fortune?
Reading Time: 7 minutes The skyrocketing fortune of Mukesh Ambani is fuelled by the rise of his Jio empire, which is now becoming a giant entity in the world of data surveillance.
Five key reasons why another economic slump is very much possible
Reading Time: 7 minutes As number of COVID-19 cases shoots up with the end of the lockdown, is another wave of lockdown and economic slump inevitable for India? A critical analysis
To safeguard the poor, India needs a progressive taxation system
Reading Time: 8 minutes Prime Minister Narendra Modi revealed a truth unintentionally for the first time during his long but well-articulated speech on how Indians fought against Coronavirus (COVID-19). He confessed that 800m Indians […]
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.