-DNA It's a misconception that high economic growth translates into employment A recent report prepared by the consultancy firm PricewaterhouseCoopers for the Confederation of Indian Industry (CII) harps on the usual premise of boosting economic growth as the basis for job creation. Accordingly, it will still take 20 years to remove unemployment even if India grows at an annual growth rate of 9 per cent. This is exactly what we were...
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Budgetary cuts: MGNREGA may be the worst hit
-FirstPost.com The MGNREGA rural job programme and other social welfare schemess will take a significant hit due to the 15 percent budget cut that the ministry of finance is believed to have proposed recently, social activists said Saturday. "You (the government) cut fund allocations from social and development programmes and then talk of development. That is so wrong. Such notion is misplaced and insulting," said Jayati Ghosh, a professor of Economics at...
More »Factories or forests? -A Srinivas
-The Hindu Business Line There has to be a reasonable compromise between the two In seeking to industrialise in a hurry, the government is pushing for changes in land acquisition and environment laws that are politically shortsighted and economically flawed. The proposed changes in the Right to Fair Compensation in the Land Acquisition Rehabilitation and Resettlement Act involve diluting the consent clause in the case of PPP projects to 50 per cent...
More »Why axe only MGNREGA? Mr Modi, we need to talk -Abhijit Banerjee
-The Hindustan Times One does not have to agree with his views to be intrigued by the possibilities opened up by Prime Minister Narendra Modi's emergence as communicator/harangue-master in chief. Public conversations about who we are and who we want to be are key to the vitality of our democracy, and leaders can seed those conversations when they speak out their own views. When I hear people in the Delhi metro...
More »Doesn't India Already Have an IPR Policy? -Sunil Mani
-Economic and Political Weekly The National Democratic Alliance government has constituted the IPR Think Tank which, among other things, is to draft the National Intellectual Property Rights Policy. India may not have a policy per se but it has a strong legislation on IPRs, a functioning patents office and mechanisms to grant patents as well as protect consumer interests. The Think Tank has other issues it needs to address, but is...
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