HNL is now KPPL: Kerala Govt Scripts Revival Story of Central PSU
When the Centre decided to sell HNL to private parties on a massive disinvestment drive, the Kerala government stepped in to take over the paper products manufacturer.
Capitalism | COVID19 | India | Online Blog | Privatization | Science
Gutting India’s Public Sector Vaccine Makers
India’s once-thriving public vaccine manufacturers were absent during the pandemic. This was not due to a lack of capability. The problem has been active neglect by the government.
Nineteen of Fortune 100 Companies Paid Nominal or No Tax in 2021
A CAP analysis shows companies like Amazon and Microsoft paid less than 10% tax while AT&T and Dow claimed a refund.
LIC’s IPO: A Scam of Gigantic Proportions
The headlong rush to list LIC shows shocking disregard for public interest while pandering to the whims of speculative “investors”. The IPO’s pricing indicates that it is perhaps India’s biggest-ever privatisation scandal.
Coal Shortages and Power Cuts: Mismanaged Electricity Supplies
None of the Centre’s explanations for the coal and power shortages hit the mark. The government took no preventive steps though the severity of this crisis was long foretold. The real culprits are its notion of what constitutes power sector ‘reforms’ and lack of inter-ministerial coordination.
Petrol/Diesel Prices: Who is Responsible for Back-breaking Hikes?
The central government has raked in over Rs. 18 lakh crore from excise duties compared to Rs. 14 lakh crore from taxes by all state governments over the past eight years.
Fact Check: Has Extreme Poverty in India Really Dropped Below 1%, as a New IMF Paper Claims?
Economists are sceptical of the claim that the country’s food security scheme helped avert a rise in extreme poverty. Here’s why.
Fall-out of the Ukraine Conflict on India’s Economy
The Indian economy was already in crisis before the Ukraine War. However, the rulers are putting all the blame for this on the Ukraine war, an “act of God”, as it were. That provides them a ready alibi, and diverts from the already alarming condition of the people before the impact of the war.
Demonetisation, GST and Covid Doom India’s Handloom Sector
This is a largely informal industry, where the finest, most brilliant and sensitive of the nation’s craftspeople work, in dilapidated machines and subhuman conditions, celebrating centuries of inherited, meticulous and painstaking art forms, etched in archival memory. It is in deep crisis …
Remembering Mangoo Ram Mugowalia, the Revolutionary Leader Who Challenged Caste
Mangoo Ram Mugowalia passed on April 22, 1980 at the ripe age of 94. In a political career spanning 65 years, Mangoo Ram made remarkable contributions. Most notably, he was a member of the Ghadar Party and shaped the Ad-Dharm movement in Punjab.