Tag : non-performing assets

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#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 […]


Ambanis, Crony Capitalism and Defence Deals

The Ambani family is one of the most powerful business dynasties of this country today, influencing key economic policy decisions of the Government, independent of which party has the majority in Lok Sabha. And their sway over the country is only going to increase manifold in the years to come, with the entire Defence sector […]