Newsclick editor-in-chief Prabir Purkayastha and eminent economist Prabhat Patnaik discuss the state of the Indian economy in this in-depth interview. As India celebrates its 75th year of independence, a majority of the population is reeling under severe economic hardship. Patnaik suggests concrete measures the government can take to help citizens overcome this crisis. He traces how the Indian economy has developed at the cost of the poor under successive governments. The big question is whether India has ever got freedom from neoliberalism?
Real independence would mean people getting their purchasing power back: Prabhat Patnaik
Noted economist Prabhat Patnaik and Newsclick’s Prabir Purkayastha talk about state of India’s economy on the 75th anniversary and the government’s insistence on sticking to fiscal deficits at the cost of spending
