Why Were 1.3 Crore Jobs Lost in June?
Most of the job losses were in agriculture, but 25 lakh salaried jobs were also lost.
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Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
Most of the job losses were in agriculture, but 25 lakh salaried jobs were also lost.
This is in contrast to estimated 84% of Indian families reporting decline in their earnings due to pandemic-related lockdowns and restrictions
Along with wheat and atta, prices of vegetables, cooking oils, milk and LPG cylinders are all zooming up.
The central government has raked in over Rs. 18 lakh crore from excise duties compared to Rs. 14 lakh crore from taxes by all state governments over the past eight years.
The government has raised more than Rs 97,000 crore in 2021-22 by leasing out state-owned properties to various private entities, including global pension funds. The properties include those related to coal mining, various bits of highways, power transmission lines, etc.
Current foodgrain stocks are twice the statutory limit, procurement is at an all-time high, as is output – yet the Modi government is silent on extending the free ration scheme.
Latest CMIE data shows that share of families with two members working has fallen drastically. This means people are surviving on much less income.
In the name of spurring ‘growth’ and ‘employment’ the Modi government has decisively reduced taxes levied on big business while increasing the burden on common people through direct and indirect taxation.
The Central government continues to squeeze millions of Indians by relentlessly raising the prices of essential fuels, such as cooking gas and petrol/diesel. The real reason for this price rise: the Modi government has been relentlessly increasing excise duty on petroleum products.
The Modi government’s National Monetisation Pipleline will hand over India’s key infrastructure to private entities for a song.
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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