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Prabhat Patnaik
Bank Privatisation Isn't Conducive for Financial Markets Under Capitalism
16 Jan 2022
State ownership of banks not only provides for wider reach of institutional credit but also for stability of the financial system of capitalism itself.
Prabhat Patnaik
US Inflation: More Economic Distress in Store for India
18 Dec 2021
Ignoring the rise in US inflation rate will cast a further shadow on Modi government’s claims of economic recovery, which is already threatened, by persistently depressed levels of consumption of…
Newsclick Production
American Inflation can Have Disastrous Effects in India
17 Dec 2021
US economists are of the view that it could lead to economic distress and unemployment in the country.
Newsclick Production
Why is Media Silent on Strike by Public Sector Bank Employees?
17 Dec 2021
Senior journalist Abhisar Sharma discusses how the two-day strike by lakhs of employees of public sector banks against their proposed privatisation will affect the economy.
Prabhat Patnaik
India’s Post-Pandemic Recovery is Unsustainable, New GDP Figures Hardly Indicative of a Positive Trend
11 Dec 2021
What has contributed to the phenomenon of GDP as a whole in the second quarter of 2021-22, recovering to around the same level as in the second quarter of 2019-20, is a recovery not in consumption…
V. Sridhar
The Humbug of an Economic Recovery
06 Dec 2021
Shorn of the statistical illusion, the latest GDP estimates reveal that the Indian economy remains mired in a deep crisis.
Subodh Varma
Govt. Squeezes Spending, Even Though Tax Collections Have Increased
14 Nov 2021
Modi government has restrained spending of various ministries including education, social justice, environment and others.
Paranjoy Guha Thakurta
Squeezing Cash Didn't Remove Black Money: Arun Kumar
09 Nov 2021
The disastrous impact of demonetisation five years ago is not reflected in the government's data on the economy.
Newsclick Production
Five Years of Demonetisation: A Tale of Indian Economy's Fall
08 Nov 2021
Five years later it is clear that demonetisation neither discouraged the use of cash, nor did it increase the government's revenues, and even the volume of black money has seen no reduction.
PTI
Economic Revival? Winds of ‘Change’ yet to Reach Small Retailers
03 Nov 2021
In Kolkata, small retailers try hard to day afloat after facing demonetisation and lockdown blows leading to job losses, unemployment, poor sales, income decline.