Growth and Hunger
India, we are constantly reminded, is one of the more rapidly growing economies of the world at present; and even though the growth rate has come down somewhat of late, official figures show that it still remains quite high. What…
Greece, its International Creditors and the Euro
The Greece crisis resolution depends on whether the EU sees itself as a progressive project based on liberal market principles or as an imperialist project of finance capital. greece_international_creditors (Download the full text in PDF format) (The article was originally…
In Search of Clean Air
Saturday 7 February was voting day in the capital city of Delhi. So it was effectively a holiday for many workers, who only had to walk to their polling stations to cast their votes for the Assembly elections. This meant…
Banking on FDI
Recognising the well-known fact that in terms of industrial growth India has fallen behind many of its former peers such as Brazil and South Korea, the NDA government has made the revival of manufacturing the centre piece of its economic…
Revisiting Rural Indebtedness
If Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the long run. In his…
Skills Mismatch and All that
One of the most commonly heard platitudes about the labour market in India is that it is characterised by severe “skills mismatch”. And this in turn is presented as the chief problem of the labour market and the main cause…