-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...

-The Hindu The expenditure on providing food security will add minimally to India's public spending which is less than what even lower middle income Asian countries spend on social protection In recent media coverage, critics often argue that the cost of the National Food Security Bill (NFSB) is excessive. The Economic Times referred to the NFSB as a "money guzzling measure" and according to CNBC-TV18, Rahul Bajaj, chair of Bajaj Auto, said...

-The Guardian Half of Indians have no toilet. It's one of many gigantic failures that have prompted Nobel prize-winning academic Amartya Sen to write a devastating critique of India's economic boom The roses are blooming at the window in the immaculately kept gardens of Trinity College, Cambridge and Amartya Sen is comfortably ensconced in a cream armchair facing shelves of his neatly catalogued writings. There are plenty of reasons for satisfaction...

-The Economic Times NEW DELHI: Large numbers of poor and vulnerable are exposed to risks and unexpected difficulties like unemployment, ill health, and natural disasters, an Asian Development Bank ( ADB) study says, because of lack of adequate social protection systems in many fast-growing middle-income countries in Asia and the Pacific. The Social Protection Index: Assessing Results for Asia and the Pacific-released on Wednesday gives India a score of 0.051, below most...

-PTI The Finance Ministry has sought financial assistance from World Bank and Asian Development Bank (ADB) for rebuilding of damaged infrastructure in flood- ravaged Uttarakhand. "In view of the emergency situation, both ADB and the World Bank have been requested to fast track the processes of needs assessment, project preparation and approval," the Finance Ministry said in a statement. It said a joint mission of the World Bank and ADB, led...