The economist and political commentator who was appointed to a four-member team of the UN to recommend reforms to the global financial system critiques Budget 2010 Economist and political commentator Prabhat Patnaik, currently vice-chair of the Kerala Planning Board, is a strong critic of the government’s economic policies. In 2008, Patnaik, who has taught at JNU since the 1970s, was appointed to a four-member team of the UN to recommend...

The Kolkata Group is an independent initiative inspired and chaired by Nobel Prize-winning economist Amartya Sen. Once a year, it brings together participants drawn from various fields to explore the many inter-connections between Inequality, deprivation, human development, and democracy. Its special focus has been on examining ways of advancing people’s health and education. The organisations supporting the Kolkata Group are UNICEF India, Professor Sen’s Pratichi Trust, and the Harvard-based Global...

It's a myth that the global financial crisis left India virtually unscathed. In fact, India is the biggest victim of financial crisis-induced poverty, according to data obtained by TOI from the United Nations Department of Economic and Social Affairs' (UNDESA). Check out these figures. The UNDESA data estimates that the number of India's poor was 33.6 million higher in 2009 than would have been the case if the growth rates...

The poverty line that the Tendulkar Committee proposes depends on reduced calorie consumption, and fails to provide for reasonable household expenditures on schooling and health.  For some years, the Government of India has been under pressure to change the norms for calculating the official poverty line. Current norms have resulted in gross and manifest underestimation of the numbers of the poor, and, consequently, in the exclusion of hundreds of millions...

Activists realise it takes a fight to translate democracy from thin paper to thick action In the winter of 1997, advocate Ashok Agarwal filed a petition in the Supreme Court opposing the nearly 400 per cent hike in school fees. This was the year the Fifth Pay Commission recommendations were implemented and the salaries of teachers shot up. Parents trying to cope with the overall price rise were suddenly hit by...