The Centre is exploring the possibility of introducing different petrol prices for two-wheelers and cars in an attempt to combat a perception that it is insensitive to the plight of the common people. Facing a flurry of protests from allies, Opposition parties and consumer groups against the hike in petrol prices last week, senior cabinet ministers are considering whether differential pricing is possible to insulate users of two-wheelers and three-wheelers from...
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India's official poverty line doesn't measure up by Jayati Ghosh
It is time to separate people's real needs from the arbitrary assessments of poverty that have guided Indian governments India's poverty line has always been a matter of huge debate, but it was a discussion mostly confined to economists and policymakers. But the matter has now gone public, following a row about an affidavit from the planning commission to the supreme court of India, in which the official poverty line was...
More »Prof. Reetika Khera interviewed by The Economic Times
Matter begins: What is the impact of the National Rural Employment Guarentee Act on rural wages? That is the question that the pundits are asking today. It's a query which feeds into a larger question. Six years have passed since NREGA became a legal reality. What is its village-level impact? It's a complex question to answer. NREGA undertakes to provide employment to anyone who asks for it. Which makes it...
More »Indian media in a challenging environment by M Hamid Ansari
The Indian media have grown rapidly in scale, reach, influence, and revenues. But all stakeholders must realise that the ethical underpinning of professional journalism in the country has weakened and that the corrosion of public life in our country has impacted journalism. So what needs to be done? We have been witness in recent years to rapid, and unprecedented, changes in our society, economy, and polity. These have also transformed the...
More »Cash Transfers as the Silver Bullet for Poverty Reduction: A Sceptical Note by Jayati Ghosh
The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...
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