Special Feature
Budget 2017-18: Blinded by neoliberalism
27 February, 2017, C.P. Chandrasekhar
All that this government has is its unfounded belief that mere reform in the form of the demonetisation, digitalisation and the GST would deliver growth rather than recession.
 
In the 2017 Budget, the Government has Compounded its Folly
06 February, 2017, Prabhat Patnaik
Not only has the damage caused by demonetisation remained unaddressed, but even the opportunity provided by demonetisation has remained un-utilised in the 2017 Budget.
 
Current Issues
Is It India's Subprime?
14 February, 2017, Rohit
By presenting a comprehensive picture of the current corporate debt crisis in India, the author cautions that the situation is very similar to the one that led to the US subprime crisis.
 
Before UBI, We must First Get Social Spending Basics Right
13 February, 2017, Anjana Thampi & Ishan Anand
Providing a UBI in place of existing schemes will not change the fundamentally unequal income distribution in the country. The way to resolve the crisis is a redistribution from the rich to the poor.
 
Demonetisation
Buckling under Pressure
18 January, 2017, Jayati Ghosh
There has been a depressing erosion in the credibility of the major institutions that in different ways are vital for the functioning of our democracy as they are bent to the will of the ruling dispensation.
 
Barbara Harriss-White on Demonetisation
16 January, 2017,
The notable political economist Barbara Harriss-White, in her interview with Madras Courier has painted a comprehensive picture of what demonetisation has done to India's democracy, agriculture, the 'black economy' and society.
 
Features
Bond Market Reversal
14 February, 2017, C.P. Chandrasekhar & Jayati Ghosh
Post-Trump expectations of a shift back from an easy monetary policy with low interest rates to reliance on a fiscal stimulus for growth are reversing trends in global bond markets.
 
Spreading light: Are the Modi government’s electricity promises being fulfilled?
31 January, 2017, C.P. Chandrasekhar & Jayati Ghosh
The government's claim that it has ensured electricity for all does not seem to be warranted by the evidence.
 
Announcements
Handbook of Alternative Theories of Economic Development
09 January, 2017,
The Handbook of Alternative Theories of Economic Development explores the theories and approaches which, over a prolonged period of time, have existed as viable alternatives to today’s mainstream and neo-classical tenets.
 
Call for applications for Ph.D Scholars and Faculty in Social Sciences for participating in the Research Methodology Workshop on "Using Large-scale Survey Data", December 16-23, 2016
18 November, 2016,
The Society for Social and Economic Research (SSER), New Delhi is organising a training programme cum research methodology workshop on statistical and computational tools to handle large-scale survey data. The workshop will be held in New Delhi from December 16thto 23rd, 2016. Scholars currently enrolled in Ph.D. programmes in any discipline of social sciences as well as young faculty from universities, colleges and research institutes are invited to apply. Preference will be given to women candidates as well as those belonging to Scheduled Caste groups, Scheduled Tribes and Other Backward classes.
 
Analysis
Finance Capital and the Nature of Capitalism in India Today
25 November, 2016, C.P. Chandrasekhar
This article explains how the growing dependence on foreign finance capital has distorted India’s growth. Due to the accumulated presence of foreign capital in the country since liberalisation, it is turning moribund and losing sovereignty.
 
Capitalism and the Oppressed Castes
29 April, 2016, Prabhat Patnaik
The development of capitalism in any society brings about a complete transformation in the way we look at all social questions including the question of caste oppression.
 

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