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Posture-nomics -Yoginder K Alagh

-The Indian Express   Debate on the Gujarat model is more about stated positions, less about reality. Having done economic modelling all my life, as a student at the University of Pennsylvania, which boasted of the Wharton model and Lawrence Klein, and later, in the days when planning still mattered, while heading the modelling division of the Planning Commission, I find it bewildering that Gujarat's substantial real achievements and equally real problems are...

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Why India has woken up to the importance of toilets -Sumit Mishra

-Live Mint   Building toilets holds the key to reducing India's malnutrition burden Commenting on the Indian elections in his satire show, British humorist John Oliver remarked, "(Narendra) Modi has managed to inspire people with his populist platform including a pledge to put a toilet in every home. That's a bold move, coming out as pro-toilet." Oliver's wisecrack may have deliberately exaggerated Narendra Modi's pitch on toilets but the focus on sanitation has been...

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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...

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Friction over drug patents

-The Hindu Differences over intellectual property rights (IPRs) have emerged as a strong undercurrent in India's economic relations with the U.S. The attempt by the influential pharmaceutical lobby to stymie India's efforts to ensure the supply of medicines at affordable rates without violating existing treaty commitments, requires a principled response from New Delhi. At the core of the issue is what Columbia University Professor arvind panagariya calls "the hijacking of...

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India must call the US' bluff on patents-arvind panagariya

-The Business Standard The recent US-India friction over trade is being driven by Big Pharma Apart from the deterioration of the business environment generally, which impacts both domestic and foreign investors, retrospective taxation has figured most prominently in the media as the principal cause of growing scepticism among foreign investors. Entirely missing from the discourse has been an equally potent factor with wholly foreign origins: the hijacking of the economic policy...

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