MacroScan - an alternative economics webcentre

Time 2020-10-20 13:04:05

Web Name: MacroScan - an alternative economics webcentre

WebSite: http://www.macroscan.org

ID:88288

Keywords:

an,MacroScan,alternative,

Description:

Patnaik discusses the proletariat's relationship with different segments of the bourgeoisie and the peasantry and the Communist Party's tactics towards other political forces, over the last one hundred years of the existence of communism in India. Modi government suggests that intervention in the form of MSP will continue, but it was not incorporated in the Agricultural bills rushed through the parliament by this government. Moreover, if the mandis lose primacy, as the legislation visualizes, then the MSP-regime becomes infructuous. under capitalism is associated with an increase in absolute poverty and the Indian experience bears this out. The period of neoliberalism in India witnessed rapid capital accumulation and hence rapid growth in GDP and yet this very era saw an increase in absolute poverty. results of the time use survey of the NSSO reveal expected but nonetheless striking results about how men and women in India spend their time very differently, with women hugely burdened by unpaid work. emergence of a trade surplus in India's balance of payments over the first five months of 2020-21 does not signal what it would in normal times. A closer analysis of the trade data traces the surplus to the behaviour of an economy in recession. Prime Minister, in his speech, had made several claims about his relief programmes in the past three months. But various recent estimates and field-based reports clearly suggest the huge gap that exists between these claims and the reality of implementation. webinar titled COVID-19 Pandemic and Fiscal federalism in India was organized by Gulati Institute of Finance and Taxation (GIFT) during 27-28 April 2020. 'Coronavirus Lockdown has Already Done More Damage to Economy than Demonetisation' Mar 26, 2020. an interview serving as the first wake-up call to the damages of coronavirus lockdown on the economy, Prof Jayati Ghosh says more damage has already been done in two days of lockdown than by demonetisation since it happened in November 2016.

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