India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
The Finance Minister has been claiming that the record high Gender Budget signals the government’s commitment for enhancing women’s role in economic development. In this article, we analyse the Gender Budget Statement.
Adani Enterprises Ltd, tasked with developing coal mines in Chhattisgarh’s Hasdeo Arand forest, is swallowing up land, trees and villagers’ rights in collusion with the State government, violating the Panchayats (Extension to Scheduled Areas) Act (PESA), 1996 and the Fifth Schedule of the Indian Constitution.
The Modi government repeatedly pushed the deadline since 2015 for coal-fired power plants to install devices for curbing noxious emissions after the power producers wrote over 20 letters lobbying with the government to lower emission norms.
With stable employment outside government scarce, educated female aspirants say they are being pushed towards domesticity and marriage after repeated cancellation of exams.
No budget in post-independence India had been as openly cynical about the lives of the vast masses of the working people as the one presented on February 1, 2025.
The Modi Government released a National Health Policy in March 2017 that promised to increase the health expenditure of the Centre and States to 2.5% of GDP by 2025. This article discusses the Modi Government’s actual health policy during the past ten years.
India is facing a hunger and malnutrition crisis. In this article, we examine the Modi Government’s budgetary allocations for the various schemes meant to address the nutrition requirements of the people in the eleven budgets presented from 2014 to 2024.
There is a sense of panic gripping financial markets in India. The immediate causes are a combined slide of indices of stock markets and of the rupee vis-à-vis the US dollar. At the root of this problem is the hugely increased presence of foreign financial capital in India’s market. That consequence of financial liberalisation cannot be easily corrected.
The price for the NPAs of the big corporates is ultimately paid by the aam aadmi. Given that such huge provisions for the NPAs tie up a large portion of funds, it in effect limits the credit available for lending to key sectors like agriculture or MSMEs.
Budgets for most of the schemes and departments, such as education, health, social security pensions, and mid-day meals, are either stagnant or have increased only nominally. Accounting for inflation, the NREGA budget is effectively lower by ~Rs 4,000 crore compared to the FY2025 budget.
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