-Live Mint Electoral reforms are not the forte of law ministers. But they can avoid damaging a battered system The resignation of Ashwani Kumar as law minister has brought cheer to a group of people who do not have much to do, at least directly, with the coal block allocation controversy. These are people working on electoral reforms. This is because ever since becoming law minister, Kumar had been consistent in his...
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Poverty has increased during period of economic growth, says economist
-The Hindu Chennai: India's economic boom in the first decade of the 21st Century coincided with an increase in the magnitude of poverty, economist Prabhat Patnaik said here on Saturday. "There has been a period of positive growth as far as the GDP is concerned. But during this period , there has been an increase in magnitude of absolute poverty," he said. "While the Planning Commission insists that proportion of population below...
More »How GDP understates economic growth-Bill Gates
-The Guardian GDP may be an inaccurate indicator in sub-Saharan Africa, which is a concern for those who want to use statistics to help the world's poorest people Even in good financial times, development aid budgets are hardly overflowing. Government leaders and donors must make hard decisions about where to focus their limited resources. How do you decide which countries should get low-cost loans or cheaper vaccines, and which can afford to...
More »Public Deprived System -Jitendra
-Down to Earth The country's 76 million poor have been denied the right to claim subsidised foodgrain under public distribution system The government has denied 76 million people in the country eligible to access public distribution system (PDS) the benefits of the food security system. For the past 20 years, the government has not cared to refresh its data and has been distributing foodgrain according to the population figure of 1991. Worse, the...
More »Arvind Panagariya, a professor of Indian economics at Columbia University interviewed by Ullekh NP
-The Economic Times Arvind Panagariya, a professor of Indian economics at Columbia University, hits out at Nobel laureate and Harvard University professor Amartya Sen over his call to confront MPs with the "number of deaths" a delayed Food Security Bill can cause. The former chief economist at the Asian Development Bank counters Sen's argument that it is high social spending that has contributed to the economic growth of Asian economies such...
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