India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
Courtesy: News Click Joan Robinson, the well-known economist, had drawn attention to a fundamental difference between foreign direct investment (FDI) in the manufacturing sector and in a sector that extracted an exhaustible resource, such as a mineral product. This difference can be illustrated with an example. Suppose in both sectors profits worth Rs 100 are…
The class function of Hindutva is becoming clearer by the day. In the lee of Hindutva, the Modi government is embarking on a massive programme of privatisation of the public sector, and of attack on the working class. Such a programme could not have been launched under the “normal” circumstances of capitalist rule; it would…
The government has finally admitted that the Indian economy is on a steep downturn. For some time now, even the business community, which tends to shower all praise and disapprove any criticism of the reformist Modi dispensation, has expressed concern about deteriorating economic conditions and the absence of any decisive action on the part of…
One of the major promises on which the 2014 elections were won was massive job creation. Even after its stunning victory in 2019, primarily fought on the national security plank, among the first things the new Narendra Modi government did was to set up a cabinet committee to create jobs. How successful has it been?…
Only a few weeks ago, the central government was talking grandly about India reaching a $5-trillion economy and refusing to recognise the severe slowdown India is going through. (This is not such a grand ambition when compared with China, which is often portrayed as India’s competitor, because by 2025, China’s economy is expected to achieve…
One phenomenon common to the years of the Narendra Modi government and the current economic slowdown is bank frauds. According to the Reserve Bank of India’s annual report 2018–19, the total amount involved in bank frauds was to the tune of Rs 71,542.93 crore in 2018–19 as compared to Rs 41,167.04 crore in 2017–18, a…
There is no longer any room for doubt on the parlous state of the Indian economy. The automobile industry, seen as a bellwether of activity in the post-liberalisation years, is in crisis, as automakers, parts manufacturers and dealers have laid off about 350,000 workers since April this year, with more job cuts likely. While this…
On 20th August, 2019 Indian Express e-paper carried an unusual advertisement by the Northern India Textiles Mills Association about Indian Spinning Industry facing a huge crisis. The spinning mills are incurring huge loses, they are not in a position to buy Indian cotton, livelihood of 10 crores people, directly or indirectly, dependent on textile industry…
It is ironical that the Narendra Modi government, which never tires of reminding everybody about their nationalism and patriotism, is actually following an economic policy of selling off the country’s national resources to foreign companies. It recently announced measures of easing foreign direct investment (FDI) in coal mining and associated infrastructure, contract manufacturing, single brand…
Suddenly, it seems like everything is shrinking in India: Our capacity for tolerance and diversity, the space for democratic expression and dissent—and now, economic growth. The warning signs have reached a point where they cannot be ignored any longer, and more people, including prominent business leaders, are speaking out. Yet, at least overtly, the government…
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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