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Industrial Relations Code, 2020: Industrial Stability or Restriction on Labour Voice?

Introduction The Industrial Relations Code, 2020 is one of the most significant labour reforms introduced in India in recent decades. Enacted as part of the consolidation of 29 labour laws into four labour codes, the law aims to simplify industrial relations, improve ease of doing business, and create a structured mechanism for dispute resolution between employers and workers. Supporters describe the Code as a modern framework designed to reduce sudden industrial disruptions and encourage negotiation-based settlements. Critics, however, argue that several provisions — particularly those relating to strikes, lockouts, and dispute resolution — disproportionately weaken workers’ bargaining power. At the center of the debate lies an important constitutional and democratic question: Can industrial peace be achieved without limiting the practical ability of workers to collectively resist exploitation? What the Industrial Relations Code, 2020 Changed The Industrial Relations Code merge...
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The 1991 Myth: Deconstructing the "Manmohan’s LPG" Narrative Against the Hard IMF Script

For over three decades, the political and economic narrative surrounding India’s historic 1991 economic liberalization has been anchored to a singular, glowing myth: that Finance Minister Dr. Manmohan Singh, through sheer visionary genius and ideological foresight, single-handedly pulled India out of its socialist stagnation and gifted the nation the modern template of Liberalisation, Privatisation, and Globalisation (LPG). However, when you strip away the romanticized political speeches, archive the dramatic "Victor Hugo quotes," and unearth the actual, dust-covered economic documents from Washington D.C., a radically different, cold reality emerges. The 1991 reforms were not an act of sovereign vision; they were a mandatory chore list. Dr. Manmohan Singh did not craft a new blueprint for India—he executed a non-negotiable, pre-written script dictated line-by-line by the International Monetary Fund (IMF) as rigid conditionalities for survival cash. Here is the fu...
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India’s Inflation Crisis: How Global Oil Politics, Crude Oil Uncertainty, and the Trickle-Down Effect Are Reshaping the Economy

India is once again entering a dangerous inflation cycle, and the warning signs are visible everywhere — rising petrol and diesel prices, expensive transport, increasing food costs, and shrinking purchasing power of ordinary citizens. According to official Government of India data, Wholesale Price Inflation (WPI) rose to 8.3% in April 2026 — the highest in 42 months. The Fuel & Power category alone surged by 24.71%. Petrol inflation crossed 32%, diesel inflation crossed 25%, and LPG prices also increased sharply. India imports nearly 85% of its crude oil requirement. This makes the Indian economy extremely vulnerable to global crude oil uncertainty caused by: • USA–Iran tensions • West Asia conflicts • OPEC production cuts • Shipping route disruptions • Dollar strength and currency fluctuations Whenever global crude oil prices rise, India’s import bill rises immediately. A higher import bill weakens the rupee, increases fiscal pressure, raises transportation cost...
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