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Red Flag over Reichstag - 75 Years

MAY 9 is the day when the Second World War had officially concluded with the surrender of the Nazi Germany and is hence observed as ‘Victory Day’. This year marks its 75th anniversary and is being observed world over in the midst of acute economic crisis, often compared with the Great Depression of the 1930s. Adding to this is the Covid-19 pandemic, which further exposed the hollowness of neoliberal capitalism and its crisis ridden model.

COVID-19: The Critical Case of Mumbai

MUMBAI, the financial, commercial and entertainment nerve centre of India, has been under serious distress because of the COVID-19 pandemic.

Mumbai generates 33 per cent of the country’s income tax, 60 per cent of custom duty, 20 per cent of central excise duty, and 40 per cent of the foreign trade, 25 per cent of industrial output, 70 per cent of capital formation, 10 per cent of factory employment. The city is one of the top 10 centres of global financial flow, contributing over 6 per cent of India’s GDP. Large numbers of financial institutions have their head office in Mumbai

The Reality behind Write-Off of 68,607 crore rupees

THE information of write off of Rs 68,607 crores of Non-Performing Assets (NPAs) from 50 top wilful defaulters obtained from Reserve Bank of India (RBI) under Right to Information Act (RTI) by Saket Gokhale has been widely shared in the media throughout the country. This news has evoked many arguments, discussions and explanations in the social media. A section of the people argues that “it is only a technical write off; it does not mean that the borrowers would be allowed to go scot free.

Redevelopment of Central Vista-Futile Exercise and Waste of Money

A FASCIST leader wants to leave an imprint of his glory; the footprint does not just limit to the polity, rather extends to a wide spectrum that includes art and architecture. If the construction of Volksshalle was the idea of Hitler, designed and planned by Albert Speer, the proposal of construction of a new parliament building along with the redevelopment of the Central Vista in Delhi by Modi and his prime architect, Bimal Patel is another parallel, to a similar idea.

CPI(M) with the People in Combating this Pandemic

THE relaxation of restrictions from May 4 onwards, even as the national lockdown continues till May 17, as was widely anticipated, led to a record peaking of the Covid positive cases and consequent deaths. On May 5, India recorded 3875 new cases in a single day spike, 2.5 times higher than the daily average increase over the past week. The highest number of deaths recorded are between May 4/5 - 194. This is the highest single day death toll recorded since the outbreak of the pandemic.

Coronavirus, Lockdown, Migrant Workers: Poor Lives Matter

SINCE the very outset, thousands of migrant workers with the back breaking huge sacks trudging along, often with wives and children for hundreds of kilometers have been the unputdownable images that have refused to leave us. Since the abrupt announcement of the national lockdown with a notice of four hours, such images have come to haunt us. Thousands of migrant workers at the Anand Vihar bus station immediately after the announcement marked their arrival in the increasingly intense discourse on our response to Covid pandemic.

Remembering Lenin

APRIL 22, 2020, marks the 150th birth anniversary of the greatest revolutionary figure of the twentieth century, Vladimir Ilyich Lenin. After Marx and Engels, Lenin made the biggest contribution to the theory and practice of Marxism. Lenin’s groundbreaking theoretical advances, such as his analysis of imperialism, set the stage for the world’s first socialist revolution in Russia in October 1917.

Ruling Party Continues to Push Sectarian Agenda

EVEN as the people of India face terrible hardships, suffering and distress during the lockdown and yet continue to observe instructions given by governments, the central government and the ruling party continue to push a sectarian agenda. The highly irresponsible behavior of the Tablighi Jamaat became the pretext for the sangh warriors to unleash a vicious campaign against Muslims in general. This led to several direct attacks on Muslims, including some reprehensible attacks on street vendors even in the capital.

Govt Must Adopt a Navapadi for Itself To Implement On a War Footing

THE people were looking forward to the prime minister’s address to the nation on the last day of the three-week countrywide lockdown.  These three weeks have thrown up many experiences that need to be addressed urgently in order, both, to strengthen our fight against the Covid 19 pandemic and to protect the lives and survival of crores of our fellow citizens.  On none of these issues of vital importance did the prime minister have anything substantial to say.

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