Political Economy of Higher Prices of Petroleum Product

MANY arguments are floated to defend what is rather indefensible. The unprecedented rise in the prices of petroleum products has the potential to make governments unpopular.The argument often put forth is that prices of petroleum products are determined by global market forces. The governments have no role to play.Prices of petrol and diesel were indeed deregulated in 2010 and 2014 respectively, though India has done away with administrative pricing mechanism (APM) during the first NDA regime in 2002.

The Union Govt and Compensation for Families of Covid Victims

THE union government’s submission in the Supreme Court on the question of compensation to families of Covid victims is both characteristically brazen and callous, and completely unsurprising.Following PILs filed in the Supreme Court in May of this year seeking a compensation of Rs 4 lakhs per Covid victim to the bereaved families, the Court sought the response of the union government. On June 11, the centre told the SC that issues raised in the pleas, seeking directions for ex gratia of Rs 4,00,000 to the families of those who have died of Covid-19, are "genuine" and are under consideratio

Modi Govt Paralysed as Job Losses Reach Dire Heights

THE number of employed persons in India has plummeted in the past few months by about 2.5 crores and the unemployment rate has zoomed up to about 12 per cent, indicating the immense misery that Indian people are facing. Coming as it does when the brutal second wave of Covid-19 pandemic is just about beginning to abate, and after over a year of suffering the carnage caused by this pandemic and its mishandling, the country’s people have been crushed under unprecedented economic burden.

Modi Government’s Covid Vaccine Policy

THE central government’s Covid vaccine policy has to be seen in the background of its healthcare policy, which mainly is the privatisation of entire healthcare system-including national health policy and the drug policy.DRUG POLICYEstablishment of public sector pharma companies, Patent Act 1970 and Drug Prices (Control) Order 1979 were the three instruments with which India could become self-reliant in almost all medical products, including vaccines, at economically affordable prices; and major supplier of generic (non-patented) medicines to different countries of the world

Kerala’s Pro-people Budget in Covid Times

THE return of the Left Democratic Front (LDF) to power in Kerala in May 2021, with an unprecedented mandate, was driven by an extraordinary record of governance on multiple fronts. On the one hand, the economic policies of the central government led to falling economic growth rates, rising unemployment and poverty and shrinking public revenues. Kerala was particularly severely affected by many of these misadventures in policy.

Central Vista Redevelopment Project: Government: Legislator, Executor; Violates Law with Impunity

THE Central Vista Redevelopment Project(CV) in Delhi, right since its inception has been seen as one of the biggest projects for its opaqueness and many mysteries that kept on developing as the project advanced. The strong push from the government of India, especially by the prime minister himself for timely completion of the new parliament building before his second term expires has seen complete impunity to the laws of the land.

Six Months of Kisan Movement

THE longest, largest, most united, and peaceful kisan struggle since independence has been continuously gaining in strength. The agitating farmers have shown unprecedented unity, determination and strength despite facing several odds – from winter chill to pouring rains and searing heat. As the anti-peasant Modi government did not allow them to come to the national capital, farmers in their thousands are seating peacefully at five border points of Delhi -- Singhu, Tikri, Gazipur, Palwal and Shahjahanpur.

New IT Rules: Attack on Citizen’s Rights

THE ministry of electronics and information technology (MeitY) issued a new set of rules as part of the IT Act on February 25, 2021, termed the "Intermediary Guidelines and Digital Media Ethics." Social media intermediaries such as Google, Facebook, Twitter, WhatsApp were given three months (by May 25th) to comply with the rules or lose their 'safe harbour' provisions.

Online Symposium on Contemporary Marxism: Development and Innovation in Theory and Practice

Below we publish the full text of the fraternal message of greetings sent to Xi Jinping, general secretary of the Communist Party of China (CPC), by Sitaram Yechury, general secretary, CPI(M) on the occasion of the centenary of the founding of the Communist Party of China.

A Protest, a Veto and a Committee: The Story of a Farmers' Protest

Today, as peasants gather in Delhi to mark six months of one of the most popular protests in contemporary times, what lessons does a 1907 incident have?ON May 26, 1907, Lord Minto, viceroy and governor general of India, put an end to one of the most intense popular peasant agitations in the Punjab province by the exercise of a veto on the Colonisation Bill introduced in the Punjab Legislative Council in October 1906.The veto effectively put the break on rural discontent which had spread across several districts of Punjab.

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