India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
Official economists have been making strenuous attempts to show that a huge reduction in poverty has taken place in the country during the past 10 years. In this article, we first critically analyse these claims, and then present several other datasets about the real state of poverty and hunger levels in the country.
With the government assuming that India’s external sector situation is very comfortable, the FM’s budget speech does not contain even a single line regarding the external accounts situation of our country! In this fourth article of our budget analysis of the past 10 years, we discuss India’s external accounts situation.
Ever since the Modi Government came to power in 2014, it has been claiming that its economic policies have made India one of the fastest growing large economies in the world. India is expected to become a 5 trillion dollar economy by 2027-28. This article attempts to analyse these projections.
In this second article of our budget analysis of the past 10 years of the Modi Government, we critically analyse the unemployment data given in official documents that claim that unemployment in the country has fallen to historic lows.
Union Budget documents show that the budget outlay this year is just 6.1% above last year, which means it is stagnant in real terms. Within the limited budget outlay, Finance Minister Nirmala Sitharaman has announced a hike in capital expenditure (or capex) of 16.9%. What is the real reason behind this increase?
The Indian economy is in deep crisis. The actual growth rate of the economy is much less than is being projected by the Modi Government. The people are facing a colossal unemployment, poverty and hunger crisis. Therefore, the government needs to increase its spending on the people, by increasing the budget outlay. Has this happened in Budget 2024?
The Modi Government has unashamedly transferred enormous amounts of public funds and public wealth to the country’s biggest corporations. This has been the sole aim of PM Modi’s economic policies of the past 10 years. This article presents a brief overview of some of these transfers.
Ever since Modi took over the reins of the Central Government in 2014, his government has been embroiled in innumerable scams, from demonetisation to the PM Cares scam to whitewashing the corruption cases against opposition politicians after they join the BJP. But the electoral bonds scam puts all previous scams in the shade.
This three part series takes a look at the economic situation in the country in early 2024, in the context of the claims being made by the Modi Government regarding the state of the economy. In the second part of this series, we take a look at the unprecedented unemployment crisis gripping the country.
In this third part of our review of the economic situation of the country in early 2024, we take a look at India’s poverty levels, and the hunger and malnutrition situation in the country.
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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