Neoliberalism, Impoverishment and Welfare Schemes

THE capitals of the world seem to be sounding different. Apparently, there has been a shift from ‘methodological individualism’ to ‘methodological nationalism’. It is now less about free market and competition and more about protecting political and economic boundaries. Those both on the right and neo-left who were not able to see the State in the mystified neoclassical imagery of market are taken aback by the entry of Trump coming loud and clear talking about tariffs, illegal immigrants, jobs of their own workers and industrial policy.

AP: Vizag Steel Plant: Revival Package and Hidden Agenda

ON January 16, 2025, the Cabinet Sub-Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, decided to allocate Rs 11,440 crore for the revival of Rashtriya Ispat Nigam Limited (RINL), popularly known as Vizag Steel. Minister of Steel and Mines, Kumara Swamy, visited Vizag Steel and announced the details of the revival package on January 29, 2025.The minister made it clear to trade union leaders in Visakhapatnam that the allocated amount would be used solely for debt repayment and not for the operation of Vizag Steel.

The Worldwide Assault on Working People

UNDER late capitalism, there is an assault on the working people that is reminiscent of early capitalism and this assault is worldwide, not just in the third world but in the advanced capitalist countries as well. This assault is at three levels, economic, political and ideological.The assault at the economic level has been much talked about, and is the outcome of both higher inflation and greatly enhanced unemployment that currently afflict the capitalist world.

Karnataka: Resisting Communal Distortion of the Vachana Movement

ALTHOUGH the BJP lost the Karnataka Assembly elections in 2023, its aggressiveness has not stopped. The BJP continues to try to gain narrow political advantages over the Congress and is attempting to destabilise the elected government using central power.

Donald Trump’s Reverse Kissinger Strategy

US President Donald Trump called Russia’s President Vladimir Putin and told him that his government is committed to a peace process in Ukraine. As part of the deal, Trump’s administration made it clear that sections of eastern Ukraine and the Crimea would remain in Russian hands. Speaking at the headquarters of the North Atlantic Treaty Organisation (NATO), Trump’s Defence Secretary Pete Hegseth said that it was ‘unrealistic’ to assume that Ukraine would return to its pre-2014 borders, which means that Crimea would not be part of any negotiations with Russia.

Why is India Going Back to Failed US Nuclear Suppliers

THE finance minister's recent budget discussed a significant focus on nuclear energy, particularly the use of Small Modular Reactors (SMRs) and the need to amend India's nuclear liability law: The Civil Liability for Nuclear Damage Act, 2010. Though this has been a demand of the US nuclear industry for a long time, it has been on the back burner as the US nuclear industry has iteself been in a crisis for quite some time. Westinghouse emerged from Chapter 11 bankruptcy protection only in 2018 and commissioned the Vogtle nuclear plant in Georgia, US, in 2023.

President’s Rule Underlines Bankruptcy Of Double Engine Government

CPI(M) Polit Bureau has issued the following statement on February 14THE imposition of President’s Rule in Manipur underlines the utter bankruptcy of the BJP double engine government under whose rule the state has been in violent turmoil for two years. President’s Rule has been imposed not in the interests of Manipur but to buy time to settle the internal conflicts within the ruling coalition.

The Coal Economy of Jharkhand: A Story of Growth, Struggles, and Displacement

COAL has long been one of the largest sources of modern energy, powering industries, transportation, and most importantly, electricity generation. India, being one of the largest producers and consumers of coal, relies heavily on this fossil fuel to sustain its energy demands. Within India, Jharkhand holds a crucial position as one of the largest coal-producing states. With its vast reserves and mining infrastructure, Jharkhand plays a central role in meeting the country’s coal needs.

TN: Workers’ Victory: Samsung India Workers’ Union Registered

IN a significant victory for working class rights in India, the Samsung India Workers' Union (CITU) was officially registered on January 27, 2025, following a determined seven-month struggle symboliSing the resilience and unity of workers nationwide.The journey began in June 2024 when over 1,800 permanent workers at Samsung's manufacturing facility in Sunguvarchatram, Kanchipuram district, Tamil Nadu, decided to unionise under the banner of the Centre of Indian Trade Unions (CITU).

Con Job on US-India Military Sales

THERE has been a lot of heat generated, but very little light shed, by media reports in India, and to a lesser extent abroad, about the seemingly imminent sale by the US to India of the frontline fifth generation F35 multi-role fighter aircraft. The reports have claimed that a possible deal was announced during the meeting of Prime Minister Modi with President Trump during the former’s recent visit to the US.The trick lay in showing that the leaders of both the US and India had gotten at least some of what they wanted out of this much hyped visit.

Search form

Peoples Democracy newsletter