Tag: economic crisis
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?
Capitalism and class struggle in the era of Coronavirus
Reading Time: 5 minutes The importance of class struggle against the capital’s unbridled attack on working class was never felt as much it’s felt now, during the era of Coronavirus
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?
Understanding the economic repercussions of Coronavirus in India
Reading Time: 9 minutes What will be the economic repercussions of Coronavirus in India? Who will suffer the most and who will profiteer from the agony of millions?
Modi’s fake assertions won’t resolve India’s economic woes
Reading Time: 3 minutes Modi’s fake assertion about India becoming a $5 trillion economy by 2024-25 ignoring the vexing alarm of the crisis-ridden economy will worsen things.
Modi regime’s privatisation drive aims to jeopardise India’s future
Reading Time: 5 minutes Putting SAIL, LIC, BSNL, Air India, Indian Railways, etc, on sale, the Modi regime’s privatisation drive is taking Indian economy towards a catastrophe.
Nirmala Sitharaman’s Union Budget 2020-21 speech didn’t mention “unemployment”
Reading Time: 3 minutes Did you know that in Nirmala Sitharaman’s Union Budget 2020-21 speech, the term “unemployment” has been cunningly dropped and not used even for once?
The Economic Survey 2019-20 is less economics more fiction
Reading Time: 3 minutes The Economic Survey 2019-20 report presented by Chief Economic Advisor Krishnamurthy V Subramanian is merely a fiction, fantasies and has no economics in it
Will the economic slowdown in India worsen further?
Reading Time: 3 minutes The economic slowdown in India is worsening the situation each day, but the government is looking into easy rescue options like foreign debts.
CFPI inflation in December 2019 going to worsen India’s cataclysmic economic crisis
Reading Time: 3 minutes The CFPI inflation in December 2019 rings a vexing alarm for the Indian economy that’s heading towards a cataclysmic crisis at present. Will Modi listen?
Modi’s Union Budget 2020-21 to help only big capitalists amidst an economic crisis
Reading Time: 3 minutes There is no surprise elements in Modi regime’s Union Budget 2020-21 as it’s going to be the most naked corporate appeasing budget of post-colonial India.
Indian economy in 2020: Railway and LPG hikes indicate imminent doom
Reading Time: 4 minutes Indian economy in 2020 won’t be out of the lethal crisis the Modi regime has pushed it into. The rail fare and LPG cylinder price hikes are indicating this.
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?