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Articles

Home Articles

The Land of Exclusion

  • November 28, 2014
  • Jayati Ghosh
  • Economy and Society, Poverty
  • 0 Comments

There are many ways to divide Indian society, and unfortunately we seem to be pretty good at all of them. There are material inequalities: in terms of asset ownership, incomes, consumption, access to finance, control over physical and natural resources,…

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The Nehru Legacy

  • November 27, 2014
  • C. P. Chandrasekhar
  • Economy and Society, Political Economy
  • 0 Comments

The spat between the BJP-Led government and the NDA over celebrations to mark Nehru’s 125th birth anniversary must not divert attention from one important fact. There has been for around three decades now an explicit or implicit rejection of and…

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The Gathering Clouds of Recession

  • November 24, 2014
  • Prabhat Patnaik
  • Fiscal Policy, Macroeconomics, World Economy
  • 0 Comments

The world capitalist economy has been mired in stagnation and high unemployment ever since the 2008 financial crisis. Many were predicting that a turnaround was about to occur, partly because of the fact that the U.S. economy last month showed…

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Turning Citizens into Mendicants

  • November 18, 2014
  • Prabhat Patnaik
  • Economy and Society, Political Economy
  • 0 Comments

The Swachh Bharat Abhiyan, at least the image through which it is expressed, of celebrities descending from limousines in sundry locations to sweep away the “clean garbage” (mainly leaves and such like) which have been carefully deposited there by official…

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India Concludes Bilateral Agreement with US, Agrees to an Indefinite ‘Peace Clause’

  • November 17, 2014
  • Biswajit Dhar
  • Food and Agriculture, Political Economy, Trade and balance of payments
  • 0 Comments

After months of impasse, India finally agreed to relent on its opposition to allow progress on the post-Bali work programme of the World Trade Organization (WTO), after concluding a “bilateral agreement” with the United States. According to the terms of…

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Is the Swachch Bharat Mission the Way to a Cleaner India?

  • November 13, 2014
  • Jayati Ghosh
  • Economy and Society, Political Economy
  • 0 Comments

On the face of it, the campaign to clean India is something that obviously must be welcomed and accepted by every right-thinking citizen: something unexceptionable in intent and clearly desirable in stated outcomes. But it suffers from the same deficiencies…

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Wooing the NRI Depositor

  • November 7, 2014
  • C. P. Chandrasekhar
  • Finance, World Economy
  • 0 Comments

Inflows into deposit schemes for Non-resident Indians (NRIs) are shrinking. They peaked at $38,406 million in financial year 2013-14, with monthly average inflows of $3,200 million in that year (Chart 1). As compared to that, inflows during April to August…

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Dilma Rousseff’s Victory

  • November 5, 2014
  • Prabhat Patnaik
  • Macroeconomics, Political Economy
  • 0 Comments

The American “mainstream” media have tried to play down Dilma Rousseff’s victory in the Presidential election in Brazil by emphasizing the “narrowness” of her victory-margin, even though they would never be grudging in their acknowledgement of Bush Jr.’s victory which…

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