-Frontline.inJean Dreze is a well-known Indian economist working in the field of "development economics". Born in Belgium, he studied mathematical economics at the University of Essex and completed his PhD from the Indian Statistical Institute (New Delhi) in 1982.He has taught at the London School of Economics and the Delhi School of Economics and is currently visiting professor at Ranchi University as well as honorary professor at the Delhi School...
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No small change this -TV Jayan
-The Hindu Business Line Roy tracks how microfinance, despite its blemishes, has empowered the unbanked in the country For the poor in rural India, till not very long ago, credit meant the unscrupulous mahajans who roamed the villages with wads of cash. Dime a dozen Bollywood movies had depicted the wily moneylender who not just ripped off the hapless creditors, but who was also cruel enough to grab their movable and immovable...
More »No other book can trump the Indian Constitution -Rajeev Bhargava
-The Hindu People of different faiths must find a fit between their own distinctive way of reaching the ultimate and a common, basic framework for living together A Minister of the West Bengal government, Siddiqullah Chowdhury, reportedly remarked recently that for Muslims, “our holy scripture, the Quran Sharif, is supreme and if any constitutional provision... contradicts the Quran, then our scripture will prevail and not the Constitution”. This statement is deeply condemnable...
More »RBI data on Public Sector Banks: In four years, banks' write-off over seven times recovery -Anil Sasi
-The Indian Express Even as the government has been trying to shore up PSB Books through equity capital infusion and other measures, stressed assets have registered a steady rise since 2011. New Delhi: Between April 2014 and April 2018, the country’s 21 State-owned banks ended up writing off Rs 3,16,500 crore of loans even as they recovered Rs 44,900 crore written off on a cumulative basis — or less than one-seventh the...
More »Where's the money coming from? -Arun Kumar (Book review)
-The Indian Express Exploring the role of the black economy in political finance and how it subverts democracy. Book: Costs of Democracy: Political Finance in India Editors: Devesh Kapur & Milan Vaishnav Publisher: Oxford University Press Page: 311 Price: Rs 750 Money in politics is an issue of great concern for the Indian polity. Most believe it undermines democracy in India so that what formally looks like a great democracy turns out to be just...
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