Peoples Democracy newsletter

Peoples Democracy newsletter

On Income and Wealth Inequality

THE fact that income and wealth inequalities have increased quite dramatically under the neo-liberal regime is beyond dispute. The empirical work by Piketty’s team bears out the increase in income inequality. They use income tax data to infer about the share of the top 1 per cent of the population of a country in its national income. One may raise objections to this method of estimation, but the conclusions are so overwhelming that one can scarcely quarrel with them.

Kerala on the Path of Growth and Development

KERALA'S economy achieved a commendable growth rate of 12.8 per cent for the financial year 2021-22, according to the report of the National Statistical Office, released on November 15, 2022. That this translates into an increase of 14.4 per cent compared to the growth rate of the pre-pandemic year 2018-19, adds more glitter to Kerala's accomplishment. There is one more reason to highlight the growth performance of the state, which is that the manufacturing sector emerges as the second largest growing sub-sector next to mining and quarrying during this period.

Bill to Capture Cooperatives in States

THE tendency to centralise administration and power – and thereby weaken the federal structure of the constitution – is a hallmark of the Narendra Modi government’s policy. One of the important ways in which the Modi government attempted to violate the constitutional powers of the states was by forming a ministry of cooperation and installing none other than Amit Shah as its minister.Soon after the formation of the ministry, the Supreme Court of India gave a judgement that partly limited the adventurism of the BJP government.

Second Quarter Estimates: Contraction in Manufacturing

THE quarterly estimates released for the second quarter (July-September) by the National Accounts Division estimate a GDP growth of 6.3 per cent which was pegged at 13.5 per cent in the first quarter of 2022-23. It is understandable that the previous figure was relatively high because of the low base effect and growth rates show moderate trends as situations normalise. On the sectoral growth trends what seems positive is the recovery of growth in contact-intensive services particularly the hospitality industry which suffered a huge contraction during the pandemic.

Hurdles India Faces

EVERY day brings fresh evidence of the hurdles India faces as chairperson of the G-20 group in showcasing to the world, in the words of the prime minister, that it is "such a rich and living democracy of the world."The hurdles are placed not by ordinary citizens but by the actions of the central government and of functionaries at various levels of the ruling party.

AIFAWH Conference Resolves to Take Struggles to New Heights

THE tenth national conference of the three-decade old All India Federation of Anganwadi Workers and Helpers (AIFAWH) was held from December 6-9, 2022 at the historic city of Madurai in Tamil Nadu.Reviewing the experiences of the struggles held in the last three years against the pandemic, malnutrition and hunger as well as the unprecedented struggles against the anti-ICDS policies of the governments in various states, the conference resolved “to heighten our struggles and equip our organisation to take on the corporate communal regime and the capitalist order.

'Save Power Sector, Save India' A Call for Resistance and Defiance

JANTAR Mantar witnessed presumably the largest ever assembly of electricity employees and engineers under the banner of National Coordination Committee of Electricity Employees and Engineers (NCCOEEE) on November 23, 2022. NCCOEEE is the broadest conglomeration of electricity-related federations operating throughout the country. Earlier on August 2, NCCOEEE held a national convention and called upon 2.7 million electricity employees and engineers to join the nationwide struggle to oppose the Electricity Amendment (EA) Bill on the day of its introduction in parliament.

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