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.
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Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
Neo-Liberalism and Anti-Inflationary Policy; Inflation – A Junk Economics Perspective; How Corporations Are Using Inflation to Take Your Money.
This is in contrast to estimated 84% of Indian families reporting decline in their earnings due to pandemic-related lockdowns and restrictions
The economy faces stagflation. The government has announced some steps, but much more needs to be done. Also: “The Indian Economy Is Heading for a Stationary State”: The economy has shown no growth at all over the two year period.
The government’s lack of respect for national surveys on consumption has meant that the door has been opened to preparation of unofficial estimates on poverty made on questionable assumptions. Two such recent estimates highlight the need to resume collection of data to get a true picture of poverty.
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.
The Metro rail network is failing miserably in different cities. In Bangalore steps to check the falling ridership of Namma Metro are not helping. In Mumbai in the new Metro line the response is so poor, one can count on one’s fingers the number of commuters in the compartment.
India’s health sector is beset with too many problems most of which can be traced to inadequate funding. Poor funding has led to poor capacity and poor quality of healthcare.
Given the severe shortage of coal supply from CIL at present, and states being asked to buy imported coal at three times the cost, it is imperative that the PM conducts a serious inquiry into what went wrong with the government’s 2016 plan to eliminate coal imports by 2020.
The crisis is well known and has been written about for decades now. Government intervention has taken place but little has changed.
Gujarati Dalits will ferry a one-tonne brass coin dedicated to BR Ambedkar to Parliament for the 75th anniversary of Independence. They want to remind MPs that they have failed to eradicate untouchability.
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