Bank Privatisation Isn’t Conducive for Financial Markets Under Capitalism
State ownership of banks not only provides for wider reach of institutional credit but also for stability of the financial system of capitalism itself.
India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
State ownership of banks not only provides for wider reach of institutional credit but also for stability of the financial system of capitalism itself.
The pandemic forced a fraction of India’s salaried workers to fall back on self-employment or casual work, or to withdraw from the workforce entirely. It was only the salaried who held secure and regular positions who were able to hold on to their jobs.
According to the currently dominant ideology, the private sector is more competent, efficient, and technologically capable than the public sector, and thus public-private partnerships save public money. An examination of these claims, through the case study of the Delhi Airport Metro.
The geniuses at IIT Kharagpur have come up with a new hoax. They have declared the unicorn that appears on Indus valley seals to be a representation of “sage Risya Sringa” of the Ramayana, thus “proving” that those ancient carvers of the Indus valley seals were one and the same as the Vedic people.
The World Inequality Report 2022 has shed light on starkly growing inequalities in India. But, under the present regime, there has been a subversion of discourse required to address these yawning material and social chasms.
Latest CMIE data shows that share of families with two members working has fallen drastically. This means people are surviving on much less income.
The People’s Commission on the Public Sector and Public Services has emphasised that the public sector was created as an essential instrument for achieving a welfare State in India in consonance with the vision articulated in the directive principles of state policy laid down in the Constitution.
In a first, the entrepreneurs of the micro medium and small enterprises (MSME) went on a one-day strike across the country on Monday, in protest against the policies of the Union government that have affected the sector.
Employment trends are dismal under the ‘double engine government’ of Modi and Adityanath. Several other claims made in ads do not appear to hold up.
India’s graded educational system mirrors the country’s stubbornly rigid social hierarchies. The poorest children attend the free government-run schools and those from the highest echelons of Indian society increasingly attend elite schools, with the rest of the society caught in between.
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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