The writer is former professor of economics at JNU, Delhi.
The budget needed to break new ground, provide a thrust to a slowing economy. This budget lacks innovation.
Interim budget indicates that the government’s electoral strategy is to win over the ‘intermediate classes’ while ignoring the poor.
Debate around RBI-government stand-off ignores the structural cause behind India’s economic woes: Interest rates as an instrument cannot achieve multiple, contradictory goals.
Government must intervene to control the slide of the rupee, stem its inflationary consequences.
Ashok Mitra’s achievements in both academia and public life made him exceptional
The Left is being pushed to the margins. It must mobilise secular, democratic elements to fight Hindutva forces
Accessible and lucid, Rajeev Dhavan’s book argues that the content of the Constitution is the product of multiple contestations
Government could have undone the damage of demonetisation through the budget. The opportunity has been missed in deference to the whims of global finance.
An electoral setback for the Left is a setback for the democratic revolution.