-The Indian Express Rajan also raised the issue whether the RBI is taking a lenient view against malpractices in the banking sector and said there’s “a sense that we do not enforce compliance”. Is India a weak state which punishes only the small and weak? RBI Governor Raghuram Rajan who made some plain speaking to his colleagues in the central bank has said “the rich and well-connected wrong-doer” is virtually going scot-free. In...
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Bina Agarwal, Professor of Development Economics and Environment at the University of Manchester in UK, interviewed by Samira Bose
-CaravanMagazine.in Bina Agarwal is a Professor of Development Economics and Environment at the University of Manchester, UK. Prior to this, she was the Director and Professor of Economics at the Institute of Economic Growth, Delhi University. Agarwal has written extensively on land, livelihoods and property rights; environment and development; the political economy of gender; poverty and inequality; legal change; and agriculture and technological transformation. Her best known work is A Field...
More »Trying and testing the car formula -Rukmini S & Samarth Bansal
-The Hindu While the Delhi government’s spirit of experimentation is to be lauded, the right lessons need to be learnt from the odd-even trial. It is now amply clear that no credible data supports the Delhi government’s claim that the odd-even trial has reduced pollution or improved air quality. In fact, the quality of air in the first week of January was worse compared to previous weeks. Data obtained from the National...
More »Widening the net beyond the income norm -Abhishek Jain & Shalu Agrawal
-The Hindu Less than 3 per cent of Indians pay income tax and a significant proportion under-reports taxable income. On December 28, 2015, the Ministry of Petroleum and Natural Gas announced the exclusion of high-income households from the LPG subsidy cover. As per the official press release, subsidy would not be available for domestic LPG consumers, if the consumer or his/her spouse had taxable income of more than Rs. 10 lakh for...
More »Scheduled castes better off than scheduled tribes: Census data
-Business Standard Roughly 20% of ST households own a television, compared with 39% of SC households Scheduled caste (SC) households are materially better off than scheduled tribe (ST) households, according to the latest census data on asset ownership. Data released on Wednesday showed 38.5 per cent of ST households owned none of the eight assets on which information was collected in 2011, while only 22.6 per cent of SC households owned none...
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