-Caravan Magazine Arun Kumar is an eminent economist who has been studying the black economy in India for close to four decades. His 1999 book The Black Economy in India is among the foremost accounts of the black-money problem in the country. In Understanding the Black Economy and Black Money in India: An Enquiry into Causes, Consequences and Remedies, released in February 2017, Kumar discusses the misconceptions around black money, the...
More »SEARCH RESULT
Focusing on domestic growth -Krishnamurthy Subramanian
-Livemint.com One of the key trends underlying huge concentration of wealth and incomes is the increasing return to capital versus labour Given the demonetisation undertaken by the government in November 2016, the current budget was presented at a historic moment in the Indian economy. To understand the government’s emphasis on the rural economy, we have to understand a key narrative that must influence economic policies in democratic countries. As several governments in developed...
More »Share of spend in government expenditure, GDP on education falling for 3 years -Subodh Varma
-The Times of India Spending on education as a share of the central government's total budgeted expenditure has been falling for the past three years. Compared to 2013-14, the last year of UPA, when education got 4.57% of the total expenditure, there has been a steady decline — 3.65% in 2016-17, according to this Budget's revised estimate, with the estimated outlay for the coming year showing a minor uptick at 3.71%. Looking...
More »Pregnant Women Entitled to Rs 6,000: Maternity scheme gets Rs 2,700 crore, experts say not enough - Shalini Nair
-The Indian Express The scheme grants Rs 6,000 to pregnant and lactating women who go for institutional delivery and vaccinate their children. The much-talked about maternity benefit entitlement of Rs 6,000 per woman, announced by Prime Minister Narendra Modi on December 31, 2016, has received a meagre allocation of Rs 2,700 crore. This is not even a quarter of the estimate drawn up by civil society groups that have been long demanding...
More »The Tale And Maths Of Universal Basic Income -Jean Dreze
-NDTV The rock-star days are back for Chief Economic Advisor Arvind Subramanian, who had maintained a studied silence ever since India scored an economic self-goal over his head on 8 November 2016. His ambitious Economic Survey, released on Tuesday, includes a much-awaited presentation of the Finance Ministry's thinking on Universal Basic Income (UBI). Contrary to some media reports, the Survey does not advocate a specific plan for UBI in India. Rather,...
More »