-Livemint.com The trajectory of wealth concentration in the country, not just the levels of recently estimated inequality, is important A flurry of estimates regarding Indian inequality have captured public interest recently. Whether one believes the wealth inequality numbers presented by Credit Suisse or the distributional income accounts by Lucas Chancel and Thomas Piketty, evidence seems to state that India has high economic disparities. But inequality is to be expected in a developing...
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India prevented 1 mn child deaths since 2005: Lancet
-IANS The study, published in the journal Lancet, found a 3.3 per cent annual decline in mortality rates of neonates (infants less than one month old) and 5.4 per cent for those in the age-group from one month to 59 months. Toronto: India has averted nearly one million deaths of children under five years of age since 2005, owing to a significant decrease in deaths from preventable diseases such as pneumonia, diarrhoea,...
More »Indian economy in a tailspin: What went wrong -Asit Ranjan Mishra and Gireesh Chandra Prasad
-Livemint.com While investment demand was anyway weak when the NDA came to power in 2014, private consumption has also started decelerating due to demonetisation New Delhi: The National Democratic Alliance (NDA) won a landslide in the 2014 general election with the promise of fast-tracking economic growth and creating jobs. It replaced the Congress-led United Progressive Alliance (UPA) government that was mired in corruption scandals and had mismanaged the economy. Three years on,...
More »What can be done to revive India's sluggish economic growth? Here's what five economists prescribe -Mayank Jain
-Scroll.in Hike government spending, pour money into rural areas, cut interest rates, refrain from disruptive moves like demonetisation. India’s economic growth is slowing but can the government bring it back on track? This is what Finance Minister Arun Jaitley reportedly discussed with ministers and officials Tuesday evening. While a concrete plan to address the problem is apparently being developed with Prime Minister Narendra Modi’s blessing, a section of the industry and...
More »Do we really need interlinking of rivers? -Himanshu Thakkar
-Livemint.com The river interlinking project will adversely affect land, forests, biodiversity, rivers and the livelihood of millions of people Interlinking of rivers is a very expensive proposal. It has huge adverse environmental impacts on land, forests, biodiversity, rivers and the livelihood of millions of people. It is a socially disruptive proposition. It will not only add to climate change impact (destruction of forests means destruction of carbon sinks, and reservoirs in tropical...
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