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Redistribution is not inclusion growth by ARVind Panagriya

Only in India does redistribution, which keeps the poor and marginalised out of the mainstream of the economy, pass for inclusive growth. In much of the rest of the world, inclusive growth would mean giving the poor and marginalised a direct stake in the economy with fast-growing industries and services absorbing them into gainful employment and, thus, making them true participants and partners in the growth process.  But in India, we...

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Hisar Effect cuts other way, two members quit Team Anna citing its political turn

-Express News Service   Two prominent members of Anna Hazare’s India Against Corruption have dissociated themselves from the group in protest against its overt flirtation with politics, as seen during the Lok Sabha bypoll in Hisar.   Magsaysay Award winner Rajendra Singh, who earned fame working on water conservation in villages in Rajasthan, and P V Rajagopal, a tribal and land rights activist, have decided to quit the core committee, the 26-member panel which...

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Rising wages feeding inflation, says Kaushik Basu

-The Economic Times   Chief economic advisor Kaushik Basu has said that part of the blame for the sustained high inflation in India must go to rising wages.  Basu believes that labour cost differences between the developed and labour-surplus countries such as India that have been in existence for a long time have now started narrowing which is feeding into higher prices within the country.  "The reason for inflationary pressures in India is that...

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No excess mining, Goa tells court

-The Hindu   The Goa government on Tuesday filed a reply before the Goa Bench of the Bombay High Court to a Public Interest Litigation petition on illegal mining, claiming that the extraction, which the petitioner questioned, was from dumps and excess mining did not take place. The affidavit was submitted on behalf of Director of Mines and Geology ARVind Loliekar in the course of the hearing on the Goa Foundation's petition, which...

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Team Anna shares a trait with Bhushan’s attackers

-Mail Today   THE attack on Team Anna member Prashant Bhushan by goons owing allegiance to Bhagat Singh Kranti Sena is not just about the threat that fundamentalist forces present to the liberal space in the country. Almost as significant has been the response of other Team Anna members to Mr Bhushan’s stance that the Kashmiri people have a right of self- determination, and a referendum should be held in the state...

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