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Budget
2024-25 |
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A
Budget of Great Cynicism |
Feb
10th 2025, Prabhat Patnaik |
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No
budget in post-independence India had been as openly cynical
about the lives of the vast masses of the working people
as the one presented on February 1, 2025. All pundits, from
the finance minister downwards, agree that the strategy
of the budget is to stimulate the economy by boosting middle
class consumption through tax-cuts.
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Budget-making
as Political Instrument |
Feb
4th 2025, C.P. Chandrasekhar |
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If
an element of surprise is a hallmark of a good budget, then
Finance Minister Nirmala Sitharaman can pride herself on
having won the day on February 1. In a briefer than usual
Budget speech, reflecting impatience to get to the end,
Sitharaman concluded with an unexpectedly large tax break
for the tax paying middle classes.
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The
Goal of Viksit Bharat, the Budget's play with Numbers |
Feb
3rd 2025, C.P. Chandrasekhar |
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Implicit
in the Budget is the hope that tax concessions will result
in spending and also reviving GDP growth, and 'incentivising'
the corporate sector will revive private investment.
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Two
Alternative Growth Paradigms |
Mar
10 2025, Prabhat Patnaik |
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Nobody
can claim that the rate of growth of agricultural production,
especially of foodgrain production, has been higher in the
neoliberal period than during the years of dirigiste development
that preceded it; it may have been somewhat lower but let
us agree that it is certainly no higher. |
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Imperialism's
Revival Strategy |
Mar
3rd 2025,
Prabhat Patnaik |
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Donald
Trump’s foreign policy has left commentators in a real tizzy.
His markedly differing positions with regard to Ukraine and
Gaza, in the first case apparently pursuing peace, and in
the second asking for ethnic cleansing of an entire population,
have left them wondering whether his influence on world affairs
is a "positive" one or not. |
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The
Sensex, the Rupee, the FIIs and the RBI |
Feb
18th 2025. C.P. Chandrasekhar and Jayati Ghosh |
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The
decline in various stock market indices may just be the much-needed
correction after an unsustainable bull run. But it can have
collateral effects that may be systemically destabilising.
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The
Recent Past and Present of Agriculture |
Feb
4th 2025. C.P. Chandrasekhar and Jayati Ghosh |
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Agriculture
in India has been resilient despite facing many challenges,
but these have not led to better public distribution for those
in need. Ignoring demands of the farmers’ movement can have
serious consequences for future cultivation and food security.
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Jayati
Ghosh: Rebalancing power |
Dec
10th 2024. |
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The
renowned development economist, Jayati Ghosh, offers an eye-opening
perspective on the different facets of inequality and the
need for systemic change to address them, bringing together
her interests in international trade and finance, employment
patterns in developing countries, as well as issues related
to gender and development. |
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Young
Scholars Conference Political Economy of Contemporary South
Asia |
October
13-14, 2023 | Berkeley, United States |
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Jun
14th 2023. |
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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. |
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