-IndiaResists.com The ongoing debate between two stalwart economists, Amartya Sen and Jagdish Bhagwati, must be joined by those who understand contemporary realities and challenges in terms altogether different from those of mainstream economists. In a recent (July 27) article in Times of India, Bhagwati's co-author Arvind Panagariya characterizes the differences between the two in the following terms. Sen favours education and health measures as being the first steps to tackle poverty...
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Myth of the great Indian growth -Ashish Kothari
-The Hindustan Times India's fabled growth story has just been exposed by an unlikely source - the World Bank (WB). Unlikely, because this institution is one of those most responsible for advocating economic growth as the pillar of development. In a report released on July 17, the WB states that the cost of environmental damage amounts to 5.7% of India's Gross Domestic Product (GDP). This effectively means (though the report fights shy of...
More »Bigger the criminal charge, fatter the politician's wallet: Study -Himanshi Dhawan
-The Times of India NEW DELHI: Money and muscle power not only help to win elections but also help in making politics a rather profitable affair. An analysis by the Association for Democratic Reforms (ADR) for the last decade shows that 62,847 candidates had average assets of Rs 1.37 crore. But candidates who won elections had average assets of Rs 3.83 crore. What's more interesting is that the Wealth of legislators who...
More »Study tracks how crime can translate into poll success
-The Indian Express An analysis of affidavits submitted by candidates in parliamentary and assembly elections since 2004 shows that a higher proportion of those with a criminal record were elected than from among those without such a record. The study found that only 12 per cent of those with a clean record won, which it described as their chances of winning, as against 23 per cent of those who a serious...
More »This bill won’t eat your money -Sabina Alkire
-The Hindu The expenditure on providing food security will add minimally to India's public spending which is less than what even lower middle income Asian countries spend on social protection In recent media coverage, critics often argue that the cost of the National Food Security Bill (NFSB) is excessive. The Economic Times referred to the NFSB as a "money guzzling measure" and according to CNBC-TV18, Rahul Bajaj, chair of Bajaj Auto, said...
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