Mainstream Weekly

ACN Nambiar: An Unknown Freedom-Fighter Abroad | B P Mathur

B P Mathur — 2021-10-15T14:26:08Z

As we enter the 75th year of our freedom, the most appropriate thing to do is to pay homage to our freedom fighters by remembering the sacrifices, trial and tribulations they have gone through. This would inspire our countrymen, particularly youths and develop a spirit of nationalism and patriotism in them, so necessary for nation building. During our long struggle for freedom, a band of daring youths went abroad to Europe, USA and other places to escape the iron hand of British rulers and (…)

- 2021

Virendranath Chattopadhyaya - Indian Revolutionary Abroad: Unknown Warrior of Freedom Movement | B P Mathur

B P Mathur — 2021-09-17T20:22:10Z

The role of Indian revolutionaries, who operated from abroad to fight for country's freedom, has not been adequately appreciated in the history of our freedom movement. Post-1857 war of Independence, the administration of the country passed from the hands of East India Company to the British Crown, who ruled with iron grip allowing no dissent. To escape the long hand of British rulers a band of patriotic Indians found it expedient to operate from abroad, to secure for their countrymen their (…)

- 2021

Vinoba Bhave - Apostle of Peace - His relevance today | B P Mathur

B P Mathur — 2021-08-13T20:08:04Z

India's ancient culture is deeply embedded in spiritual values and cherishes humanistic values such as non-violence, truth, compassion, sharing and service to fellow human beings. Under the leadership of Mahatma Gandhi, India won freedom from British rule, on the strength of her ancient values of ahimsa and satya- non-violence and truth. One of the most ardent disciple of Mahatma Gandhi, who practiced his philosophy in letter and spirit was Vinoba Bhave. Leading an ascetic life of a sanyasi, (…)

- 2021

Har Dayal – The Unknown Revolutionary Genius | B P Mathur

B P Mathur — 2020-11-21T08:16:06Z

The role of Indian revolutionaries, who advocated armed uprising to drive the British out of the country, has not been adequately recognised in the history of freedom movement. The British had ruthlessly suppressed the armed revolt of 1857, but the pioneering revolutionaries such as Shyamji Krishna Varma, Bhikaji Cama, Har Dayal, Ras Behari Bose and a whole band of unknown heroes like them, kept the flame of freedom alive in heart of Indians. Many of them operated from abroad to escape the (…)

- 2020

India's Trade-relationship with China: The New Imperialism | B P Mathur

B P Mathur — 2020-07-24T06:09:00Z

Chinese import have thrown a spanner in the wheel of India's economic progress per se and industrial manufacturing in particular. The Chinese import is so hard hitting on Indian industry that many manufacturers have become traders.
The impact of Chinese goods has been such that India is threatened to become a country of importers and traders with domestic factories either cutting down production or shutting down completely...The country can ill afford its industry including MSMEs to get (…)

- 2020

India's Looming Financial Crisis, Mounting Expenditure and Exploding Debt

B P Mathur — 2019-12-21T19:46:00Z

Kautilya, the 3rd century BC philosopher-statesman, had observed that ‘a king with depleted Treasury eats into the very vitality of citizens and the country'. The Indian Government's Treasury today is empty due to years of profligacy by the government, its revenues falling short of ever-increasing expenditure and the shortfall met by recourse to debt. But debt has to be paid back and unless prudently used, imposes heavy future burden on the debtor, be it individual, corporate or government. (…)

- 2019

Government's Obsession with Growth — Misleading the Nation

B P Mathur — 2019-08-03T21:07:12Z

The Economic Survey presented by the government to Parliament on July 4, 2019, a day before the Budget presentation, targets eight per cent growth and aspires India to grow at this rate annually, so that it becomes a $ 5 trillion economy in five years time—2024-25. That is the ultimate goal of economic policy, and the government thinks that by achieving it, India will become a wonderland and everything will be hunky-dory. (Currently India's GDP is $ 2.7 trillion—2018.) Economists have been (…)

- 2019

Forceful Case for an Alternative Development Model

B P Mathur — 2015-10-03T19:52:30Z

BOOK REVIEW
To Choose Our Future by Ashok Khosla; Development Alternatives and Academic Foundation, New Delhi; 2015; pages 127.
Sustainable Development holds the key to India's future and its prosperity. Unfortunately the model of development we have adopted, post-1990s economic liberalisation, is leading to vast environmental degradation, threatening the very existence of life in our planet, simul-taneously creating a dysfunctional economy, in which a vast army of hungry and deprived (…)

- 2015

India's Fiscal Crisis — Reform Budgetary System to Prevent Insolvency

B P Mathur — 2015-06-13T18:37:51Z

Kautilya, the 4th century BC philosopher- statesman, in his magnum opus Arthashastra, had observed that ‘A King with depleted Treasury eats into the very vitality of the citizens and the country'. The UPA Government, by the time it was thrown out of power, left an empty treasury due to its reckless financial policies, with the economy in shambles. Is the new government, which came to power in May 2014, following a policy of fiscal rectitude, containing unbridled public expenditure and (…)

- 2015

India's Foreign Trade Deficit, Rupee Slide and the Fraud of Modern Economics

B P Mathur — 2014-12-27T21:00:00Z

The intense pressure being applied on India to sign the WTO's trade facilitation agreement, sidetracking India's legitimate concern of food security, shows the hard reality of international economic relations. Indian policy-makers fail to realise that behind the sophistry of international diplomacy, the Western countries are vigorously pursuing their agenda of finding markets for their products to give a boost to their stagnating economies. Nobel Prize winning economist Thomas C Schelling (…)

- 2014