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Yearly Archives: 2015

Home 2015

India’s Daughter: Since the Delhi rape things have got worse

  • March 9, 2015
  • Jayati Ghosh
  • Economy and Society, Political Economy
  • 0 Comments

The day after the Indian government banned the BBC documentary India’s Daughter, on the horrific gang rape and killing of a student in Delhi, a 10,000-strong mob broke into a jail in a town in Assam, dragged out an alleged rapist, beat…

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Averting a Greek Tragedy – For Now

  • March 4, 2015
  • Jayati Ghosh
  • World Economy
  • 0 Comments

The citizens of Greece are not the only ones who have been watching the tense negotiations between the new government in Athens (led by the radical party Syriza) and the European Union (led de facto by the Germans).  Not just…

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Lessons from the Coal Blocks Auction

  • March 4, 2015
  • C. P. Chandrasekhar
  • Industry, Political Economy
  • 0 Comments

The first round of the auction of mining rights in 18 coal blocks to user firms in the private sector in the power, steel and cement industries has been completed. If the figures being circulated of the revenues or benefits…

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Growth and Hunger

  • February 23, 2015
  • Prabhat Patnaik
  • Economy and Society, Political Economy
  • 0 Comments

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…

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Greece, its International Creditors and the Euro

  • February 20, 2015
  • T Sabri Oncu
  • Finance
  • 0 Comments

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…

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In Search of Clean Air

  • February 20, 2015
  • Jayati Ghosh
  • Economy and Society, Political Economy
  • 0 Comments

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…

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Banking on FDI

  • February 9, 2015
  • C. P. Chandrasekhar
  • Industry, Trade and balance of payments
  • 0 Comments

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…

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Revisiting Rural Indebtedness

  • February 5, 2015
  • C. P. Chandrasekhar
  • Economy and Society, Food and Agriculture
  • 0 Comments

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…

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Skills Mismatch and All that

  • February 2, 2015
  • Jayati Ghosh
  • Economy and Society, Employment
  • 0 Comments

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…

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The “Niti Ayog”

  • January 12, 2015
  • Prabhat Patnaik
  • Macroeconomics, Political Economy
  • 0 Comments

The Planning Commission, set up under Jawaharlal Nehru’s Prime Ministership, was a logical expression of an idea that underlay India’s anti-colonial struggle, namely that in independent India, an improvement in the material conditions of life of the people, subjugated and…

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