Who Pays, Who Bribes, Who Flees, Who Profits: BJP’s Swelling Coffers Amid Exploding External Debt

Posted on 6th January, 2026 (GMT 06:26 hrs) ABSTRACT India’s neoliberal delusion stands exposed in this searing critique: As the ruling Bharatiya Janata Party (BJP) amasses an astronomical financial empire—ballooning from modest pre-2014 assets to ₹7,113 crore in cash/bank balances and over ₹10,107 crore in election war chests by late 2025, propelled by ₹6,088 croreContinue reading “Who Pays, Who Bribes, Who Flees, Who Profits: BJP’s Swelling Coffers Amid Exploding External Debt”

End of Year Bombshell: How BJP-NDA-Hindutva Failed India – A Scathing 2014-2025 Indictment

As 2025 draws to a close, this comprehensive dossier documents not a series of discrete policy missteps, but a systemic transformation of governance in India (2014–2025): a shift from democratic accountability to political executive dominance; from evidence-based policymaking to manufactured narrative control; from social protection to structural precarity. Spanning the economy, federalism, data integrity, labour, the natural environment, digital freedoms, education, public health, cultural institutions, civil liberties, and fundamental rights, the record reveals enduring patterns of power centralization, calibrated opacity, selective enforcement, and institutional hollowing—accompanied by crony consolidation and the routinized criminalization of dissent. Democratic indicators decline as surveillance infrastructures expand, grassroots welfare erodes, and truth itself is rendered an object of administrative management. This is not a partisan ledger, but a counter-archive: an evidence-grounded indictment that affirms accountability as the necessary cost of power. In closing the year, it calls for a civic reckoning—not to foreclose debate, but to reclaim and restore it.

Of Debt and Delusion: India’s $747 Billion Burden and the Mirage of Neoliberal GDP Fetishism

This article critically examines India’s external debt surge to approximately USD 747 billion by mid-2025—a near-doubling since 2014—as a hallmark of crony capitalism under the Modi regime, where liberalized external commercial borrowings (ECBs) and public sector bank hollowing facilitate upward redistribution, oligarchic consolidation (favoring conglomerates like Adani and Ambani), and asymmetric risk socialization amid volatile private dominance (over 77% non-government), USD-heavy exposure (54%), and intergenerational burdens. Intersecting with GDP misreporting flaws (IMF C-grade accounts, unorganized sector proxies inflating growth) and colonial-era inequality peaks (top 1% holding 40% wealth), this financialized precarity—diagnosed via Toussaint’s World Bank “never-ending coup” and Lazzarato’s “indebted man”—enforces neoliberal discipline, commodifies survival, and erodes sovereignty despite orthodox “sustainability” metrics. Countering GDP fetishism’s ontological violence, it invokes Mahabharata’s aṛṇī ethics of non-indebtedness alongside nisargaṛṇa stewardship, proposing pluriversal alternatives like Felber’s Common Good Balance Sheet (non-commensurable axes of dignity, solidarity, ecology), A. K. Dasgupta’s Economics of Austerity, Raworth’s Doughnut Economics, Norberg-Hodge’s localization, degrowth/post-growth sufficiency, and gift/moneyless economies to reclaim community sovereignty from predatory entanglement toward justice, reciprocity, and unburdened flourishing.

Letters of Blood and Fire: “Terrorism”, Dispossession, and the Distorted Mirrorings of Domination

