-The Indian Express In the commercial vehicles section, sales of Tata Motors, the largest commercial vehicle maker, fell by almost half as against August 2018. Mahindra & Mahindra (M&M), the second-largest manufacturer, posted a 28 per cent decline. The slowdown in the auto sector has worsened, with leading car manufacturers posting up to a 50 per cent drop in sales for August 2019 as against the corresponding month last year. Sales...
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Professor Amiya Bagchi, Marxist economist, interviewed by Subhoranjan Dasgupta (The Telegraph)
-The Telegraph "The government has miserably failed to stimulate the domestic economy. It has spent less and less on public education, healthcare and infrastructure because of its erroneous policy" The Modi government has an ambitious plan to create a $5-trillion economy in the next five years — but all data points are heavily stacked against it. The economy is floundering and the Reserve Bank of India has already trimmed its growth forecast...
More »The salience of the Singur verdict -Suhrith Parthasarathy
-The Hindu A more progressive Central law on land acquisition is now in place, but several States have already either amended the new law or enacted legislation of their own. On August 31, the Supreme Court in Kedar Nath Yadav v. State of West Bengal delivered one of the most momentous decisions of the year. It invalidated the expropriation of land in Singur by the erstwhile Left Front government in Bengal, and...
More »Singur Case and the Idea of Justice -V Krishna Ananth
-Economic and Political Weekly While the recent Supreme Court judgment in the Singur land acquisition case has provided relief to the people who lost their lands to Tata Motors Limited, the ruling looked at procedural lapses in the land acquisition law rather than question the concept of "public purpose" that is being distorted to include private interests. Please click here to read more. ...
More »What next in Singur? Mamata govt leaves tricky choice to farmers -Aniruddha Ghosal
-The Indian Express But they can’t make up their minds whether to farm, sell or give up their land to industry. Kolkata: Days after the Supreme Court judgment striking down the acquisition of land for Tata Motors’ car factory in Singur, the government is trying to prepare 997-acre plot for return to its original owners. But with the land’s agricultural potential still under a question mark, Agriculture Minister Purnendu Bose said...
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