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.
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
Adani’s wealth increase amid rising poverty reaffirms why capitalism is the pandemic
Reading Time: 3 minutes Gautam Adani’s wealth increase amid rising poverty and unemployment proved that the lockdown and the pandemic are actually beneficial for capitalists like him.
Keynesianism is unsustainable: a critical analysis
Reading Time: 3 minutes With the dislocation of the neoliberal normality by the COVID-19 pandemic, one has witnessed attempts by influential organisations and specific sections of the intellectual elite to resuscitate dormant ideas. Sudden […]
The COVID-19 second wave is another blow to the Indian economy
Reading Time: 3 minutes As the COVID-19 second wave is ravaging different parts of India, the Indian economy is slipping to the stage of coma due to mounting inflation and unemployment
Mounting sugarcane dues issue and the BJP’s complicity
Reading Time: 3 minutes While total sugarcane dues to farmers has reached Rs 229 billion in India, 60% of the amount is due to sugarcane farmers of BJP-ruled UP.
UFBU’s bank strike success shows employees’ anger against privatisation
Reading Time: 3 minutes UFBU’s two-day-long bank strike on March 15th and 16th 2021 showed the bank employees’ vehement opposition to Modi’s privatisation agenda
Does Adani’s wealth increase amid an economic crisis justify farmers’ allegation?
Reading Time: 3 minutes Adani’s wealth increase amid the pandemic and economic crisis has surprised many. However it proves what the farmers have been alleging.
Petroleum and LPG price rise to impact the poor and the economy severely
Reading Time: 3 minutes Regular petroleum and LPG price rise is going to have severe impacts on the lives of the poor and the Indian economy’s scope of recovery.
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.
As per ritual, Nirmala Sitharaman omitted “unemployment” in budget 2021 speech
Reading Time: 3 minutes Nirmala Sitharaman omitted the term “unemployment” from her budget speech in 2021 just like she did in 2020. Why the government is doing this?
Union Budget 2021-22 is Modi’s anti-poor largesse for the corporates
Reading Time: 4 minutes The Union Budget 2021-22 is unsurprisingly another anti-poor and pro-rich propaganda budget from the Modi regime that has no economic solution
The Economic Survey 2020-21 exposes Modi government’s failures
Reading Time: 3 minutes The Modi regime’s Economic Survey 2020-21 is a deceitful exercise that has omitted all uncomfortable facts and present a rosy picture.
Modi and his US masters destroying agriculture and food security of India
Reading Time: 6 minutes How Modi, following his US-based masters’ diktat, is destroying India’s agriculture and food security to help big corporates to profiteer?
Air India, BPCL to SCI, Modi regime’s privatisation drive ruins people’s lives
Reading Time: 4 minutes Prime Minister Narendra Modi’s ruling Bharatiya Janata Party (BJP), facing a huge wave of popular dissent throughout the country, especially the farmers’ protest movement against pro-corporate farm laws, has entered […]
The paddy farmers of West Bengal: In a labyrinth of low MSP and accessibility
Reading Time: 5 minutes The paddy farmers of West Bengal are in an abysmal crisis due to lack of MSP and accessibility to the government’s procurement centres.
Potato cultivation in North Bengal: The analysis of a sheer crisis
Reading Time: 4 minutes Gloomy clouds hover over the lives of farmers involved in potato cultivation in North Bengal as input cost is soaring amid extreme volatility
India’s GDP contraction in the Q2 FY 2020-21 is alarming
Reading Time: 4 minutes India’s GDP contraction in the Q2 FY 2020-21 puts the country in the recession zone but the Modi regime remains nonchalant about the crisis.
CCI approval for Reliance’s acquisition of Future Group’s retail business helping Ambani immensely
Reading Time: 3 minutes CCI approval for Reliance’s acquisition of Future Group’s retail business is a shot in the arm for Ambani’s retail monopolisation spree.
Is the Indian economy on its path to recovery or is the crisis growing manifold?
Reading Time: 4 minutes Is the Indian economy really on a revival path, as the RBI suggested? Or whether the crisis has aggravated in the recent months?