Fall-out of the Ukraine Conflict on India’s Economy
The Ukraine war has provided India’s rulers with a ready alibi for all the adverse developments in the economy. But the principal responsibility for the suffering... Read more.
Introduction
India’s private corporate sector is more prominent today than at any time in the past. Its chieftains are listed among the richest persons in the world. The Indian... Read more.
A Regime of Drain, External Control, and Impoverishment
The Indian authorities are putting the finishing touches on a financial regime that will perpetuate an unprecedented level of control of India’s economic policy... Read more.
Whom Are We Addressing?
When economists criticise a particular economic policy measure, they generally do so on the implicit assumption that the rulers could have acted differently. But... Read more.
Farm Households Earn More from Wages than Crops: What Does This Imply?
Some commentators have concluded that the bulk of farm households are not really “serious” farmers, since they derive more of their income from wages than from... Read more.
Pushed Over the Edge
The economy was in a depression even before March 2020. With the massive depression of demand that has taken place due to the Covid-19 lockdowns and the Government’s... Read more.
The Rural Depression
All the official reports agree: Agriculture has done well in the past two years of the pandemic. One would have expected that this growth in production would translate... Read more.
SBI Research Doubles Farmers’ Income
The media widely reported that the State Bank of India Research Department found that “Farmers’ income doubled in FY22 as compared to FY18....” However, an... Read more.
Wheat Export Debacle: Policy and Real Agenda Are Responsible, Not Mere Bungling
While the Modi government’s step to ban the export of wheat was widely criticised, the criticism has been largely from a neoliberal standpoint, not from the standpoint... Read more.
The Kisans Are Right. Their Land Is At Stake (Part 1)
The Government, as part of its effort to create a “vibrant land sales market”, is carrying on a drive for “conclusive titling” of all land. However, in India,... Read more.