-The Indian Express There is evidence to suggest that with a few modifications, MGNREGA can dent poverty. There are few government programmes that excite as much passion as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). For advocates, it is a lifeline for the rural poor. For critics, it is a programme that distorts labour markets and does far more harm than good. In this partisan quicksand, it is hard to...
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They don’t go to the field -Harish Damodaran
-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...
More »The skewed pulses story -Suman Sahai
-Asian Age Many years ago, when I was doing my Ph.D. in genetics at the Indian Agricultural Research Institute, Delhi, I did my research on mung and urad daal, unlike most of my compatriots who did their research either on the major cereals like wheat, rice and maize, or on vegetables. Pulses was a neglected field of research then, as it is now. It was a crop of the marginal areas...
More »China’s reversal of one-child policy will have economic implications
-Hindustan Times In the 1970s Deng Xiaoping explained that China’s one-child policy was being introduced to ensure “the fruits of economic growth are not devoured by population growth”. Last week, Chinese leader Xi Jinping’s rationale for officially abandoning the policy was the reverse: To ensure economic growth is not wrecked by population decrease. But it is probably too late to change China’s demographic future. China’s population has begun to age — and age...
More »Poverty is falling fast in India, but we still measure it terribly -Rukmini S
-The Hindu Business Line Earlier this month, the World Bank decided to raise its global poverty line from $1.25 per day (in Purchasing Power Parity or PPP terms) to $1.90. A monumental change in global poverty took place earlier this month, but don’t be surprised if the world doesn’t look very different to you. Earlier this month, the World Bank decided to raise its global poverty line from $1.25 per day (in Purchasing...
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