-The Economic Times The government, reportedly, is creating a new composite development index to rank states that use new, more comprehensive criteria. Since the 12th Finance Commission recommended special grants for backward regions, in addition to special allocation of Plan funds to so-called Special Category states, there has been some enthusiasm among state leaders for accentuating their respective state's backwardness. Bihar chief minister Nitish Kumar has invested a lot of political...

-The Hindu blog The state that pioneered the successful noon-meal scheme may just have cooked up the next big idea. In his latest book, 'An Uncertain Glory - India and its contradictions', economist-philosopher and Nobel laureate Amartya Sen has devoted almost ten pages to sing Tamil Nadu's praise for its efficient delivery of public services. "Tamil Nadu's capacity for innovation and creative thinking in matters of public administration is an important example for...

-The Times of India NEW DELHI: An expert committee under chief economic advisor Raghuram Rajan has identified 10 parameters for a new Composite Development Index, whose adoption by the Centre will change the way thousands of crores are transferred annually and can potentially set the stage for realignment of political forces in Bihar before the 2014 polls. The new index seeks to rate states on the basis of their distance from the...

-The Economic Times Recently, we were witness to a noisy spat between economists Amartya Sen and Jagdish Bhagwati. Some commentators linked this to a Congress-versus-BJP fight over development models. Sen, the advocate of investment in education, health and nutrition as necessary for economic growth, was presumed to speak for the Congress. Bhagwati, the proponent of growthfirst model, was seen to be batting for the BJP. Indeed, Bhagwati has cited Gujarat as...

-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...