-Live Mint   What explains the mystery of job growth slowing so drastically just when growth spiked up so rapidly? The health of the economy occupied the centrestage of the political battlefield this week, as the ruling United Progressive Alliance (UPA) and the opposition National Democratic Alliance (NDA) engaged in a spirited debate on India's economic performance. A major bone of contention was the slower pace of job growth in the UPA's 10-year...

-Economic and Political Weekly   The long-standing debate on growth and development has been renewed in recent works of Jagdish Bhagwati and Amartya Sen. This paper intervenes in this debate with evidence from Tamil Nadu. Tamil Nadu, which, unlike Kerala, did not have initial advantages over Gujarat, outperforms the latter on nearly every development indicator at the level of indicators as well as in the rate of change. This is despite Gujarat...

-DNA The Indian political class is completely disengaged with the environment because the issue does not get votes. And the poor, who will be the most affected by climate change, are mostly unaware about it, though it is an existential issue for our country. In William Shakespeare's play Julius Caesar, a series of bizarre events happen in Rome before Caesar's assassination, leading a soothsayer to warn him: "Beware the ides of...

-PTI He noted that India's performance in poverty reduction and public welfare schemes is now lower even than that of poor countries Vested interests of individuals and "lobbying" among political parties is acting as impediment in India's quest for poverty reduction, noted economist Jean Dreze has said. The economist said it was "ironical" that during the peak period of the country's development, the corresponding indexes for poverty reduction, nutrition and health status have...

The share of total expenditure on medical and healthcare is comparatively higher for an average rural citizen than his/her urban counterpart, reveals the latest available National Sample Survey Report (68th Round) entitled Level and Pattern of Consumer Expenditure 2011-12.   Although an average urban Indian spends nearly 84 percent higher than his/her rural counterpart in a month, the share of total outlay on medical expense* is higher in case of the...