India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
India has replaced genuine welfare—education, health, justice, and environmental care—with short-term handouts that buy loyalty but stunt progress.
‘Micro Loans are Driving an Already Forsaken Population Further Into Distress’: Despite the fact that the poor today are cash starved and are desperate for loans to make their ends meet, our credit apparatus and banking system seem to have forsaken them. Also: ‘Debts to Death: How Microfinance Companies are Crushing the Poor in Bihar’.
India’s large capitalists and India’s people are both facing problems at present. These problems appear to be direct opposites of each other; but in fact they are two faces of the same phenomenon. The first part of this article described the financial situation of the corporate sector. This part describes the financial situation of the people.
‘Legislating the Platform Economy: A Win for Some, Silence for Others’: The new wave of ‘gig’ legislation in India is a welcome development, but it also underscores how uneven India’s social protection architecture remains. Also: ‘The Political Economy of Gig Pensions’.
‘India Needs a Cultural Revolution to Get Rid of the American Dream’; ‘India Disavows “Tianjin Spirit”, Turns to EU’; ‘Who’s Afraid of Donald Trump?’: In a trade war, to retaliate, and not implore, is what a great nation does. Also, extract from: ‘The H1B Paradox: How Brain Drain Became a Symbol of National Pride’ by Ruchi Gupta.
India’s large capitalists and India’s people are both facing problems at present. These problems appear to be direct opposites of each other, but in fact they are two faces of the same phenomenon. In the first part of this 3-part article, the authors describe the financial situation of the corporate sector.
‘Adani’s Great Land Grab in Maharashtra Leaves Farmers Fuming’; ‘The Real Story Behind Assam’s 3,000-Bigha Land Row’; ‘A Land Grab in Disguise’ (in Punjab); ‘Adani Power Receives 1,020 Acres for Lease in Bihar’s Bhagalpur – at Rs 1 Per Acre Per Year’.
‘GDP Data for First Quarter of 2025-26 Estimates Higher Growth But Misses Key Indicator’: A major issue in the estimation methodology used is the non-availability of data for the unorganised sector. It is proxied by a little bit of organised sector data. Also: ‘The Masked Reality of India’s Growth Numbers’.
‘1% Controls 60% of Total Wealth in India, Rich to Get Richer: Report’; ‘India’s Unequal Tax Structure: The Rich Pay Less, The Rest Get Less’; ‘Almost 40% Consumers Struggling to Make Ends Meet: Report’.
‘Return of the Long Working Day!’: A personal experience of an emotionally, physically and financially draining stint with corporate slavery in India’s finance capital. Also: ‘Government of Maharashtra’s Decision to “Reform” Labour Laws is Highly Regressive and a Clear Attack on Labour Rights’.
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