Current Issues
Crop Insurance: Another dressed up scheme
02 August, 2018, C.P. Chandrasekhar
Pradhan Mantri Fasal Bima Yojana (PMFBY) launched in 2016 which is supplemented with Restructured Weather Based Crop Insurance Scheme (RWBCIS), have failed to deliver what it had promised. The number of farmers insured under this scheme has fallen and the claims paid to farmers has fallen from 98% to 61%. The scheme seems to be benefitting the insurance companies as there has been rise in gross premiums paid to these companies by government.
 
Capitalism's Discourse on "Development"
30 July, 2018, Prabhat Patnaik
Capitalism cannot overcome unemployment and poverty in the third world countries because of its inherent tendency to generate greater technological progress, which increases labor productivity and thereby slows down the employment generation process. Because of growing labor reserves, real wages remain at subsistence level, but since labor productivity would be growing, the share of surplus would be increasing. Therefore capitalism produces growth at one pole and aggravates poverty at another.
 
Features
Institutional Investors and Indian Markets
01 August, 2018, C.P. Chandrasekhar & Jayati Ghosh
In these uncertain times, equity markets in India seemed to be protected from extreme volatility. But the factors behind such resilience could also result in sudden stops.
 
Did Developing Countries Really Recover from the Global Crisis?
17 July, 2018, C.P. Chandrasekhar & Jayati Ghosh
A decade after the Global Financial Crisis, developing countries still bear the scars in the form of lower growth and lower investment rates.
 
Announcements
A Memorial for Dr. Vineet Kohli, Assistant Professor at TISS and a Former CESP Student
13 August, 2018,
This is a memorial for Dr. Vineet Kohli, Assistant Professor at TISS and a former CESP student, whose untimely death has left a void in the world of heterodox economics in this country. His friends in JNU are organising a daylong seminar in his memory on Aug. 19, 2018 (Sunday) at CSLG Committee Room.
 
Job Opening at Economic Research Foundation
31 January, 2018,
The Economic Research Foundation, New Delhi is looking for a young professional to assist in website and social media related work. ERF manages three websites that broadly cover economic issues in India and across the world.
 
Special Feature
Budget 2018-19: No money where the mouth is
20 February, 2018, C.P. Chandrasekhar
Rhetoric and meagre show of financing aimed at the neglected and marginalized sections, to address the pre-election imperative of the Budget have not even been able to fulfil the irrational fiscal deficit targets of the FM, even with massive disinvestment and absence of fund allocation.
 
The Budget and education
20 February, 2018, Jayati Ghosh
The thrust towards privatization in Budget 2018-19 is evident in the pattern of education spending, which has been brought down to less than 3.5 percent of the government budget, against a promise of 6 percent in the 2014 electoral campaign. So, any real changes are clearly expected to be financed by private participation, implying declining spread, reduced access, and increased inequality.
 
Video
C.P. Chandrasekhar speaks on "Karl Marx's Capital & the Present"
30 September, 2017,
The fourth lecture, titled 'Karl Marx's Capital & the Present', was delivered on 30th September, 2017 at the India Habitat Centre in New Delhi. In this, the professor talks about contemporary insights that can be drawn from Das Kapital after 150 years of its publication.
 
C.P. Chandrasekhar speaks on 'Revisiting 'Capital' in the Age of Finance'
23 September, 2017,
The third lecture, titled 'Revisiting Capital in the Age of Finance', was delivered on 23rd September, 2017 at the India Habitat Centre in New Delhi. In this lecture, he talks about the phases that capitalism went through since its inception.
 

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