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Surajit Mazumdar

Death in Police Custody

Vol - XLVIII No. 16, April 20, 2013 | Ranjeeta Dutta, Ayesha Kidwai, Anirban Kundu, Abhijit Kundu, Pradip K Mahapatra, Shaswati Mazumdar, Surajit Mazumdar, Mritiunjoy Mohanty, Debi Prasad Mishra, Ishita Mukhopadhyay, Sushil Khanna, Dipak Kesh, Guruprasad Kar, Sanjukta Ganguly, Kuntal Ghosh, Aditi Ghosh, Aurnab Ghose, Asimananda Goswami, Biswajit Haldar, Arun Jana, Debnarayan Jana, Abdul Kafi, Surajit Mukhopadhyay, Maitreyee Nandy, Amitava Pal, Pranab Sarkar, Sukhendu Sekhar Sarkar, Bhupen Sarmah, Sucharita Sen, Sharmistha Sen, Jayeeta Sharma, Anup Sinha, Rajyeswar Sinha, Janaky Sreedharan, Maitreyee Saha Sarkar, Himansu Charan Sadangi, Jyoti Sabharwal, Debabrata Pal, Parthapratim Pal, Subrata Pal, Rajni Palriwala, Archana Prasad, M Rajivlochan, V K Ramachandran, Manas Ray, Rahul Roy, Vamsi Vakulabharanam., Parthiba Basu, Sudipta Bandyopadhyay, Arindam Banerjee, Taposik Banerjee, Sharmistha Banerjee, Sumit Kumar Baruya, Channa Basavaiah, Padmanava Basu, Saumyajit Bhattacharya, Sukanta Bhattacharya, Bijay Bal, G Arunima, S Anandhi, Gautam Gangopadhyay, Selvyn Jussy, Gautam Gupta, Indraneel dasgupta, Binayak Dutta-Roy, Subimal Sen, Ratan Khasnobis, Dinesh Abrol, Indu Agnihotri, Sudipta Bhattacharya, Abhijit Bhattacharya, Dwaipayan Bhattacharya, Shibani Chaudhury, Chirashree Dasgupta, Samantak Das, Kandarpa Das, Surajit Das, Jayati Das, Sumangala Damodaran, Malabika Das Gupta, Anindya Datta, Arijit Chaudhuri, Suchetana Chattopadhyay, Apurba Kumar Chattopadhyay, Jyotirmoy Bhattacharya, Kaushik Bhattacharya, Saswata Bhattacharya, Kamales Bhaumik, Parthasarathi Bhaumik, Kaberi Chakraborty, Satyabrata Chakraborty, Amitava Chakraborty, Mahalaya Chatterjee, and Shantanu De Roy

We have watched with disgust and horror the brutal police assault on students during a peaceful demonstration organised by four Left students’ organisations on 2 April 2013 in Kolkata and the subsequent death of Sudipta Gupta, a participant in the demonstration, while in police custody. Sudipta was a bright student and a leading activist of the Students Federation of India. We are shocked to see the chief minister of the state absolve the police of any responsibility for Sudipta’s death even before a proper enquiry had been initiated.

Unstable Rupee, Floundering Economy

Vol - XLVII No. 29, July 21, 2012 | Surajit Mazumdar

Adverse sentiments by themselves are not the real source of the current problems being faced by the Indian economy, of which the weakening of the rupee is only one manifestation.

Investment and Growth in India under Liberalisation: Asymmetries and Instabilities

Vol - XLIII No. 49, December 06, 2008 | Surajit Mazumdar

This paper makes the case that the growth trajectory of the Indian economy in the post-1991 liberalisation period is characterised by an inherent source of instability in manufacturing and industrial growth that distinguishes this period from the 1980s. This instability is a result of an investment-growth asymmetry that flows from a combination of a services-intensive growth pattern and a manufacturing-intensive investment pattern, which reflects the pattern of demand expansion within the domestic economy as well as in external markets, as also reliance on private corporate investment as the driver of the economy's investment process. In such circumstances, maintaining the balance between capacity creation and demand expansion in the manufacturing sector becomes impossible. Investment is thus prone to a high degree of instability, which, via its effects on demand, makes industrial growth too highly unstable. The services-intensive growth trajectory after 1991 is therefore more correctly viewed as one which is unable to fully utilise the capital accumulation potential of the economy rather than as a trajectory that is cheap in the use of capital. Correcting this problem however requires measures that are inconsistent with a liberalised economic policy regime.