India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
Biden’s relief package comes to almost 10% of US GDP; this comes on top of a similar package announced by Trump earlier. It not only represents a jump in social expenditure, it is primarily being financed by taxing the rich. A sharp difference from what has been done by Modi in India.
The government did not give out relief packages in order to avoid stretching beyond its fiscal deficit limit, because it would have been frowned upon by global finance.
A country that ranks 94 among 107 countries in the Global Hunger Index can’t be said to be self-sufficient in foodgrains. The surplus stocks are due to shortage of purchasing power in peoples’ hands.
Till now there was an arrangement in the country under which, even though agriculture was crumbling under the impact of neo-liberalism, the peasantry was kept alive. The three laws brought in by the Modi government are meant to remove this life-line altogether.
The entire practice of the kisan agitation constitutes an emphatic rejection of the ‘nationalism’ propagated by the corporate-Hindutva alliance, and a recovery of the real nationalism that underlay the anti-colonial struggle and provided the foundation for free India.
The acquisition of property through inheritance is contrary to the bourgeois justification for capitalist property, and so imposition of inheritance tax is perfectly justified. This is why most capitalist countries have high inheritance taxes.
While the economy is climbing out of the abyss, since the recovery is occurring despite an absolute worsening of the conditions of the working people relative to GDP, it will get aborted before long.
Celebrating demonetisation as a success story that has led to formalisation indicates everything that is wrong with the government’s economic policies.
Compared to the the seasonally adjusted fourth quarter figures of 2019, the labour hour losses for the first three quarters of 2020 for the South Asia region were 3.1, 27.3 and 18.2% respectively.
Foreign investors and multinational companies have been pushing countries like India to become food-import-dependent and divert land devoted to food grain toward crops that imperialist countries can’t grow.
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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