-The Business Standard Can Bhagwati-Sen debate bring the same change as Hayek-Keynes duel in the US in 1932 At a time of economic crisis, a distinguished group of economists wrote a letter to a major newspaper, making a case for increased government involvement in the economy. A few days later, an equally distinguished group of economists wrote a letter to the same newspaper, arguing against the first lot. No, this...

-The Hindu Notional poverty line will stand at a per capita expenditure of around Rs. 50 per day in rural areas and Rs. 62 in urban areas While the Opposition pillories the Planning Commission for using a formal definition of poverty that ensures the percentage of people below the poverty line is lower than what it ought to be, the government has begun moving to a broader and more realistic de facto...

-The Business Standard Nobel Prize-winning economist Amartya Sen, who has just written An Uncertain Glory: India and its Contradictions with Jean Dreze, tells Mihir S Sharma that he doesn't understand why his book has received an angry reaction, or why he is being called anti-growth and pro-redistribution. * Is it startling to discover that you are being called a licence Raj socialist? It is very strange indeed. Perhaps some of this reaction is...

-The Economic Times NEW DELHI: The government is giving a fresh push to its flagship rural employment scheme ahead of the general elections, providing additional funds to Uttar Pradesh, Bihar, Jharkhand and Odisha. To begin with, the rural development ministry will pump in 200 crore each year, a senior official told ET, adding that these states have been chosen because half of their population is below poverty line and they have not...

-Economic and Political Weekly The Chhapra tragedy must ask us how we can improve public services, not scrap them altogether. In the aftermath of the ghastly tragedy in Chhapra, Bihar, where 22 children lost their lives after they consumed a government-provided school meal containing organophosphate pesticides, we must demand of the State a far greater commitment to administering large-scale welfare programmes that are meant to improve, not destroy the life of citizens....