The perils of Indian economy are products of directionless economic policies of Modi government. It is led by ignorant leadership and arrogance of Hindutva politics based on exclusionary ideology, which is inspired by European Nazism and fascism. There is a method madness in the reactionary politics of BJP and RSS. It intends to convert multicultural India into a monolithic India[Read More...]
At that time, the peacock was eating the grain given by its lord in the bungalow of Lok Kalyan Marg. And by that time, the number of coronavirus affected people has reached 30 lakhs 30 thousand and 752. And 57 thousand 524 people have died. Exactly four days later, the finance minister of the country had discharged her duties by[Read More...]
Coronavirus could have sounded the death knell for capitalism. The Economic Times called it a time of “ethical reboot,” while New Statesman invoked “the need for an entirely new economic system” of governance. This could have become our new reality, if not for the governments all over the world swooping in to rescue their most beloved—The Corporates. Our current business-centric,[Read More...]
The Finance Minister of India, Ms Nirmala Sitharaman in Mr Narendra Modi led BJP government has attributed the pandemic led economic downturn as an act of god. She is not alone in this ‘act of god’ bandwagon. The theological reasoning gives temporary relief to the ruling classes but failed to provide long term hiding ground in history. The extra ordinary[Read More...]
The Reserve Bank of India (RBI) has slashed its growth forecast for this financial year and warned of inflation uncertainties as India’s economy suffers due to the Covid-19, pandemic. While the country’s GDP growth is set to “remain in the negative territory with some pick up in second half” of the 2020-21 fiscal year, RBI Governor Shaktikanta Das did not[Read More...]
Nothing could have brought the global economy to a grinding halt like the COVID-19 pandemic in recent history. Barring essential goods, the production, sale, and consumption of all goods and services have been affected. This article offers a low-down on the stalled economy, and also makes projections for India’s post-pandemic economy. At the time of writing this article, the Government[Read More...]
