India
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India : debt, banking crisis,...
10 January 2023 - by Eric Toussaint, Sushovan Dhar
Sushovan Dhar is interviewed by Eric Toussaint about the debt situation and the banking crisis in India, and other topics. Eric Toussaint : In your presentation at the 9th CADTM South Asia Conference in Colombo you explained that India’s real (...) -
Private Debt in India : Current trends in the context of COVID-19 Pandemic
8 December 2022 - by Chinmayi Naik
Chinmayi Naik (Working Peoples’ Coalition in India) was one of the CADTM delegates at the 9th CADTM South Asia meeting in Colombo, Sri Lanka (2nd - 4th december 2022) . She made a presentation about the state of private debt in the context of (...) -
Bank Privatization and the Never-finished Neoliberal Agenda
25 October 2022 - by C P Chandrasekhar
The long-standing debate on whether India’s public sector banks should be privatized has resurfaced in recent days. Two articles, besides numerous statements from advocates of ‘reform’, triggered this round of debate—one wittingly and the other, (...) -
The G7 prepares a divide-and-conquer trap, as BRICS countries spall, fall and try to reconstitute
24 June 2022 - by Patrick Bond
On Friday June 24, a hasty one-day virtual summit of the Brazil-Russia-India-China-South Africa will occur, hosted by Xi Jinping. The date is important because on Monday June 26, two of the three intrinsically pro-Western leaders from the bloc – (...) -
Indian farmers script a victory
8 December 2021 - by Sushovan Dhar
Millions of Indians were greeted by pleasant news on 19 November as Narendra Modi, the Indian Prime Minister, announced his government’s intention to repeal the three contentious Farm Bills which were intended to ‘fix’ the country’s ailing (...) -
How the farm reforms will destroy India’s farmers and food security?
16 October 2021 - by Tanmoy Ibrahim
A massive wave of farmers’ protest movements against the anti-farmer agriculture bills and amendment to the Essential Commodities Act, 1955, has stunned Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP), as it couldn’t believe that a mass (...) -
[VIDEO] FESTIVAL SESSIONS: Growing private debt, vulnerability and inequality in South Asia
7 September 2021 - by Farooq Tariq , Sushovan Dhar, Amali Wedagedara, Nalini Ratnarajah
Presented by: South Asia Alliance for Poverty Eradication (SAAPE), Progressive Plantation Workers Union (PPWU) India, Manitham Trust India, Bangladesh Nari Progati Sangh (BNPS), South Asia Tax and Fiscal Justice Alliance (SATaFJA). Session is (...) -
Farmers mobilisation in the backdrop of an agrarian crisis
21 May 2021 - by Sushovan Dhar
The agricultural laws proposed in 2020 by India’s ruling Bharatiya Janata Party (BJP) government - the Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, the Farmers (Empowerment and Protection) Agreement on Price Assurance and (...) -
Peasant Struggles in India, a Feminist Perspective
2 April 2021 - by Archana Prasad
Archana Prasad spoke with Capire about women’s work and lives in India and the struggles against corporate power and right-wing policies Archana Prasad is a professor at the Centre for Informal Sector & Labour Studies at the Jawaharlal (...) -
India: Proposals against new attempts to privatise state-owned banks
11 March 2021 - by Eric Toussaint, Sushovan Dhar
Public sector banks account for more than two-thirds of the banking market in India. Currently, they are subjected to a systematic smear campaign launched by the reactionary Narendra Modi government, big media including the international press (...) -
India: from loans to credit since 4000 years and the existence banks for 2500 years
24 February 2021 - by Eric Toussaint, Sushovan Dhar
The first credit in India dates back 4000 years. The existence of loans is proved to exist during the Vedic period, which is between 2000 and 1400 BC. The existence of banks in India dates back to 500 BC. A treatise on the art of politics of (...) -
Las lecciones de la lucha de los agricultores indios
1ro de febrero de 2021 - por Sushovan Dhar
La lucha de los agricultores y su avance parcial nos ha mostrado el camino. Movimientos fuertes desde abajo pueden servir potencialmente para enfrentarse al gigante Hinduvta que las alianzas electorales de último momento. ¿Cuál será el destino de (...) -
The lessons of the Indian farmers’ struggle
28 January 2021 - by Sushovan Dhar
The Farmers struggle and its partial advance has shown us the way. Strong movements from below can have the potential to take on the Hinduvta juggernaut much more than stitching electoral alliances. What will be the fate of this movement six (...) -
India: Long march to peasant unity
4 January 2021 - by Ranjini Basu
The unprecedented unity among peasant organisations is not a sudden development. It has been built over several struggles, which have expanded the base of the peasant and snowballed into the massive protests against the new farm laws. The (...) -
Micro credit : empowerment or victimisation?
