-Scroll.in The cast of characters readers will meet is staggering, and necessary, to understand the complex relationship between democracy and some the poorest people. Very few books on poverty in India are as nuanced as Indrajit Roy’s Politics of the poor: Negotiating Democracy in Contemporary India. From its very first page, Roy has his readers agog when he informs them that “the world is richer than it has been at any time...
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Modi govt’s monetisation scheme is nothing but a scam being paraded as a plan, cleverly camouflaged in jargon -CP Chandrasekhar
-National Herald It is a scheme to engineer a transfer of income and Wealth to those at the apex of the Wealth pyramid. It is just a way to hand over Wealth created with public money over decades to corporates Camouflaged In jargon that speaks of ‘monetisation of de-risked assets’, the BJP-led NDA government has announced its plan to sell out India’s public sector. In that plan, assets ranging from roads, ports,...
More »A cycle of low growth, higher inflation -Anand Srinivasan
-The Hindu Unless policy action ensures higher demand and growth, India will continue on the path of a K-shaped recovery In recent times, right-leaning economists have been arguing that the Government does not need to do anything with the economy and that it will revive by itself. They call those who disagree with them, doomsday merchants. These economists reason that, like after the Great Depression, the economy rebounded worldwide, and so will...
More »30 Years of Economic Reforms – A Saga of Growing Inequalities -Prabhat Patnaik
-Newsclick.in The votaries of economic reforms miss the point that while it may have increased GDP growth rate, it has worsened the conditions of the working people. It is 30 years since India adopted neoliberal policies in 1991, though some would date their introduction even earlier to 1985. Newspapers are full of assessments of the impact of these policies on the economy, and liberalisers from Manmohan Singh downward, have suddenly become visible,...
More »Needed: an anti-trafficking law -Kailash Satyarthi
-The Hindu Human trafficking is a crime in itself, but it is also the propeller of several other crimes Sita was 13 years old when she was trafficked. Her parents worked in a tea garden in Assam for meagre wages. She was trafficked to a placement agency in New Delhi, and bought for about ₹20,000 as a domestic worker by a couple. Sita was not paid a single rupee. Instead, she was...
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