This article critically dissects “terrorism” as a politically contested and asymmetrically applied category, wielded to delegitimize subaltern and non-state violence while normalizing far greater state and corporate terror through legal, discursive, and institutional mechanisms. Drawing on an anarchist methodological lens amid India’s contemporary Islamophobic conjuncture, it provisionally defines terrorism as deliberate civilian-targeted violence intended to induce widespread fear for political, ideological, or social ends, exposing how state practices—from aerial bombings to militarized dispossession—evade the label via sovereign privilege. Integrating Marx’s primitive accumulation, Harvey’s views on accumulation by dispossession, and Toussaint’s analysis of debt-driven imperialism, the analysis frames terrorism as a systemic instrument embedded in neoliberal resource extraction, where conflict in mineral-rich zones (Afghanistan’s lithium, India’s Adivasi belts, Congo’s coltan) functions as both symptom and enabler of corporate plunder, preempted by advanced technologies like remote sensing and veiled by selective narratives that hyper-amplify “Islamic terrorism” while muting Hindutva extremism, Zionist settler violence, and BJP’s hypocritical Taliban engagement amid alleged terror-funding ties. Employing Sāṃkhya’s anyonyapratibimba to reveal power’s projection of its own predation onto the “other,” and balancing economic determinism with religion’s irreducible psychological role in motivating warriors, the piece ultimately reframes terrorism not as pathological or civilizational but as an intrinsic modality of unequal global orders, calling for discriminative clarity (viveka) to dismantle its intertwined logics of capital, technology, ideology, and domination.

Agnihotri’s “The Kashmir Files” and “The Bengal Files” in Violation of the Nāṭyaśāstra: An Open Sanātanī Hindu Indictment

From the heart of Akhaṇḍ Hindutva, a Sanātanī Hindu United Family (HUF) indicts Vivek Agnihotri’s The Kashmir Files and The Bengal Files for brazenly violating Bharata Muni’s sacred Nāṭyaśāstra—turning Hindu grief into voyeuristic gore, rape imagery, and blood-spectacle. What claims to defend Sanātana Dharma abandons rasa, maryādā, and ahiṁsā, replacing ethical restraint with tāmasika exhibitionism and propaganda rage. True Hindutva demands dharma, not degeneration.

The Digital Leviathan: Inside the BJP IT Cell’s Architecture of Consent, Coercion, and Control

In December 2025, India’s digital political landscape is dominated by the Bharatiya Janata Party’s (BJP) highly professionalized IT Cell, currently led by Amit Malviya, which functions as a vast, hierarchical apparatus blending centralized strategy, AI-driven tools, paid operatives, and massive volunteer networks to orchestrate continuous propaganda, narrative control, and disinformation campaigns across platforms like WhatsApp, X, YouTube, and Facebook. Widely criticized for systematically disseminating misinformation, deepfakes, clipped videos, communal hate speech (particularly anti-Muslim), and coordinated trolling that incites offline violence and vigilantism—while rarely retracting debunked claims—the IT Cell is accused of manufacturing consent, suppressing dissent through intimidation and surveillance-linked tools, and diverting public attention from economic precarity, unemployment, and governance failures via spectacle-driven “statue-temple nationalism” and pseudoscientific Hindutva myths. Operating symbiotically with “Godi media” owned by aligned corporates (Adani, Ambani), fueled by opaque funding and asymmetric ad spends, and enabled by regulatory gaps in AI oversight, data protection exemptions, and platform passivity, this “digital Leviathan” erodes epistemic trust, polarizes society, chills free expression, and contributes to democratic backsliding, even as independent fact-checkers (e.g., Alt News), civil society, and media literacy initiatives offer resilient counter-efforts against the routinization of information warfare in India’s platform-mediated public sphere.

Anatomy of Democratic Unmaking: An Open Letter on India’s Transparency, Human Rights, and Accountability Crises

