ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Impoverishing Uttar Pradesh

In a study on the Uttar Pradesh budget for 2012-13 conducted at the G B Pant Social Science Institute, it was found that the indebtedness of the state government is now over Rs 2.5 lakh crore and is rising annually by Rs 18,000 crore. The annual repayment of debt and interest at Rs 19,000 crore and...

Alternative Trajectory of Development?

In his article “The Left in Decline: A Response” (EPW, 10 March 2012) Prabhat Patnaik mentions that I was factually wrong in saying that the Communist Party of India (CPI) opposed the Quit India movement at the behest of the Soviet Union. As a matter of fact, the CPI considered the Soviet Union as...

For a New Left Party

LETTERS Issn 0012-9976 Ever since the first issue in 1966, EPW has been India’s premier journal for comment on current affairs and research in the social sciences. It succeeded Economic Weekly (1949-1965), which was launched and shepherded by Sachin Chaudhuri, who was also the founder-editor of EPW...

On the Left in Decline

If overwhelming evidence shows that the CPI(M) has abandoned the project of "transcending capitalism" then Prabhat Patnaik ("The Left in Decline", EPW, 16 July 2011) should come to the logical conclusion that CPI(M) is no different from any standard bourgeois party.

Defects in Self-Help Groups

LETTERS Issn 0012-9976 Ever since the first issue in 1966, EPW has been India’s premier journal for comment on current affairs and research in the social sciences. It succeeded Economic Weekly (1949-1965), which was launched and shepherded by Sachin Chaudhuri, who was also the founder-editor of EPW...

Unfair Minimum Support Price

Sharad Pawar, the union agriculture minister has asserted that the government fixes the minimum support price (MSP) by taking all costs into consideration as determined by the Commission for Agricultural Costs and Prices (CACP). This is patently wrong. CACP has categorised costs into the categories...

Corporate Profits

Salman Khurshid, the corporate affairs minister, has suggested that corporate houses should not pay vulgar salaries to the chief executive officers (CEOs) of companies In this connection the minister said that many CEOs get an annual salary of more than Rs 50 crore which is 12,000 times the per...

Starving India

if his politics or the politics of the self-styled movement caused the inevitable in Ayodhya. Ayodhya Movement Advani is however absolutely right in giving pride of place to the account of the socalled

Rural Distress and Government Policy

National Sample Survey data in Income, Expenditure and Productive Assests of Farmer Households, 2003 showed that 96 per cent of farmer households are in deficit and half of the households are indebted. Debt waiver can only be welcomed in such a situation. Once indebted, marginal and small farmers...

Data Withdrawn

The Economic Survey contained data till 2002-03 on the outgo on account of interest on service payments on foreign loans and credits under the rubric of the balance of payments (Tables 6.3A and 6.3B). Now this data has been withdrawn for reasons best known to the mandarins of the union finance...

Preserving the Power Structure

Sumanta Banerjee (August 4) while analysing the post-Emergency scenario does not provide any answer as to why various political formations and coalitions, including the Left Front government in West Bengal, have failed not only to project any alternative model of growth but have not even provided a...

Rural Sector: Continued Neglect

The agricultural sector is stagnating. Foodgrains production has not increased during the last six years. Per capita availability of foodgrains is declining and is at the same level as it was 50 years back. It was expected that the budget would address this issue in a bold manner by, among other...

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