-The United Nations Millions of people suffering under the yoke of modern slavery - more than half are women and girls primarily in commercial sex trade or domestic work - are generating some $150 billion a year in illegal profits for the people who are exploiting them, according to a new report released today by the United Nations International Labour Organization (ILO). The startling new report, Profits and Poverty: The Economics of Forced...
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MGNREGA claims, and facts -Jeh Tirodkar
-The Indian Express Available data suggests the programme has been effective in reducing rural poverty and gender discrimination Nirmala Sitharaman's misinformation (‘How not to run a programme', IE, May 9) on the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), which employs one in every four Indian rural households every year, is disappointing. Consider these facts. For the first time in over two decades, the increase in rural consumption (a proxy indicator...
More »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:...
More »How data can address food security -Pravin Chandrasekaran
-The Hindu Business Line Given the analytical output, it will become easier for governments to take decisions Global country risks, weather uncertainty, crop failure, lack of hedging instruments, increased capital costs, lack of insurance mechanisms and logistical bottlenecks are just a few of the issues that lead to volatility in prices of agricultural commodities. This volatility, combined with a steady increase in demand for food around the world, has forced us to accept...
More »MGNREGA: A tale of rural revival -Varad Pande and Neelakshi Mann
-Live Mint Rural livelihoods have improved because of MGNREGA. It is wrong to say the scheme has not worked If some recent news articles are to be believed, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), a scheme that costs less than 0.35% of India's gross domestic product (GDP), has crashed the country's economy. The latest to join this bandwagon of criticism is an editorial in Mint. ("MGNREGA: A tale...
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