India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
Fascistic elements move centre-stage only when they get the support of monopoly capital which provides them with ample money and media coverage. This happens when there is a capitalist crisis; the role of the fascistic elements in such a situation is to provide a diversion of discourse.
Previous BJP government in Himachal Pradesh entered a tripartite agreement with the GoI to obtain RDSS to improve the operational efficiencies and financial sustainability of HPSEBL. Is this agreement truly about efficient management, or is it a backdoor entry of the private players?
India will pick up 70% of the tab, the US semiconductor giant will own the plant to assemble and test chips made elsewhere. That’s not called ‘investing in technology’.
The ease of doing business has not come about and investment rates have not increased. An alternatively simpler GST exists but the government is not willing to admit its failure. Further, while the benefits have not accrued to the country, fiscal federalism has been dented.
India’s poverty estimates are outdated. In the absence of accurate data, social security schemes cannot be expected to reach their intended targets.
The RBI, in a recent circular, has allowed compromise settlement for accounts classified as fraud or wilful defaulters. This not only rewards unscrupulous borrowers but also sends a distressing message to honest borrowers who strive to meet their financial obligations.
Protests against a refinery in Barsu have pitted the industrial complex against activists and villagers, putting the State government in a tangle.
In August 1933, Nehru wrote a series of articles published in a pamphlet titled “Whither India?” As our country is still struggling with poverty, inequality of income and agrarian distress, this pamphlet remains as relevant today as it was 87 years ago when it was published.
The estimates of India’s GDP for Q4 2022-23 show a growth rate of 6.1% over Q4 2021-22; for 2022-23 as a whole, the GDP growth rate comes to 7.2%, a shade higher than expected. But this makes not an iota of difference to one’s assessment of the current state of India’s economy.
Statement by PCPSPS: Policymakers have chosen to introduce high-speed passenger trains; unfortunately, the emphasis has not been matched by their focus on safety. Also: ‘Railway Accident in Odisha: Are the Railways Ready for High-Speed Trains?’
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