The news of the Modi regime receiving a record Rs 1.76 trillion from the RBI’s reserve is now viral, what isn’t is the government’s intention over the usage
Last week Nirmala Sitharaman declared a host of measures in a bid to revive the distressed economy. Unfortunately, none of them has the potential to cure it.
Though she spoke in length about rural development, Nirmala Sitharaman’s Union Budget 2019-20 didn’t provide roadmap for farm crisis and farmers’ welfare.
The Modi regime continues to deny the existence of an unemployment crisis. Nirmala Sitharaman’s silence on unemployment during the budget speech proved it.
Modi’s attempt to sell off India, its resources and labour to foreign and domestic corporations under the garb of “big bang reforms” must be resisted by all
On all media platforms the Modi regime and its sycophants are gloating over successful “Surgical Strike 2.0”. Can they hide the unemployment issue for long?
Despite promising an interim budget, Piyush Goyal presented Union Budget 2019 as a full-fledged budget with election-centric gimmicks to help the BJP win.
Ever since he occupied the throne of New Delhi, Narendra Modi is accused of being media-phobic by the near-extinct scribes with their spine intact. Narendra Modi reaffirmed this truth that he can’t stand critical questions by refusing to meet the press for the last four years. Sheer monologue and utter disregard for two-ways communication prevailed … Read more
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
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
PR Economy Desk (02/02/2017): The Union Budget 2017-18 presented by Arun Jaitley on 1st February 2017 was special due to three reasons: It became the first budget since the foundation of the Indian republic when the railway and general budgets were clubbed together into one The Union Budget 2017-18 is a slightly controlled budget because the … 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