Tag : bank fraud

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The Alarming Designs of a ‘5 Trillion Dollar Economy’: Part One

In this 3-part report, we take a stock of the current situation of the Indian financial sector, the current financial policies, and try to map how our ‘common wealth’ is being suctioned off into the pockets of a few big business families of the country. Tathagata Sengupta writes.   Part One: Indian Banking Reforms, from […]


#2018: The Year of Unprecedented Inequalities

The “spontaneous” tendency of capitalism to produce “wealth at one pole and poverty at another” has been accelerated with a vengeance under neo-liberal capitalism. Post-reform India, since 1990s, is a classic example of this phenomenon. But under the Narendra Modi regime, inequality in India has reached obnoxious levels. 2018 saw historic levels of inequality in […]