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Political Economy

Home Political Economy

The Beleaguered Indian Farmer

  • June 24, 2015
  • C. P. Chandrasekhar
  • Food and Agriculture, Political Economy
  • 0 Comments

India’s beleaguered farmers are facing another threat to what is now a tenuous livelihood. That threat is the real prospect of a poor Southwest monsoon that would substantially reduce agricultural production over crop year (July to June) 2015-16. In its…

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Skating on Thin Ice

  • June 1, 2015
  • Macroscan Team
  • Political Economy, Trade and balance of payments
  • 0 Comments

The Modi government completed one year in office on May 26. This year saw a continuation of the industrial stagnation which has been a feature of the Indian economy for quite some time now. The year-on-year rates of industrial growth,…

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One Year of Modi Government: Social sector

  • May 27, 2015
  • Jayati Ghosh
  • Employment, Political Economy, Poverty
  • 0 Comments

It is widely believed that one important reason for the remarkable victory of Narendra Modi and the BJP in the April 2014 general election in India, was the ability to tap into the aspirations of a dominantly youthful population that…

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The Economy: The end of euphoria

  • May 27, 2015
  • C. P. Chandrasekhar
  • Macroeconomics, Political Economy
  • 0 Comments

Having come to power by fanning high expectations of what it would deliver on the economic front, the Modi government’s first year has proved dull and dreary. Dull because there is little the government has to show, even on the…

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Fiscal Consolidation through Austerity

  • May 25, 2015
  • C. P. Chandrasekhar
  • Fiscal Policy, Political Economy
  • 0 Comments

On May 17, the Controller General of Accounts released the audited provisional accounts of the central government for 2014. Unlike the revised estimates in budgetary documents, these figures include actual figures for the month of March. A terse Statement from…

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Unseen Workers: Women in Indian agriculture

  • April 1, 2015
  • Jayati Ghosh
  • Food and Agriculture, Political Economy
  • 0 Comments

It is safe to say that Indian agriculture could not survive and would not have survived without the huge contribution of women workers. Their role has been absolutely pivotal – as farmers, as co-farmers, as unpaid workers on family farms,…

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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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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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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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