India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
While 70.5% of Indians were unable to afford a healthy diet, the corresponding numbers were lower for China (12%), Brazil (19%), and Sri Lanka (49%). However, Nepal (84%) and Pakistan (83.5%) fared poorer than India.
A union government decision to cut funding to states that do not ensure children and mothers getting free food have Aadhaar IDs could cause millions of poor families to lose key sources of nutrition. The move violates a Supreme Court order that no subsidy or service may be denied for want of an Aadhaar number.
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.
The Dakshin Railway Employees Union (DREU) has said that the launch of Bharat Gaurav Trains is an ominous sign of total privatisation of the Railways in the years to come – as it will lead to a complete dry up of railway revenues.
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.
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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