Current Issues
The Proposed Abolition of the UGC
09 July, 2018, Prabhat Patnaik
The Modi government is bringing in legislation to abolish the University Grants Commission and replace it with Higher Education Commission of India. The composition of the HECI and the advisory council along with the fact that funds will be provided by the HRD ministry is a strong indicator of political interference in the country’s academic life.
 
The Indiscreet Aggression of the Bourgeoisie
04 July, 2018, C.P. Chandrasekhar
The financial crisis and a subsequent period of recession affecting the majority population in economies points to the fact that neoliberal economic policy might have lost its legitimacy. On the contrast, a change in mood with Brexit and Trump’s victory might not be subsequent setbacks with a new aggression on part of the neoliberal elite. Today, across the world, big business is attempting to influence economic decision-making in ways that can save the neoliberal project from collapse.
 
Features
Has Donald Trump Already Changed US Trade?
19 June, 2018, C.P. Chandrasekhar & Jayati Ghosh
Donald Trump is threatening to dismantle the current world trading system, but in his first year US trading patterns show strong continuity with the previous administration.
 
Trump Versus the Rest
18 June, 2018, Prabhat Patnaik
Donald Trump’s protectionist stance at the G-7 summit is an example of how disunited capitalist countries are on a possible solution to the capitalist crisis. Because of the position of the US economy, Trump can afford to hold on to his protectionist policies while enlarging the fiscal deficit. What is wrong about this strategy is the possibility of long term repercussions, not just for America but for the capitalist world as a whole.
 
Ashok Mitra
Ashok Mitra, a Man Who Was Equally Committed Politically and Personally
05 May, 2018, Jayati Ghosh
Much has been and will be written about this extraordinary man…All these qualities, rare as they are, are even rarer in combination. But in this piece, I will present a more personal picture, from someone who saw him as a father figure and was privileged to know him well.
 
A singular person
03 May, 2018, Jayati Ghosh
First Person Singular”, a new collection of Ashok Mitra’s essays, is not just a book; it is a conversation with an accomplished raconteur, one who is always able to situate his voice in the wider social, economic and political context.
 
Announcements
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.
 
Indian Banking: Current Challenges & Alternatives for the Future
30 January, 2018, C.P. Chandrasekhar & Jayati Ghosh
Indian banking today is at a tipping point. Banks are burdened with non-performing assets, incurring significant losses due to provisioning and unable to sustain credit growth, and therefore changes are both necessary and inevitable.....
 
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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