Submitted by activists, whistleblowers, and citizens associated with Once in a Blue Moon Academia (OBMA), this appeal documents a systematic regression in transparency, accountability, civic space, and human-rights protections in India from 2014 to 2025 under successive BJP-led governments. Key manifestations include: declining global rankings on corruption (CPI 96/180 in 2024), press freedom (151/180 in 2025), and rule-of-law indices; erosion of the RTI Act through 2019 amendments, administrative obstruction, and violence against over 100 RTI activists; the impending GANHRI downgrade of the NHRC from “A” to “B” due to executive capture and neglect of systemic violations, exemplified by its handling of the opaque DHFL insolvency harming lakhs of small depositors; electoral-finance opacity via Electoral Bonds and post-2024 anonymous channels; credible allegations of large-scale voter deletions and manipulations (2024–2025); shrinking civic space through UAPA, sedition, PMLA, FCRA, and SLAPP suits; pervasive surveillance (Pegasus, Aadhaar profiling, Sanchar Saathi) with weak data-protection safeguards; and deepening crony-capitalist capture of media, regulators, and public assets. Petitioners urge OHCHR, Amnesty International, HRW, Transparency International, and allied bodies to monitor, investigate, report, provide technical support, protect defenders, and press for urgent reforms to halt India’s slide toward electoral autocracy and restore constitutional guarantees of transparency, accountability, and human rights.

Bhagat Singh Speaks in 2025: A Spectre Haunts the Rulers of India!

This manifesto—framed as Bhagat Singh’s return in 2025—condemns the erosion of democracy, secularism, and socialism in contemporary India. It denounces crony capitalism, authoritarian governance, and the DHFL scam as symbols of systemic exploitation. Calling for reason, scientific temper, and constitutional duty, it urges India’s oppressed citizens to resist through coordinated legal action, peaceful mass mobilization, and digital activism. The message rejects silence, warns against authoritarian decay, and invokes revolutionary solidarity to reclaim justice, dignity, and democratic rights.

Mukesh Ambani and the Reliance Empire: A Chronicle of Controversies

This December 2025 dossier by OBMA chronicles Mukesh Ambani and Reliance Industries as the distilled essence of India’s crony-capitalist oligarchy: a $108-billion empire built not on innovation but on systematic resource plunder (KG-D6 gas “migration” worth billions still sub judice), predatory telecom consolidation (Jio’s zero-pricing massacre followed by tariff hikes and 40%+ market monopoly), regulatory capture via massive BJP electoral-bond funding, environmental devastation masked by greenwashed spectacles like the refinery-adjacent Vantara menagerie, and dynastic consolidation through the Ambani–Piramal marriage alliance, offshore tax havens (Stoke Park’s “charitable” conversion), and the spiritual whitewashing provided by the controversy-shadowed Radhanath Swami. From insider-trading settlements and GST wrist-slaps to the deliberate silencing of critics via Network18 ownership and legal intimidation, every scandal—from Antilia’s disputed Waqf land to Nita Ambani’s conspicuous silence during Vinesh Phogat’s Olympic heartbreak—reveals the same pattern: profit privatized, risk and ecological burden socialized, accountability deferred indefinitely by a captured state and judiciary that moves at lightning speed for the powerful and glacial pace for everyone else. In Modi’s “Viksit Bharat,” Ambani is not an outlier but the archetype: the apex predator of a political economy where billionaires do not merely influence the rules—they write them, enforce them, and, when necessary, transcend them with impunity.

ধরিত্রীনির্ভর যাপনঃ সহজ জীবনের পাঠ ও শান্ত বিপ্লব (Earth-Centric Living: The Lessons of Simple Life and the Quiet Revolution)

Pathik Basu advocates for an “Planet/Earth-Centric Living” philosophy as a crucial response to both contemporary ecological and social crises, emphasizing a shift away from money-centric existence towards interdependence with nature and community. Based on his practical experience farming in small, decentralized units (even as small as 250 sq ft), Basu proposes a living framework where families can achieve self-sufficiency in food, nutrition, and health—producing daily vegetables, fruit, fish, and eggs organically—by treating “one’s waste as another’s nutrition.” This practical application is paired with a social call to action he terms “Tree, Bird, Fifteen,” urging individuals to nurture the environment in their immediate surroundings and strengthen bonds of trust and support with their 10-15 closest kins, thereby cultivating a network of love and mutual aid that forms the foundation of a prosperous, non-violent, and aesthetically grounded society.