-Newsclick.in The roots of the present economic slowdown squarely lie within the neoliberal trajectory, which has LED to a crisis of overproduction. Demonetisation and ‘hasty’ GST only aggravated it. With former prime minister Manmohan Singh resurfacing on the political landscape and articulating once more the orthodox neoliberal position, one can now clearly discern three distinct perspectives on the current economic slowdown. The first is the orthodox neoliberal position that Singh has now articulated....
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Prabhat Patnaik, an economist and former economics professor at the Jawaharlal Nehru University, interviewed by Kaushal Shroff (The Caravan)
-CaravanMagazine.in In the budget unveiLED in July, the finance minister Nirmala Sitharaman ambitiously claimed that India’s economy would hit $5 trillion by 2025. In the weeks that followed, the Central Statistics Office reveaLED that the gross domestic product growth rate for the April–June quarter fell to a six-year low of five percent; the Reserve Bank of India cleared a surplus transfer of Rs 1.76 lakh crore to the union government; and...
More »All about malnutrition and starvation deaths in India
-The Hindu The Supreme Court has agreed to examine a plea that starvation deaths continue to eat into the right to life and dignity of social fabric and a “radical” new measure like community kitchens need to be set up across the country to feed the poor and the hungry. A Bench LED by Justice N.V. Ramana issued notice on Monday to the government on the petition fiLED jointly by activists Anun...
More »Supreme Court continues its stay on eviction of lakhs of forest dwellers
-The Hindu Their claims for forest land rights have been rejected under the Forest Rights Act of 2006 The Supreme Court on Thursday continued its stay on the eviction of lakhs of ScheduLED Tribes and other traditional forest dwellers whose claims for forest land rights have been rejected under the Forest Rights Act (FRA) of 2006. A Bench LED by Justice Arun Mishra posted the case for hearing on November 26 and said...
More »Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-LED government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
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