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Budget 2020: How BJP Govt Destroyed Economy & Squeezed the People

IN the union budget presented before parliament on February 1, 2020, a vivid and shocking picture of how the Modi led BJP government has destroyed India’s economy emerges. It also reveals exactly how a rich man’s sarkar goes about brutally increasing the burden on people in order to continue handing out concessions to the corporate world and turning the whole country into a source of profit.DECODING THE DESTRUCTIVE SLOWDOWNDue to neglect, mismanagement and perversion of priorities, the BJP government created a slump in the Indian economy.

Kerala Budget 2020-21: Negation of Neo-Liberal Economics

THE LDF government’s budget for the year 2020-21 is best described as an instrument of struggle of the people of Kerala against the regime of neoliberal economic policies imposed on the nation by the union government. The neoliberal onslaught on the nation, commenced way back during early 1990s, reached its zenith under the leadership of prime minister Narendra Modi.The latest budgets presented by the union finance minister Nirmala Sitaraman show how the long drawn out process of neoliberal reforms has turned out to be a big tragedy for the nation.

NRC by Stealth and Subterfuge

THE Modi government has gone on record in parliament that it has not taken any decision till now to prepare the National Register of Indian Citizens.  This was the reply given by the minister of state for home affairs, Nityanand Rai, to a written question.  This is in line with what the prime minister had said at a rally in Delhi on December 22, 2019 that since his government came to power in 2014, there has been no discussion on the NRC. These are half-truths meant to deceive the people.  Half-truths because, the NRC as such, is not being compiled but the process of preparing the NRC has b

Listing of LIC: Wanton Destruction of a Premier Public Sector Financial Institution

FINANCE minister Nirmala Sitharaman has announced during her second budget speech on February 1 that the government will list LIC in the stock exchange and sell part of its stake via Initial Public Offer (IPO). In justification of her proposal she said, “Listing of companies on stock exchanges disciplines a company and provides access to financial markets and unlocks its value. It also gives opportunity for retail investors to participate in the wealth so created.

Manuvaadi Economics and the Hindu Right

THE finance minister presented the union budget 2020-2021 in the context of the growing attacks by the Hindu right on the peaceful protests in Jamia Millia Islamia and Shaheen Bagh against the CAA-NRC-NPR. Both these developments need to be seen in the context of the desperate attempts by the BJP and its fringe organisations to polarise the upcoming Delhi elections and hide the economic mess that has been created by the NDA government in the last six years.

UP: Oppressive and killer Yogi raj

OPPRESSION and killing innocent people has become a gauntlet of Yogi rule in UP. On the one hand rapists, rioters and murderers aligned to the BJP are allowed to roam scot-free, on the other, tremendous repression is mounted on the dalits, backwards, women and especially the Muslim minority in the state of UP. There is no limit to the hate against the Muslims and the protesters who were protesting against the CAA and the proposed NRC.The initial protests in the state took place in Aligarh Muslim University(AMU).

An Authority with Unfettered Rights

 INTERNATIONAL Financial Service Centre Authority bill, 2019 has been introduced in the Lok Sabha on December 11, 2019 and passed.  This bill was earlier introduced in Rajya Sabha in the month of February 2019.  Now this has been withdrawn and introduced in Lok Sabha as money bill, the obvious reason being to skip its passage in Rajya Sabha where the ruling combination does not enjoy comfortable majority.  The very aim of this bill is to “enable Indian corporates easier access to global financial markets” as has been admitted by the “statement of objects and reason” of the bill.For the past

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