-Live Mint The absence of genuine competition at mandis and numerous transaction charges are distorting onion prices The joke doing the rounds today is that the spike in onion prices has been a great equalizer, bringing parity between the price of a bottle of beer and a kilo of onion. The humble vegetable has also found pride of place as a gift item to customers at a tyre shop in Jamshedpur,...
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Why promotion is better than protection-Martin Ravallion
-The Indian Express To reduce poverty, India needs to concentrate on promoting healthcare and education of the poor It is sometimes argued that a country such as India, aiming to eliminate absolute poverty, should only be concerned about economic growth, and not worry about inequality. Is that right? Yes, growth is (typically) good for the poor but it is no less true that inequality is (typically) bad for the poor. There is little...
More »The goat and the GDP -Surinder Sud
-The Business Standard Demand for products from the 'poor man's cow' is rising exponentially and should be encouraged. A goat is generally potrayed as a "poor man's cow". But that seems to be an understatement. Compared to cows, goats are more hardy, multi-utility, easy-to-maintain and prolific animals that can efficiently convert low-value vegetation, tree leaves and crop residues into high value meat, milk, hide, manure and fibre, including the much sought-after Pashmina...
More »Gujarat: Sifting fact from fiction -Yoginder K Alagh
-Live Mint Gujarat has grown faster than the national average—a point worth noting. But there’s no need for drumbeats Gujarat's economic performance has been facing great scrutiny ever since chief minister Narendra Modi emerged as one of the top prime ministerial candidates of the Bharatiya Janata Party (BJP). I have been asked to compare Gujarat's economic performance during the past decade with that in the past and separate fact from fiction...
More »Economists on the Wrong Foot: a critique of Jagdish Bhagwati and Amartya Sen-Ashish Kothari and Aseem Shrivastava
-IndiaResists.com The ongoing debate between two stalwart economists, Amartya Sen and Jagdish Bhagwati, must be joined by those who understand contemporary realities and challenges in terms altogether different from those of mainstream economists. In a recent (July 27) article in Times of India, Bhagwati's co-author Arvind Panagariya characterizes the differences between the two in the following terms. Sen favours education and health measures as being the first steps to tackle poverty...
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