Tag: Indian economy
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
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.
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.
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.
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?
The Indian economy’s crisis intensifies as the government remains nonchalant
Reading Time: 4 minutes The Indian economy’s crisis has intensified in the recent months, but the government remains nonchalant and takes half-hearted measures.
Does Modi intend to revive the Indian economy at all?
Reading Time: 4 minutes Does the Modi regime has any plan to revive the Indian economy from the present paralysed state or it’s going to be indifferent forever?
How long the Indian economy’s irreversible crisis can be concealed by the Modi regime?
Reading Time: 3 minutes These days the Delhi Police has literally hijacked the limelight by bringing forth a 1.1m-page-long chargesheet against former Jawaharlal Nehru University student Umar Khalid. But whatever may be the discourse […]
By invoking “Act of God” Sitharaman attempts to bankrupt the states
Reading Time: 3 minutes Why Nirmala Sitharaman invoking “Act of God” clause to deny states their GST dues is actually an illegal action and attack on federalism?
India’s economy going downhill and Modi’s rhetoric won’t help it save itself
Reading Time: 6 minutes While a few companies posted growth in their Q1 FY 2020-21, it doesn’t mean that the entire economy is growing, rather it’s going downhills now under Modi.
NPR and NRC in post-lockdown phase is a dire necessity for the Modi regime
Reading Time: 5 minutes The rollout of the NPR and NRC in post-lockdown phase is inevitable as the Modi regime will try to provide cheap labour pool to big corporate houses now.
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.
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?
Why the corporate world isn’t truly happy with Modi’s Rs 20 trillion package?
Reading Time: 3 minutes Though Modi’s Rs 20 trillion-worth so-called “fiscal stimulus” package was all about selling India to corporates, why the latter aren’t quite happy now?
Sitharaman’s announcements on day one peddled liquidity as fiscal stimulus to dupe people
Reading Time: 7 minutes Nirmala Sitharaman’s announcements, on the first day of the many days she will announce details of Modi’s Rs 20 billion-worth package, were simply hollow.
Part II: COVID-19, fictitious capital and financial crisis
Reading Time: 8 minutes The second part of the analysis of the COVID-19 pandemic, share buy back and fictitious capital: A capitalist effort to survive the financial crisis.
COVID-19, fictitious capital and financial crisis
Reading Time: 7 minutes The COVID-19 isn’t the cause of the quagmire in which capitalism is in at the moment. The pandemic only triggered what was inevitable. An in-depth analysis.