Economy

How WTO Rules Undermine Indian Agriculture

A critique of WTO trade rules that expose how flawed economic assumptions have undermined Indian agriculture, threatening farmer livelihoods and national food security.

The Digital RMB and the Long March Against Dollar Power

China’s Digital RMB is rewriting the rules of global trade—faster, cheaper, and beyond U.S. reach. As tariffs and sanctions dominate Western strategy, China builds a lockchain-powered financial future, one trade deal at a time.

Exposing the Corruption Nexus: Untraceable Tax Defaulters and a Judiciary in Crisis

India's tax and judicial systems are in crisis, with over 17 trillion rupees locked in litigation and thousands of tax defaulters untraceable. Meanwhile, shocking corruption allegations, including burnt cash at a judge's home, highlight the deepening rot within the country's institutions. What was sold as a fight against corruption through demonetization has instead empowered the powerful.

Can We Exit From a World of Debt?

Half the world’s population (3.3 billion) lives in countries that allocate more of their budget to pay off the interest on debt than to pay for either education or health services.

The Great Corporate Heist: How Taxpayers Foot the Bill for Billionaire Bailouts

The Insolvency and Bankruptcy Code (IBC) was designed to address India’s bad loan crisis, but its execution has resulted in staggering losses for banks and taxpayers. Corporate giants like Anil Ambani’s Reliance Communications have escaped with minimal payouts, leaving the public to bear the financial burden. Recovery rates remain atrociously low, and large defaulters face little accountability.

Vizhinjam Port: Kerala's Gateway to Global Maritime Trade and Economic Growth

Vizhinjam International Seaport in Kerala has rapidly emerged as a key player in global maritime trade, with the arrival of its first container ship, *San Fernando*, in July 2024, and its 200th vessel, *A S ALVA*, in March 2025. Projections show the port will generate 2,15,000 crore over the next 36 years, with Kerala’s share estimated at 35,000 crore, though financial benefits are expected from 2029. In February 2025, it surpassed Chennai Port in container movement. However, the Kerala government has opposed the central government’s demand for repayment of Viability Gap Funding (VGF), which it argues would unfairly burden the state. This has sparked tensions between the central and state governments, with Kerala stressing the national importance of the port.

Crisis is Real and so the Transformation

This article explores the cyclical nature of crises within the capitalist system, detailing the economic markers that indicate its deepening stagnation. With falling investment, declining growth, and rising speculation, capitalism faces an inevitable breakdown. The piece argues that the neoliberal order, now in a crisis of unprecedented magnitude, requires radical transformation to restore balance in the economy and society, beyond the confines of neoliberal policies.

A Budget of Great Cynicism

In order to please global finance, the Budget 2025–2026 maintains the budget deficit untouched while redistributing purchasing power from the working poor to the salariat without touching the wealthy.

Kerala Budget 2025-26: A Progressive Vision for a Sustainable and Inclusive Future

In the face of persistent fiscal challenges, the budget 2025-26 emphasizes the importance of people-centric policies, sustainable development, and the resilience of Kerala’s economy.