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?
The women’s suffering goes unnoticed in this period of economic crisis
Reading Time: 4 minutes Women suffer the most as the gloomy clouds hover over the Indian economy and the automobile sector, causing massive job loss and unemployment.
FM’s packages for real estate and export sectors won’t reverse the economic crisis
Reading Time: 5 minutes With much doldrums, Nirmala Sitharaman announced packages for the real estate and the export sector. However, the packages aren’t going to help at all!
Modi’s 100 days’ trailer was frightening, the film yet to arrive will be repugnant as well
Reading Time: 9 minutes Modi said that the first 100 days of his second innings were merely showing the trailer, the film is yet to come. India shivers thinking about the film.
Nirmala Sitharaman and the melancholy of the Indian economy
Reading Time: 6 minutes Nirmala Sitharaman’s fiasco over Millenials causing automobile sector crisis through their lifestyle shows how naive she is about economics, her major.
Resist public sector bank privatisation through mergers to save the economy
Reading Time: 7 minutes Nirmala Sitharaman’s decision to merge 10 public sector banks into four big banks is actually a step towards their privatisation, which must be resisted.
Modi’s selective corporate appeasement policy irks a large section of comprador capitalists
Reading Time: 8 minutes Though a small gang of big crony-comprador capitalists like Adani or Ambani groups are happy with Modi, there is a general disenchantment among others.
Even fudged GDP figures show unfit economy crashing while Modi plays Fit India
Reading Time: 6 minutes As the GDP growth fell to 5% for Q1 of FY 2019-20, the Modi regime is showing no concern for the unfit economy and the prime minister is busy with Fit India
The curiosity over the fate of Rs 1.76 trillion RBI surplus usurped by the Modi regime gripped the country
Reading Time: 6 minutes The news of the Modi regime receiving a record Rs 1.76 trillion from the RBI’s reserve is now viral, what isn’t is the government’s intention over the usage
Nirmala Sitharaman’s dosage won’t cure the Indian economy’s paralysis
Reading Time: 13 minutes Last week Nirmala Sitharaman declared a host of measures in a bid to revive the distressed economy. Unfortunately, none of them has the potential to cure it.
Troops in Kashmir when economy in tatters: Modi peddles old wine in a new bottle
Reading Time: 7 minutes The Modi regime’s decision to increase troops in Kashmir and end the Amarnath Yatra are gimmicks to draw attention from India’s worsening economic slowdown.