Ever since Finance Minister Arun Jaitley tabled the Union Budget 2018-19, there has been a hullabaloo over the budget’s theme, which the corporate world and the mainstream media controlled by it labelled as a pro-farmer budget, much before the BJP laid the same claim on the last full budget of the Modi regime. This eccentric … Read more
After a brief lull, the Modi regime is going to face large-scale mass discontent and parliamentary opposition in the coming days as Indian GDP growth rate is going to fall to 6.5 per cent for the Financial Year (FY) 2017-18, as per the recent data released by the Ministry of Statistics and Programme Implementation. This … Read more
Demonetisation and GST roll-out hit the Indian trade and commerce, especially small and middle-scale traders, industrialists and the broad masses of workers and farmers adversely and created an economic catastrophe from which the Indian economy shows no sign of recovery even now. At a time when the economy is crisis-ridden, the workers and farmers are … Read more
Narendra Modi government announced a ₹10 trillion investment to revive the economy, out of which ₹7 trillion will be spent in building infrastructure, especially 83,677 km of roads and highways and ₹2.11 trillion to recapitalise the PSU banks. The road building will be done under a fanciful name of Bharat Mala and the PSU recapitalisation … Read more
Karl Marx said, “Hegel remarks somewhere that all great world-historic facts and personages appear, so to speak, twice. He forgot to add: the first time as tragedy, the second time as farce.” He gave names of his contemporaries, while we have Piyush Goyal, a prominent BJP leader and a crucial minister in the Modi government … Read more
Finally Narendra Modi accepted that the Indian economy is going through bad times during his tenure, though denying that his government is responsible for the major mismanagement of macroeconomic factors; rather as a truly devoted Sanghi prostelyser, Modi blamed the critics for being pessimists, of suffering the Shalya syndrome (a pessimist chariot driver of Mahabharata … Read more
Modinomics is the new school of economics to which the Bhakts, the cheerleaders of Narendra Modi-led Hindutva fascist regime, subscribes to and they hail it as a powerful weapon to get rid of all the woes of the poor and take India to the plane of development that Modi promised during his 2014 election campaign. … Read more
Narendra Modi wants to play all roles once and since the Uttar Pradesh assembly election is reaching the climax, his desperation to prove himself as an omnipotent and omnipresent leader of the nation-state has reached the peak. Without sparing a word on the worsening economic condition of the country, Narendra Modi attacked the economists who … Read more
(This article was first published in July 2015 in the previous version of People’s Review. Due to an incident of hacking the old website was pulled down and we could only restore the old articles in this section) The aggressive campaign by the Modi government on the “Make in India” policy and the subsequent approval by … Read more