Budget 2019: Pension Scheme for Unorganised Workers Is Yet Another Illusion

Budget 2019: Pension Scheme for Unorganised Workers Is Yet Another Illusion The NDA government in its last budget before the election has announced an ambitious pension scheme for unorganised sector workers.   Given its tendency for hyperbole, the scheme is already being touted as the largest pension scheme in the world with 100 million potential…

Venezuela Defines the Future of the Region

Venezuela Defines the Future of the Region Guaidó’s self-proclamation as Venezuelan president is the most ridiculous and dangerous coup attempt in recent years. With the shameless backing of Washington, the Venezuelan rightwing intends to place a complete stranger at the helm of the state.   This time around, the starting signal was neither a terrorist…

Terrifying Assessment of a Himalayan Melting

Terrifying Assessment of a Himalayan Melting While the global media’s attention is on the Greenland ice sheet, the Arctic and eastern Antarctica, a landmark report released this week shows that the Himalaya will face catastrophic meltdown during this century if there is no immediate effort to reduce the world’s carbon emissions.   The voluminous 627-page…

A New Temple, a New Mosque

A New Temple, a New Mosque Even as a five-judge bench of the Supreme Court seems ready to hear the case about the Ayodhya site where the Babri mosque (said to have been built in the 1520s) stood until its demolition in December 1992, the central government has asked the Court to release from its…

Modi’s Startling Pre-Election Budget, Massaged by Creative Accounting

Modi’s Startling Pre-Election Budget, Massaged by Creative Accounting Let’s get one thing clear. This is not an interim Budget, whatever the government finally agreed to call it. The sweeping promises made on both expenditure and taxation fronts are well beyond the limited minor changes that are supposed to be allowed in a vote-on-account or interim…

Budget 2019: Neither Interim, nor Substantial

Budget 2019: Neither Interim, nor Substantial In a pre-election budget speech filled with propaganda about the supposed developmental achievements of the Narendra Modi government, acting finance minister Piyush Goyal read out a text that both window-dressed the revised estimates and violated all norms that should apply to an interim Budget.   Even while engaged in…

Yellow Vests and Red Unions Strike Together

Yellow Vests and Red Unions Strike Together On February 5, as the Macron government pushed harsh repressive laws against demonstrators through the National Assembly, the Yellow Vests joined with France’s unions for the first time in a day-long, nation-wide “General Strike.”   At the very moment when in Paris the lower house was voting to…