The Sangh’s Attempts to Appropriate the Secular Netaji Will Simply Not Work
Netaji was very clear that religion had no place in public life and could not be used to unite Indians.
Capitalism | COVID19 | Employment | Indian Economy | Inflation | Poverty | Print Edition
Lies, Despair and a Grotesque Inequality Plagues Indian Economy Today
The government claims that India is on its way to becoming the fastest growing major economy in the world. It has based these claims on manipulative use of data to project a rosy picture. But there are other data sets that run contrary to the government’s claims, ones the govt doesn’t talk about.
Indian Economy at 75: Trapped in a Borrowed Development Strategy
The growth at any cost strategy has been at the expense of the workers and the environment. The situation has been aggravated by the recent policy mistakes – demonetization, flawed GST and sudden lockdown. The challenge before India is not just economic but societal. Unless that challenge is met, portents are not bright for India at 75.
Goods and Services Tax: Faulty by Design
The political economy of the tax is particularly worrisome for two reasons. First, the tax threatens the foundational values of federalism. However, a less appreciated aspect of the tax has been the manner in which it has significantly skewed the pitch against smaller businesses.
Why An Increase In Women’s Workforce Numbers Might Not Be Good News
Anecdotal evidence and data from the latest Periodic Labour Force Survey indicate that economic distress is driving women to take on any sort of work at very low salaries.
The Rupee’s Fall: Is This Time Different?
The recent and rapid depreciation of the rupee vis-à-vis the dollar does give cause for concern. The drivers of the depreciation are not all short term. If the depreciation persists, it may attract the attention of speculators who will resort to measures that accelerate the currency’s decline.
Electricity Bill: Centre’s Reform Measures Contain ‘Carrot and Stick Package’ for States
The proposed Electricity (Amendment) Bill-2022 would weaken the finances of states’ power distribution companies, cripple the states’ finances, impose heavy costs on small consumers (especially farmers), and benefit only corporate houses, says the Peoples’ Commission on Public Sector and Public Services.
Inflation and Junk Economics – 3 Articles
Neo-Liberalism and Anti-Inflationary Policy; Inflation – A Junk Economics Perspective; How Corporations Are Using Inflation to Take Your Money.
Why Are Global Wheat Prices Rising So Much?
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.
Modi Govt Struggles to Control Runaway Price Rise
Along with wheat and atta, prices of vegetables, cooking oils, milk and LPG cylinders are all zooming up.