India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
There is a sense of panic gripping financial markets in India. The immediate causes are a combined slide of indices of stock markets and of the rupee vis-à-vis the US dollar. At the root of this problem is the hugely increased presence of foreign financial capital in India’s market. That consequence of financial liberalisation cannot be easily corrected.
The long-term structural weakness in India’s balance of payments cannot be the sole determinant of the rupee’s movements. This view is strengthened by the evidence that during the recent fall in the value of the rupee vis-à-vis the dollar, it has actually appreciated relative to the currencies of other trading partners.
The recently released report from the MoSPI provides some estimates of how the value of agricultural output has changed since 2011-12. The broad national picture of both agricultural output and specifically crop output should be worrying for anyone concerned with the Indian economy and the fate of its people.
At the start of May 2023, the central government released yet another statement exuding optimism about the progress of India’s Goods and Services Tax regime, based on the previous month’s collections. An analysis of India’s GST performance.
An article in two parts, that examines the trends in real wages of casual workers and self-employed workers in rural and urban India, before the pandemic, during the pandemic and after.
The Economic Survey claims that India has managed the past year very well in external terms, actually increasing its share of world exports. How much of this self-congratulation and optimism is actually warranted?
The tax system heavily favours large corporations, and has become even more so in recent times.
The global food crisis is being blamed on the war in Ukraine. Certainly, this war has been a catalyst for the recent spikes in food prices—but seeing that as the only cause is not just simplistic; it risks policy inaction to address some of the other factors, that can be controlled.
A recent NSSO report shows that the recent expansion in education has involved a huge increase in costs for households, creating a situation in which education beyond the secondary level is essentially unaffordable for most working people, and even school education involves high costs.
The Centre’s unjustifiable conservative fiscal stance has continued, worsening the impact of the health emergency and imposing long-term costs on the people.
Janata Weekly is India’s oldest independent socialist weekly.
Ever since its founding in 1946, Janata has voiced its principled dissent against all conduct and practice that is detrimental to the cherished values of nationalism, democracy, secularism and socialism, while upholding the integrity and the ethical norms of healthy journalism. For more than seventy years now, week after week, it has continued to analyse the changes taking place in the country and the world from a socialist standpoint, and thus promote the spread of socialist ideology in the country.
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