WE observe a strange phenomenon everyday, so strange that its strangeness goes generally unnoticed. Government spokespersons from the prime minister downwards go on repeating ad nauseam that India is the most rapidly growing major economy in the world today, that it will soon become a 5 trillion dollar economy, and that it has overtaken China in terms of the growth rate of the gross domestic product.

ARGENTINA’S new president Javier Milei proposes to use US dollars as the currency of his country, while abolishing its central bank altogether. What is involved in this proposal is not just maintaining a fixed exchange rate between the dollar and the domestic currency, but an abolition of the domestic currency altogether.

THOMAS Isaac, the former finance minister of Kerala and a distinguished economist, asserted that the Left government in Kerala has successfully elevated the standard of living for its ordinary citizens beyond that of any other state in India. He made these remarks during the 29th foundation day ceremony of the Punjabi Daily Desh Sewak at Bhakna Bhawan in Chandigarh on January 1.

CPI(M) Polit Bureau has issued the following statement on January 2THE latest expression of the Modi government’s active hostility towards the demand based rural work guarantee law – the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) is the imposition of an Aadhaar Based Payment System (ABPS) the deadline of which expired on December 31, snatching away the right to crores of workers.  Under the law, every rural worker has the right to a job card and every job card holder has the right to at least 100 days work.The first violation of the law by the

THE CPI(M) Manipur state secretariat met on January 2 to address the current state of affairs following the May 3 incident. The gathering observed two minutes of silence in remembrance of the four people who lost their lives in the Lilong Chingjao incident on New Year, perpetrated by unidentified gunmen.