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Jean Dreze, development economist, interviewed by Santwana Bhattacharya (The New Indian Express)

-The New Indian Express NEW DELHI: Amid controversial reports of hunger deaths in Jharkhand due to PDS beneficiaries being turned away, economist Jean Dreze says that even official records show that a significant proportion of people are being deprived of food rations every month. In an interview with New Sunday Express, the prime mover behind the NREGA welfare scheme said “this does not mean that Aadhaar is solely responsible for the failures...

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Gujarat model: The gleam of state's high growth numbers hides dark reality of poverty, inequality -Maitreesh Ghatak

-Scroll.in An analysis of data shows that the Gujarat model is a bubble waiting to burst. The Gujarat economy continues to be an enigma. In 2014, many considered the state’s economic performance nothing short of miraculous and credited it to the magic touch of Narendra Modi, then the four-term chief minister of the state. This even led to the coinage of a new term: Modinomics. Three years later, as Gujarat heads...

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Country of a chosen few -TSR Subramanian

-The Indian Express Thomas Piketty points to the widening income disparities that have accompanied economic growth in India, which endanger social stability The paper by Thomas Piketty and Lucas Chancel, ‘Indian Income Inequality 1922-2014 — From British Raj to Billionaire Raj?’, is now in the public domain. Piketty needs no introduction — his Capital in the Twenty-First Century has been one of the most influential books on economics in the past decade....

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Achchhe din's worst day

-The Telegraph The Central Statistics Office reported today that economic growth sank to a three-year low at 5.7 per cent, striking at the core of Prime Minister Narendra Modi's promise of achchhe din. The sharp slowdown is a result of the two biggest disruptive measures taken by the Modi government: demonetisation and the goods and services tax. The double whammy has badly crimped factory output and squeezed the services sector. The GDP growth...

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Will slaughter curbs lead to cattle surplus? Indian academicians have been debating this since 1926 -Himanshu Upadhyaya

-Scroll.in As the Centre looks to modify the rules on cattle trade, it would do well to consult experts about how the changes would affect farmers. With the government’s assurance to the Supreme Court on Tuesday that it would suspend implementation of new regulations on cattle trade, the nation’s cows, bullocks, bulls and buffaloes are back on the front page. The new rules, notified in May, had been greeted by vociferous...

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