C.P. Chandrasekhar

C.P. Chandrasekhar

C. P. Chandrasekhar is currently Professor at the Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi. He has published widely in academic journals and is the co-author of Crisis as Conquest: Learning from East Asia (Orient Longman), The Market that Failed: Neo-Liberal Economic Reforms in India (Leftword Books) and Promoting ICT for Human Development: India (Elsevier).

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At a protest BY Congress workers against what they say were unsafe investments by LIC and SBI in Adani group companies, in New Delhi on February 6.

Adani-Hindenburg saga raises concerns over exposure of LIC, public sector banks

There are dangers in public institutions blindly supporting the rapid growth of corporate groups.

C.P. Chandrasekhar

The latest fuel prices being updated on a board in Karachi on February 16 after the government hiked prices of petroleum products.

Pakistan likely to go the Sri Lanka way, default on external debt payments

Faith in a reformed IMF being an instrument for global governance in times of crisis is misplaced.

C.P. Chandrasekhar

At an ICDS centre in Ambattur zone of Chennai that reopened after a long time on September 1, 2020.

Without growth or welfare, Budget 2023-24 is one that curtails social spending

One expects welfare spending to spike before elections. But this Budget goes against the grain.

C.P. Chandrasekhar

Punjab National Bank became the second-largest public sector bank in the country after the government announced that it would merge Oriental Bank of Commerce (OBC) and United Bank of India with it, in 2020.

Is a reversal of bank nationalisation on the cards?

Calls for privatisation have grown louder just as public sector banks clean up their balance sheets.

C.P. Chandrasekhar

A member of the All Assam Government NPS Employees’ Association at a protest demanding restoration of the old pension scheme in Guwahati on November 8, 2022.

Debate over old pension scheme divides State governments and Centre

The Centre has launched a propaganda war to discredit this decision against the new scheme.

C.P. Chandrasekhar

JMM workers protest against the ED’s summoning of Jharkhand Chief Minister Hemant Soren in a money laundering case, in Ranchi on November 18, 2022.

Central order on sharing information with ED widely criticised

The government’s decision is seen as another effort to weaponise the PMLA to target opposition and dissenters.

C.P. Chandrasekhar

At a coal mine dump at the coal-powered Duvha power station, near Emalahleni east of Johannesburg, on November 17. Developing countries have been repeatedly stressing that there can be no phase down of coal and other fossil fuels without flows of finance to them from the advanced nations responsible for the very high proportion of historical emissions that account for today’s carbon cover.

Real COP27 failure is absence of commitments on long-term climate finance

The decision to set up a loss and damage fund to help developing countries is its only achievement.

C.P. Chandrasekhar

A worker produces children’s clothing for export at a textile factory in Binzhou in China’s Shandong province on October 26. The economic return to normlacy has been uneven across geographies.

IMF endorses increase in US interest rates even as global crisis unfolds

Doing so can precipitate a recession that would be far more damaging in the South than in the North.

C.P. Chandrasekhar

Autorickshaw drivers waiting in line to buy petrol, in Colombo on July 29.

Can austerity end the Sri Lanka crisis?

IMF’s solution for Lankan debt crisis could be a case of the cure being worse than the disease.

C.P. Chandrasekhar

Jerome Powell, Chairman, US Federal Reserve Board, during a news conference following the meeting of the Federal Open Market Committee (FOMC) on September 21 in Washington.

Federal Reserve move to check inflation could impact less-developed countries

The move entails increasing its benchmark interest rate to a projected 4.4 per cent by the year end.

C.P. Chandrasekhar

At a Canara Bank loan mela in Hoskote, near Bengaluru, where hundreds of tractors and other items were distributed to farmers, in March 2005.

Long-standing debate on privatisation of state-run banks resurfaces

Neoliberal ideologues should remember that criticism of public ownership of banking is misplaced.

C.P. Chandrasekhar

Hyderabad Joint Commissioner of Police Gajarao Bhupal with seized laptops after the cyber crime police busted a loan app racket, on March 9, 2022.

ED raid on loan apps reveals strong Chinese presence in crypto crimes

Crypto exchanges were transferring overseas the money these apps extracted from borrowers.

C.P. Chandrasekhar