Tag: economic crisis
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?
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.