-The Indian Express Here, the MGNREGA and ration card are the people's lifelines. Himmatnagar is on the border of Gujarat and Rajasthan. Large numbers of Chelliah Muslims settled in its urban areas after the 2002 riots. There are some uplifting stories about the indomitable human spirit in their rehabilitation. But my story is about a place to the northeast of Himmatnagar, as you cross Radhanpur into Rajasthan. This is jungle territory and...
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Winnowing fact from rhetoric: A look at what figures tell of UPA's regime-Maitreesh Ghatak
-The Economic Times There is a narrative that the UPA's rule at the Centre led to an economic disaster, especially in the second term. In contrast, Gujarat has prospered, thanks to Narendra Modi's good governance. We have several problems with this. First, through UPA's first term and about halfway into its second, many economic indicators critics like to harp on were much better than those during the NDA days. This is true...
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 »A raw deal for migrants-Jayati Ghosh
-Frontline Significant part of economic migration is still the result of desperation rather than hard-headed economic calculation. This, in turn, affects the conditions under which workers migrate and their lives and work as well. PERHAPS the most poignant moment in the film Peepli Live-even though the movie is really more about the media than about the socio-economic realities of India-is at the very end, when the hapless protagonist, now a former farmer...
More »Crony capitalism or plain corruption?-Arvind Virmani
-The Hindu Ideological labels are likely to mislead by channelling the debate into issues of capitalism and socialism and detract from the real problem George Santayana said: "Those who cannot remember the past are condemned to repeat it." Having forgotten the license-permit-quota-raj that enveloped us from 1950 to 1980 and its ‘crony socialism,' many intellectuals, mediapersons and politicians have now discovered ‘crony capitalism.' The license raj consisted of stifling controls imposed on...
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