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India's non-solutions for reducing inequality-Rajiv Shastri

-The Business Standard   Or, why our subsidy and tax policies have been almost exactly wrong Thomas Piketty's seminal book on inequality, Capital in the Twenty-First Century, comes at a fortuitous time. Although inequality has been a well-discussed issue in India for some time now, the success of the book contributes by sharpening the debate. It complements the McKinsey Global Institute's (MGI) report titled "From poverty to empowerment: India's imperative for jobs, growth,...

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Economist Thomas Piketty, professor at the Paris School of Economics interviewed by Subodh Varma

-The Times of India   Is wealth trickling up instead of down? Yes, says rockstar economist Thomas Piketty whose new book proposing a wealth tax on the super rich has sparked off a firestorm. Excerpts from an exclusive interview... His book Capital in the Twenty-First Century has put the spotlight on Thomas Piketty, transforming the Paris School of Economics professor to global superstar. In these troubled times, he highlights a troubling issue:...

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UPA-2’s costly mistake: failure to curb rising prices-Asit Ranjan Mishra

-Live Mint   A key reason for the surge in anti-incumbency faced by UPA has been its failure to curb inflationary pressures New Delhi: A key reason for the surge in anti-incumbency faced by the Congress-led United Progressive Alliance (UPA) has been its failure to curb inflationary pressures for most of the regime's second tenure. While inflation based on wholesale prices averaged 6.1% during UPA-1 (2004-2009), it was a percentage point higher at 7.1%...

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The rains may just sail the next government’s boat -Sanjoy Narayan

-The Hindustan Times   Once the remaining two phases of India's seemingly never-ending elections are done and dusted and the results are declared, for whoever it might be that wins and gets to form the government, the first thing on the agenda should be to get down on their knees and pray to the rain gods and wish that the monsoon doesn't disappoint this year - that it comes on time and...

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How Suicide and Politics Mix in India -Sonora Jha

-The New York Times   As politicians scramble for India's 815 million votes in the most expensive and closely contested general election in the nation's history, an unexpected protest is rumbling from what was once one of the country's most placid voter blocs: its farmers. The protest is inflamed by rising attention to the shocking suicide rate on India's hardscrabble farms. Since 1995, more than 290,000 farmers have killed themselves. Though that figure,...

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