India Out of Work
An excerpt from ‘India Out of Work: Rethinking India’s Growth Story’ India Out of Work explores the growing crisis in India’s labour market. Over the past few years, non-farm jobs, which are crucial for...
PROMISES NOT KEPT, SELLING FALSE DATA — A FARCE CALLED UNION BUDGET
Budgets are supposed to deliver the promises made by the ruling party, address challenges before the economy, and achieve the constitutional goals. One of the most important constitutional goals is to bring down inequality...
Union Budget 2026–27: Prosperity in Numbers, Poverty in Reality!
If one were to rely on the official data released by the government, India’s economy is claimed to be in a comfortable position today on four key parameters—high growth rate, global ranking in Gross...
Budget Expectations: Need to Escape Confused Policy Making
The only option for India is to reduce dependence on the external markets and boost internal markets via income support to the marginalised which can more than make up for the loss of external...
How Tamil Nadu Achieved Economic Growth with Social Justice and Development
As per the RBI Handbook on Statistics of States, Tamil Nadu doubled its economy in a decade from a GSDP of Rs. 14.6 lakh crore in 2017–18 to Rs. 31.18 lakh crore in 2024–25....
Whither Make in India? Unemployment surges despite India’s economic ranking boost claim
India’s rising unemployment continues to cast a shadow over its much-touted economic ascent, with official data revealing that the jobless rate climbed to 5.6% in May 2025 from 5.1% the previous month. The worrying...
Rising Unemployment in a Rising Economy! | Finance Matters, 20 June 2025 | Editorial
While the Union government proudly touts India’s position as the “world’s third-largest economy,” the latest employment data tells a more sobering story, which doesn’t feature in celebratory speeches or glossy campaigns. According to official...
India’s GDP Growth: A Misleading Celebration | Finance Matters, 06 June 2025 | Editorial
There has been considerable noise in the media and government circles about India surpassing Japan to become the world’s fourth-largest economy in terms of GDP. While this sounds impressive, it hides the real story....
Tamilnadu Economic Survey and Budget
A model for the country and other states! We have seen many Union Economic Survey and Budget as well as State Budges. Kerala Budget especially by Dr. Thomas Issac used to have innovations and...
Budget 2025 – rhetorics repeated
Slogans modified. No efforts to revive the Economy. In a surprise, Dr. Ananda Nageswaran, Chief Economic Advisor, with his team of more than 150 people, produced an Economic Survey 2025 with certain critical comments....
Corporate control of the country must go- Farmers are showing the way
During the year-long agitation in 2020-21, the farmers gave a call to boycott Ambani and Adani. Now they have given a call to Observe Corporate Quit India Day on 9th August 2024. They have...
The Economic Survey Only Increases Concerns of Inequality
As the country gears up for the presentation of the Budget for the financial year (FY) 2024-25, the economic survey for 2023-24, tabled by Union finance minister Nirmala Sitharaman is key to understanding what...
Issues raised by the Consortium comprising former mayors and commissioners of municipal corporations of Himachal Pradesh
We, former mayors, and commissioners who have served city governments in different periods of time welcome you to this historic town of Shimla.
Trade deficit to touch all-time high of 7% of GDP in FY23
As India prepares for the next budget, here is another critical issue it needs to focus on: The galloping trade deficit. According to the First Advance Estimate (AE1), released earlier this month, the trade...
‘Car economics’ to explain India’s skewed growth model
Somewhat like ‘thalinomics’ of Economic Survey of 2019-20 which measured household incomes and “dosa economics” of Raghuram Rajan in 2016 to explain inflation, ‘car economics’ explains the higher-growth-higher-inequality paradigm
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