India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
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.
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.
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 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.
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.
Neo-Liberalism and Anti-Inflationary Policy; Inflation – A Junk Economics Perspective; How Corporations Are Using Inflation to Take Your Money.
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.
Along with wheat and atta, prices of vegetables, cooking oils, milk and LPG cylinders are all zooming up.
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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