-Livemint.com Thankfully, India is enjoying a demographic dividend that gives it greater leeway for deficit-financing The dominant consensus on the slowdown in India is that we have a demand problem. Lack of aggregate demand is a phrase that goes back to John Maynard Keynes. He is a ghost who reappears from time to time, however much one tries to bury him. Regardless of whether you are a Keynes devotee or not, his...
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First time in 30 years, why NAFED faces challenge -Harish Damodaran
-The Indian Express NAFED has been tasked with purchasing all the apples that growers bring to sell at mandis in the Valley. A bumper crop, for which there would hardly be any private buyers with all the current movement restrictions, makes it all the more challenging. The National Agricultural Cooperative Marketing Federation of India (NAFED) has not bought a single kilogram of apples for the last three decades or more. “We did...
More »Development matters, but so does identity -Rajeev Bhargava
-The Hindu Disturbing a federal system that protects the complexity of human identities could pave the way for conflict It is sometimes claimed that once ordinary people benefit from economic development, they automatically set aside issues related to their identity. Such a view was found not only in materialist theories that gave explanatory primacy in human life to economic factors but also among leaders of social and political movements. Nehru, for instance,...
More »Getting the economy to turn around -Ajay Shankar
-The Hindu Business Line Lowering the exchange rate to boost exports, a grant-based stimulus for auto sector and reviving stalled power projects will help The slowdown in the Indian economy is far steeper than what most observers had expected. The government has announced a set of measures for revival. It has also indicated that more are in the pipeline. For this to have become necessary within weeks of the presentation of the...
More »With no alternatives, Delhi clutches at straws -Paras Singh & Jasjeev Gandhiok
-The Times of India NEW DELHI: Make no mistake, our cumulative efforts to curb the menace of single-use plastic are just scratching the surface. And while carrybags have been the focus of much of the current discourse — simply because they are the most visible form of threat — a number of other single-use plastic items have remained under the radar. Among these are cigarette butts (yes! they are plastic), drinking...
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