India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
Recently, the High Court of Odisha has stayed the process of land alienation for Jindal Steel Works (JSW) in Jagatsinghpur; the National Green Tribunal has also also suspended the ECs obtained by JUSL due to illegalities.
In India, out-of-pocket expenditure of people on health was more than the government’s expenditure on health, according to the Economic Survey 2022. Over 63 million Indians are faced with poverty every year due to health costs alone, according to government estimates.
It has been 13 years since farmer Kamal Chandra’s suicide in Chiltampalle village. His wife Parameshwari is still struggling to repay his loans from private moneylenders for which she has no written records.
An excerpt from ‘Dharma: Hinduism and Religions in India’ by Chaturvedi Badrinath. He writes: It is a fact of profound significance that the only identity ancient Indian thinkers gave to themselves was in terms of dharma — which they conceived to be the identity of man anywhere.
He was an amazingly secular person. The ease with which Bismillah, a Shia musician, embraced the tenets of the Hindu faith seems improbable in the present day.
The Pentagon has rolled out its proposed budget for Fiscal Year 2024: a stunning $842 billion. That’s the highest level requested since World War II, except for the peak moment of the Afghan and Iraq wars, when the United States had nearly 200,000 troops deployed in those two countries.
Russia, Iran, and Venezuela – all allies of China – account for 40 percent of OPEC+’s proven oil reserves, with the GCC making up another 40 percent. If these three states alone settle their energy exports in yuan, the petroyuan is here to stay.
So is it all over? Well, it ain’t over til it’s over. The latest Fed data from show that U.S. banks lost $100bn in deposits in one week. Since the crisis started three weeks ago, while the large U.S. banks have added $67bn, the small banks have lost $120bn and foreign-owned banks $45bn.
A look at sub-imperialism and multipolarity in Brazil historically and into the future.
Decades of looking to the IMF for salvation has yielded only crises. Sri Lanka’s economic crisis demands urgent relief measures for a desperate citizenry and a new, self-sufficient model of development.
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