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Think different on infrastructure

-The Hindu When the going gets tough, public investment must be stepped up to pump-prime a slow-moving economy facing uncertain headwinds of low commodity prices and faltering international trade. When the going is good, the private sector would also have a role to play, Finance Minister Arun Jaitley has said, vowing to ramp up infrastructure investments in 2016-17. Ten months ago, in his first Budget for a full financial year, Mr....

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We need more state accountability -Osama Manzar

-Livemint.com Accountability Yatra aims to cover all 33 districts of Rajasthan in 100 days, and to mobilize people join in and put pressure on the state government to bring in an accountability law Santosh Devi and Raju Devi of Raniwara in Jalore district of Rajasthan are from the Bhil tribal community. They are widows of the same man and live with their grandchild. Earnings are meagre here—every time the postman brought pension...

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Structural Change in Bihar's Rural Economy: Findings from a Longitudinal Study -Alakh N Sharma & Gerry Rodgers

-Economic and Political Weekly Bihar has been showing signs of emerging from stagnation and backwardness. For this to occur in full, an agrarian transformation is central in a state where urbanisation remains very low. This paper uses longitudinal household data from a sample of villages to explore changes in production relations, land and other assets, agricultural development and occupational diversification. There has been a significant change in class structure and a...

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Arvind Subramanian, Chief economic advisor, speaks to Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana

-Business Standard Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy with Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana. Edited excerpts: * In the mid-year economic analysis, you talked of revisiting the fiscal numbers for 2016-17. Is it a view of the chief economic advisor (CEA) or that of the government? I see my role as a member of the government. I...

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Free run for the rent-seekers -Biswajit Dhar

-The Hindu With the U.S. showing a preference for plurilateral agreements over WTO multilateralism, developing nations must defend the global trading system against transnational corporations The 10th Ministerial Conference of the World Trade Organisation (WTO), which also marked the completion of two decades of functioning of the most recent of the multilateral institutions, ended with an agreement among trade ministers of the member countries that may have pushed the organisation to the...

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