10 December 2020 - by Sushovan Dhar, Sankha Subhra Biswas
The pandemic and the ensuing lock-down has hit India like never before. A report by K Chandra Shekhar and Kasif Mansorr from Azim Premji University states “According to the ILO report, in India, more than 400 million informal workers may get (...) -
Strengthening Agro-business Capitalism and Weakening Federalism
4 December 2020 - by Pritam Singh
India is currently rocked by farmer’s protest. Tens of thousands of farmers have surrounded India’s capital, New Delhi, where they intend to camp out for weeks to protest against the contentious new agricultural laws that could destroy their (...) -
Radical Socialist Statement on Hathras Caste Atrocity and the Babri Masjid Verdict
10 October 2020 - by Radical Socialist
On the 14th of September, a 19 year old woman of the Valmiki caste,was gang-raped and brutally assaulted by four Thakur men in Hathras, Uttar Pradesh. Her spine was broken, and her tongue cut out. Days later, she died in a hospital from the (...) -
The farcical Rupees (INR) 20 trillion ($265 billion) stimulus package
29 June 2020 - by Sankha Subhra Biswas
While the whole world is suffering from the COVID-19 pandemic with more than 10 million people affected by it, the economic crisis is more acute than ever. As a response, the governments of the developed as well as the developing countries came (...) -
The downward journey of stock markets, repurchase of shares and the story of fictitious capital
12 May 2020 - by Sankha Subhra Biswas
A severe crisis has gripped the world financial markets since early March 2020 and needless to say, India has not escaped this onslaught. The Indian stock markets are unable to halt this deep slide. On certain days the markets shows some (...) -
Coronavirus, fictitious capital and financial crisis
25 April 2020 - by Sankha Subhra Biswas
The world has seen a spectre of corona virus! This deadly virus has already affected 2.84 million people with a death toll of almost two hundred thousand around the world. The number of people affected in India are 24,942 out which 779 persons (...) -
Class Struggle, Environment and the Corona Virus Pandemic
22 April 2020 - by Kunal Chattopadhyay
The Corona virus threat has been declared a pandemic by the World Health Organisation. How not to respond to it from the left is easily seen, by apparently leftist posts circulating in social media (Facebook, WhatsApp, Twitter), which suddenly (...) -
As the World Bank Puts Aside Past Wisdom on Public Spending, Will Sri Lanka Pay Heed?
20 April 2020 - by Ahilan Kadirgamar, Devaka Gunawardena
The COVID-19 pandemic is changing the way we think about the world. Even neoliberal global institutions must reckon with the changes. The World Bank’s South Asia Focus Report on the impact of COVID-19 on South Asian economies that was released a (...) -
Le défaut de paiement de dette de Infrastructure Leasing & Financial Services (IL&FS) : Privatiser les profits, socialiser les pertes ?
31 décembre 2019 - par Sushovan Dhar
Même lorsque l’effondrement de Lehman Brothers a secoué l’ensemble du monde financier, les élites politiques indiennes et la classe capitaliste étaient tout à fait convaincues que la contagion ne se propagerait pas à l’Inde. Il est vrai que les banques (...) -
How Is The Agrarian Distress In Maharashtra Affecting Women
23 December 2019 - by Manjima Misra
The plight of farm widows remains underreported due to lack of data, dearth of special focus on the gendered dimension of agrarian distress, policy paralysis and apathy of government. Women from suicide affected agricultural households suffer on (...) -
Alert on the sophistication of illegitimate debt techniques via mobile telephony
8 November 2019 - by Eric Toussaint
In the era of widespread mobile telephony, we witnessed certain capitalist firms employing a sophistication of techniques to ensure the illegitimate debt of the lower classes. Kenya, a country of 50 million people, is considered to be at the (...)
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