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On the mythology of social policy -Jean Drèze

-The Hindu   India is among the world champions of social underspending. Without enlightened social policies, growth mania is unlikely to deliver more under the new government than it did under the previous one Few people today remember the letter written on August 7, 2013 by Mr. Narendra Modi, then Chief Minister of Gujarat, to Prime Minister Manmohan Singh. In this letter, available on the Bharatiya Janata Party (BJP) website, Mr. Modi criticised...

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India’s Informal Economy: 400 Million Strong, Little Or No Access To Workplace Benefits -Angelo Young

-International Business Times   Consider this: There are 400 million Indians with no access to workplace benefits, such as social security, health insurance or unemployment insurance, a number higher than the population of the United States and Canada combined, according to a Delhi-based group of economic researchers. So, as the United States grapples with growing income inequality, it takes a country like India to put some of those economic and working realities into...

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Trouble in the hills -Bhoomika Joshi

-The Hindu   On the first anniversary of the Uttarakhand disaster, here's a look at issues plaguing the fledgling state. On June 16, it will be a year since Uttarakhand experienced its worst natural disaster. It was also a year of loss, of grief, of recovery and of resilience. While those affected continue to cope and rise, we need to look beyond the disaster in order to unravel the contradictions and challenges that...

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Economist Thomas Piketty, professor at the Paris School of Economics interviewed by Pranay Sharma

-Outlook   The author of the surprise international bestseller, Capital, in the 21st Century, thinks that abolishing Income Tax is not a good idea Books on economy rarely move beyond the peer group of economists and their academic circle. But those old presumptions are now being put to the test and the rules are being rewritten from the time 42-year old French economist, Thomas Piketty, went viral. The publication of the English edition...

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Delhi hospitals freed of poor -Jyotsna Singh

-Down to Earth   Delhi High Court exempts four private hospitals from treating the poor for free. Experts fear other hospitals will follow Many a poor patient has benefitted from the Supreme Court's 2011 order which mandates that all private hospitals which received land at a lower price from the government have to treat a certain number of people from the economically weaker sections (EWS) for free. Take the case of four-year-old Shagun, born...

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