Tag: economic crisis
India’s GDP nosedived in Q2 FY 2019-20 but the Modi regime cares a lemon
Reading Time: 5 minutes Even though India’s GDP growth fell to a 26-quarter-low at 4.5% in Q2 of FY 2019-20, the Modi regime shows indifference to the problem and lives in denial.
Modi’s Industrial Relations Code, 2019, launches the severest assault on the Indian workforce
Reading Time: 4 minutes The Industrial Relations Code, 2019, is going to launch the severest assault on the working class of India by doing away with permanent jobs in all sectors.
Record 9m job loss in six years shows the critical condition of the Indian economy
Reading Time: 5 minutes A recently-released work paper showed 9m job loss took place in India between 2011-12 and 2017-18, which has pushed the economy to comma due to non-recovery
Will Diwali 2019 kindle hope for the crashing economy?
Reading Time: 3 minutes Diwali is a much-celebrated Hindu festival of north and west India and industries look at it with hope. Can it help the Indian economy to recover in 2019?
Credit Suisse Global wealth report affirms India’s wealth inequality
Reading Time: 3 minutes The Credit Suisse Global wealth report 2019 shows the increasing concentration of wealth in the hands of a few and rising wealth inequality in India.
Why Nobel Laureate Abhijit Banerjee when we’ve Piyush Goyal and Nirmala Sitharaman?
Reading Time: 6 minutes Why one would need economists like Abhijit Banerjee when they can boast of characters like Piyush Goyal and Nirmala Sitharaman to fix an ailing economy?
Being objective: Analysis of Abhijit Banerjee’s Nobel Prize
Reading Time: 7 minutes Abhijit Banerjee won the Nobel Prize in Economic Sciences for 2019. It’s imperative to do an objective analysis of his work to understand what it means.
Ravi Shankar Prasad’s filmy theory exhibits the real doom India is approaching
Reading Time: 4 minutes Ravi Shankar Prasad’s economic slowdown negation using box office collection isn’t funny. It shows where Indian economy is heading under the present regime.
What does a 5% increase in Central Government Employees’ DA means?
Reading Time: 3 minutes The Central Government has increased the DA of its employees. What does this means to the economy and is this increase actually sustainable at present?
Nirmala Sitharaman’s economic circus continues with naked corporate appeasement
Reading Time: 7 minutes Why Nirmala Sitharaman’s latest decision of tax sops to big corporate houses can’t be called anything else than a circus in the name of economic management?