Eminent economists have shot off a letter to National Advisory Council (NAC) Chairman Sonia Gandhi to ensure that the proposed Food Security Bill is quite comprehensive and excludes only a few rich people. They also want Sonia to get the Bill legislated in such a way it is not based on the current public distribution system (PDS) for all times to come as direct subsidy transfer could also be an...
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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...
More »A Case for Reframing the Cash Transfer Debate in India by Sudha Narayanan
Cash transfers are now suggested by many as a silver bullet for addressing the problems that plague India’s anti-poverty programmes. This article argues instead for evidence-based policy and informed public debate to clarify the place, prospects and problems of cash transfers in India. By drawing on key empirical findings from academic and grey literature across the world an attempt is made to draw attention to three aspects of cash transfers...
More »Maximum Dithering for Minimum Wages!
Even though the Central Government agreed to link the wages paid under MG-NREGA to the Consumer Price Index for Agricultural Labourers (CPIAL), it shied away from paying statutory minimum wages in various states of India. Their logic for this: Lack of clarity on who will bear the extra financial burden—the Centre or the states? A letter from the Prime Minister Manmohan Singh to UPA and NAC Chairperson Sonia Gandhi dated 31...
More »Raj Patel, economist interviewed by Ashish Kumar Sen
Activist and academic Raj Patel’s profile proudly notes that he has worked for the World Bank and the WTO, and protested against them both around the world. A visiting scholar at the University of California at Berkeley’s Centre for African Studies, Patel’s latest offering to the literary world—The Value of Nothing—is a New York Times bestseller. In an interview with Ashish Kumar Sen, Patel says beating the drum of India...
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