Economic Perspectives | C.P. Chandrasekhar writes: How Thames Water symbolises the collapse of neoliberal privatisation
Thames Water, one of England’s many regional water monopolies, infamously privatised by Margaret Thatcher in the 1980s and symbolising the dramatic turn in economic policy that neoliberalism implied, is finally collapsing. Unable to mobilise £500 million from shareholders who have milked the company over the years, Kemble Water, the parent
Long on rhetoric, short on practice: Modi government battling corruption
A decade ago, in the run-up to the 2014 Lok Sabha election, Narendra Modi, then still the Chief Minister of Gujarat, famously declaimed: “Na khaoonga, na khaane doonga” (Neither will I take bribes, nor will I let others take bribes). He added that he would bring back illegal wealth stashed away
Era of deprivation: India is haunted by an unprecedented economic deprivation
The economic situation in the country today is extremely grim. It consists in the fact that the economy, through its spontaneous functioning, does not provide a level of income to the overwhelming majority of people that is enough to buy even a subsistence bundle of goods by contemporary standards. The
Food inflation in India has been accelerating at more than 8 per cent year-on-year since November 2023
At the halfway mark of India’s elections, food remains a pinch point, for both consumers and producers. Inflation numbers bear the pain out: even as the overall retail inflation rate remained virtually unchanged in April, food inflation surged to a four-month high of 8.7 per cent, where rural consumers bore
Despite Election Commission’s campaigns urging every citizen to vote, millions of India’s migrant workers find it nearly impossible to exercise their democratic right.
“Among every 1,000 men in our villages, around 300 voters are working outside the State. It is not possible for all of them to return to cast their vote,” says Habib Biswas, 29, from Faridpur in Murshidabad district, West Bengal, who drives heavy vehicles for a living. He is, however,
Digital Darkness: India leads the world in internet shutdowns
WATCH | Digital Darkness: India leads the world in internet shutdowns In light of India’s ranking in global internet shutdowns, watch this explainer about the reasons behind such shutdowns, internet blackouts in other nations, resultant fallouts, and so on. | Video Credit: Camera and editing by Samson Ronald K.; Presented
The other ‘Coal Scam’ – Frontline
More than a decade ago, when media and civil society were going gung-ho against the then UPA government for the “Coalgate” scandal, the furore was focussed on a report prepared by an independent institution, the Comptroller and Auditor General (CAG) of India, that revealed evidence implicating the Union government and
Lok Sabha Election Results Highlight India’s Jobs Crisis: Lessons from Demonetisation, COVID Mishandling, and Rising Inequality
India has voted. And as we emerge from that occluding corridor of time, there is space to see more clearly. A few grim realities continue to exist. India still has a jobs crisis, households are still struggling to make ends meet, and hate, as we have seen, does not make
SUM AND SUBSTANCE | The road ahead for India’s stock market following the formation of a new coalition government under Narendra Modi
India’s stock market crashed on June 4 as it became clear that the BJP would not make it past the halfway mark alone and that this was going to be an NDA-led coalition with much more say for regional partners on the one hand, and a much stronger opposition on
World Economic Forum’s Gender Gap Report 2024: 134 Years to Parity, India Ranks 129th
The Global Gender Gap Report 2024, released by the World Economic Forum, presents a dire picture of the current state and evolution of gender parity across four indices: economic participation and opportunity, educational attainment, health and survival, and political empowerment. It would take 134 years, that is, till 2158, to