The Specific Form of Poverty under Capitalism
Jul 1st 2024, Prabhat Patnaik
Poverty is taken to be a homogeneous phenomenon irrespective of the mode of production that is under consideration. Even reputed economists believe in this homogeneous conception of poverty.
Economic Policy after the Elections
Jun 25th 2024, C.P. Chandrasekhar
The election results, which gave both the BJP and the NDA far lower seats than they had in the previous parliament and led to a coalition government, surprised many. But now, attention has shifted to assessing what that would do to the behaviour and policies in different spheres of this version of a Modi-led government.
How did Agricultural output Change under the Modi
Government?
Jun 25th 2024. C.P. Chandrasekhar and Jayati Ghosh
The problems in agriculture have been reflected in slow growth of agricultural output in the years since 2011-12. Within this, the performance of particular crops and particular states may provide some insights into why cultivators have been upset with the Modi government.
Does the Savings Decline Drive Growth?
Jun 12th 2024. C.P. Chandrasekhar and Jayati Ghosh
In what may appear to be a paradox, a decline in the net financial savings of the household sector in India may be the factor sustaining the growth it records.
Young Scholars Conference Political Economy of Contemporary South Asia
October 13-14, 2023 | Berkeley, United States
Jun 14th 2023.
Our key theme is the political economy of contemporary South Asia. At the core of these transformations are the fraught and so-called "truncated transition," where South Asian societies are not making the transition from farm to factory, but the rise of informal economies, industrial clusters, in-between agrarian-urban and peri-urban spaces force us to rethink familiar transition narratives and to eschew them in favour of more grounded theories.
Budget 2023-24

Budget 2023-24: Neither growth nor welfare friendly

Feb 8th 2023, C.P. Chandrasekhar

If we ignore the hype that accompanies and follows the presentation of the Centre's annual budget, there are principally two strands in it that have attracted attention.

Budget 2023-24: Ignoring the economy's basic problem

Feb 6th 2023, Prabhat Patnaik

The most outstanding feature of the Indian economy today is the sluggish increase in real consumption expenditure. Between 2019-20 and 2022-23 for instance the per capita real consumption expenditure has grown by less than 5 per cent which is less than the rate of growth of the gross domestic product.

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