-Live Mint FDI in retail and modernization of agriculture are two faces of the same coin In the season of elections animal spirits rule. India's equity markets have been ebullient for some time now. Spurred by a robust inflow of foreign investment capital, markets have reacted favourably. A lot now depends on the ability of the next government to enact meaningful structural reforms, especially in a sector such as agriculture that requires...
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Farmer suicides, crop failure plague Vidarbha -Kunal Purohit
-The Hindustan Times Maharashtra: Vidarbha is an unforgiving place, parched, dry and restive. It is a place of waiting - for the rains, for dams, for a harvest that may never come. Lately, there's been a storm brewing in these 11 arid districts "All of Maharashtra is getting richer, but here in Vidarbha, everything is standing still," says Sachin Gawande, 30, a graduate and farmer from Risod town in Akola. "Ours remains...
More »‘Development is intrinsic to a secular project’-Garimella Subramaniam
-The Hindu If some communities have been denied the benefits of development on grounds of religion, this development is anti-secular, argues Rajeev Bhargava, political theorist Arch rivals the Congress and the Bharatiya Janata Party continue to trade accusations against each other of playing the communal card in the campaign to the general elections. These are classic instances of the confusion over what secularism is in India. Restoring clarity on the conceptual aspects...
More »The strange case for India's macroeconomic exceptionalism-Shankar Sharma & Devina Mehra
-The Business Standard The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...
More »The Gujarat muddle -Jean Drèze
-The Hindu Why does Gujarat have indifferent social indicators, in spite of having enjoyed runaway economic growth and relatively high standards of governance? Gujarat's development achievements are moderate, largely predate Narendra Modi, and have as much to do with public action as with economic growth. As the nation heads for the polling booths in the numbing hot winds of April, objective facts and rational enquiry are taking a holiday and the public relations...
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