By Prabhat Patnaik Finance Minister Nirmala Sitharaman made a misleading statement the other day that is not expected from a responsible member of the union cabinet. Talking about the resource transfer to the states in the recent budget, she said that the magnitude of transfer had been raised “sharply”....
By Dr. Gyan Pathak With a prospect of India’s economic growth rate to decelerate from 7 per cent in 2022-23 to about 5.5 per cent with further downside risks, reigning in inflation in the country seems to be difficult in 2023-24 or beyond amidst global uncertainties and economic downturn....
By Dr. Soma Marla The 2023-24 Union budget has allocated Rs10 lakh crore (121.0 billion US dollar) as capital expenditure for 2023-24. Nearly one-fourth of the capital outlay will be spent on constructing new roads and highways and another quarter on railways for running new high-speed trains (like Vande...
By Prabir Purkayastha The newsfeeds from the US seem to be completely insane. First, an F22 Raptor, the most expensive US military aircraft, is used to shoot down a Chinese balloon over the Atlantic ocean. Three more “unidentified flying objects” – definitely not balloons are shot down in three...
By Sushil Kutty Just as we were getting disabused of misplaced notions like the one about earth being flat comes this assertion that the first man on the planet was native to the subcontinent! It is being spread that “Abul Bashar Sayyed Adam” appeared on Adam’s Peak in Sri...
By W. T. Whitney Jr. On the occasion of Cuban President Miguel Díaz-Canel’s visit recently to Mexico, that country’s leader, President Andrés Manuel López Obrador, (AMLO) raised the possibility of many nations cooperating to oppose the U.S. blockade of Cuba. AMLO has become Cuba’s champion in the international arena,...
By Prakash Karat The recent appointment of six new governors by the president of India has revealed a lot about how the post of governor is viewed and cynically misused by the Modi government. The appointment of Justice S Abdul Nazeer, who had retired from the Supreme Court just...
By Krishna Jha It was the continuing process of instability in the economy that was more obvious with CMIE data showing the country’s unemployment rate touching a four month high, at 7.9 percent in December, 2021, the urban employment rate rose from 8.21 in November 2021, to 9.3 percent...
By Arun Srivastava During the last one month, Prime Minister Narendra Modi has visited poll-bound Karnataka three times, notwithstanding the top leadership’s consistent reiteration that the state leaders would design and spearhead the campaign. Union home minister Amit Shah is also not far behind PM Modi. Shah has visited...
By Tirthankar Mitra Even as Nagaland goes to the state assembly election on February 27, with an eye on the polls, BJP has unfolded its game plan to pre-empt trouble in its sensitive area- eastern Nagaland. Party president, JP Nadda made some promises for its development while releasing the...