Just These Two Things, Madam Finance Minister
Recent economic events make it clear there are two Indias. Which one should the upcoming Budget speech address?
World and India Billionaire and Millionaire Wealth Tax: Revenue Estimates; ‘With Exploding Inequality, India Can’t Continue With Business As Usual’
A progressive wealth tax on the world’s richest people would raise $3.62 trillion a year – more than enough to pay for lifting 3.3 billion people out of poverty, vaccinate everyone in the world, and provide universal social protection and healthcare. Also – discussion on extent of India’s inequality and solutions for a more equal society.
A Tale of Two Indias
Pandemic in India has seen a majority of its citizens going hungry to bed while another, smaller, section making millions. An inclusive, sustainable, and equitable recovery must deal with the triple crisis of the economy, health and climate.
Modi’s Portrayal of Netaji as a Hindu Militarist Does the Secular, Socialist Bose a Disservice
By highlighting the military aspect of Bose’s personality and his Hindu credentials, the Hindu right-wing is projecting him as a person close to prime minister’s parent organisation, the Rashtriya Swayamsevak Sangh (RSS) and its aggressive Hindu nationalist rhetoric.
As the Mega LIC IPO Looms, Did it Fulfill the Objectives of Nationalisation?
The arguments advanced in favour of LIC IPO by the government are that it would ensure greater accountability and transparency. But the insurer has always been accountable with an unblemished record of protecting the interests of the policyholders.
What Is ‘Formalisation’ of the Economy?
The informal sector is not made up of tax dodgers but largely of enterprises struggling to survive. It will take a structural transformation for the informal to become formal. The recent contraction of the informal was only a pandemic-induced shock.
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.
Covid-19 and the Informalisation of India’s Salaried Workers
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.
Public Private Partnerships – Subsidy and Impunity for Private Corporations
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.
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The Age of the Unicorn, Brought to You by IIT Kharagpur
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.