-The Hindu The Hindu decided to find out whether these forecasts have worked in the past. Answer (based on 10 years of forecast data): not very accurately Chennai: Following the India Meteorological Department’s forecast of an ‘above normal’ monsoon of 106 per cent of the Long Period Average (LPA) on Tuesday, The Hindu decided to find out whether these forecasts have worked in the past. Answer (based on 10 years of forecast...

-Livemint.com Intergenerational educational mobility continues to be low in India All of us love stories of the son or daughter of an uneducated daily wage labourer or farmer cracking civil service or Indian Institute of Technology entrance exams. The real question, however, is whether such success stories, constituting inter-generational upward mobility in education, are becoming more common or do they constitute pleasant aberrations? Recent economic research suggests that the latter situation...

-The Indian Express Several questions have been raised about our estimates of the savings from the DBT scheme for cooking gas. But all parties accept that the programme reduced subsidised sales by 24 per cent. Direct cash transfers have the potential to improve the economic lives of the poor by transferring benefits to households quickly and directly. Achieving these benefits requires thoughtful design of schemes, and careful, rigorous analysis of ongoing...

-The Hindu The Longitudinal Ageing Study of India is to follow the health and socio-economic condition of 60,000 Indians over the age of 45 for at least 25 years and report on how growing old affects the country Half of India’s over 1.2 billion population is 25 years or younger, with only about nine per cent over 60 years. Over the next three decades this is expected to balloon to 20 per...

-The Hindu It is only due to the high rates of growth in the services sector that India’s overall economic growth appears robust. The world economy is so hard to predict. In 2008, as the global financial markets plunged into a crisis, high oil prices were considered to be one of the factors that caused it. Today, many fear that the world economy is on the edge of another recession. Guess what...