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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...

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Laws for citizens, and by them too -Ruchi Gupta and Nikhil Dey

-The Indian Express Institutionalising a mandatory process of consultation and dialogue would democratise not just law-making, but the state itself The formal institutions of India's parliamentary democracy have provided little space for citizens' participation in the making of laws. This has not, however, prevented citizens and citizens' groups from making significant attempts to watch, critique and contribute to the process. In fact, in recent years, it is clear that the lack of...

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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...

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Adivasi forum leader remanded in judicial custody

-The Hindu Bhopal: Madhuri Krishnaswamy, leader of Jagrit Adivasi Dalit Sangathan (JADS) which works for Health and labour rights in south-western Madhya Pradesh, was remanded in judicial custody for a fortnight on Thursday. Ms. Krishnaswamy, popularly called Madhuri Ben, and four others were summoned by Judicial Magistrate First Class D.P. Singh Sewach in Barwani in connection with a 2008 case of rioting and assaulting a public servant. The police had filed a closure...

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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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