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Economy and Society

Home Economy and Society

Pandemic and the Reverse Migration of Labour in India

  • June 8, 2020
  • Sunanda Sen
  • Development Economics, Economy and Society
  • 0 Comments

The current predicaments faced by of India’s  migrant labour -  losing livelihood and shelter  in urban areas as started with the 4-hour notice for a complete shutdown in response to the Pandemic -  will remain as one of the worst…

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COVID-19 Lockdown: Impact on Agriculture and Rural Economy

  • June 2, 2020
  • Vikas Rawal, Manish Kumar, Ankur Verma and Jesim Pais
  • Economy and Society, Food and Agriculture
  • 0 Comments

Lack of planning and preparation by the Central government for tackling the COVID-19 pandemic has dealt a massive blow to India’s economy and has caused enormous hardships to working people of the country. The informal rural economy has been hit…

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The World at Crossroads

  • June 2, 2020
  • Prabhat Patnaik
  • Economy and Society, Political Economy
  • 0 Comments

The Financial Times of London is one of the most “respectable” bourgeois newspapers in the world. Even this newspaper has now come to recognise something which the Left has been saying for quite some time. In an editorial on April…

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Labour Rights are in Free Fall

  • May 25, 2020
  • Anamitra Roychowdhury
  • Economy and Society, Macroeconomics
  • 0 Comments

As India slowly attempts to lift its nationwide lockdown, under compulsion of reviving the economy, labour rights are disappearing at an astonishing pace. Uttar Pradesh, Madhya Pradesh and Gujarat, which are States ruled by the Bharatiya Janata Party, took the…

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Callousness in a Time of Crisis

  • May 20, 2020
  • C. P. Chandrasekhar
  • Economy and Society, Macroeconomics
  • 0 Comments

On May 12, Prime Minister Modi declared that the government, in response to the Covid-19 induced crisis, is about to unveil a Rs. 20 lakh crore relief and revival package amounting to 10 per cent of GDP. This announcement came…

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The War on Labour

  • May 18, 2020
  • Prabhat Patnaik
  • Economy and Society, Macroeconomics
  • 0 Comments

Even as millions of migrant workers are wearily trudging back to their villages with no money, no food and no shelter, or are locked up en route in shoddy quarantine camps, a war has been unleashed on the rights of…

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Will Diluting Labour Laws in India in Indian States Attract more Private Investment?

  • May 12, 2020
  • Jayati Ghosh
  • Economy and Society
  • 0 Comments

The class war waged by employers in India has never been so blatant, nor has the openly partisan behaviour of the executive and judiciary. What began ostensibly as a public health exercise to prevent the spread of a virus infection…

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Lessons from the Coronavirus: The socialization of care work is not ‘just’ a women’s issue

  • April 7, 2020
  • Smriti Rao
  • Economy and Society
  • 0 Comments

The defining images of the coronavirus crisis in India are the images of migrants, children in tow, walking hundreds of kilometers to return home - only to be denied entrance. These images are driving home the extent of the government’s…

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Pandemic and Socialism

  • April 1, 2020
  • Prabhat Patnaik
  • Economy and Society, Political Economy
  • 0 Comments

It is said that in a crisis everybody becomes a socialist; free markets take a back seat, to the benefit of the working people. During the second world war for instance, when universal rationing was introduced in Britain, the average…

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A Niggardly Response to an Extraordinary Crisis

  • March 30, 2020
  • C. P. Chandrasekhar
  • Economy and Society, Finance
  • 0 Comments

In a show of solidarity, some of India’s opposition leaders have declared the much-delayed relief package (titled Pradhan Mantri Garib Kalyan Yojana) announced by Finance Minister Nirmala Sitharaman on March 26 to mitigate the effects of the Coronavirus pandemic on…

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