-Tehelka Edited Excerpts From An Interview NOTED ECONOMIST and Columbia University Professor Jagdish Bhagwati’s pro-free trade stance is well-known. A friend of the prime minister and his batch mate from Cambridge University, Professor Bhagwati feels the UPA’s departure from the stagnation of the past few years is a welcome change, and lauds the decision to allow FDI in multi-brand retail. In an interview to TEHELKA Business Editor Shaili Chopra, Bhagwati says more...
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The good, bad and ugly -Narayan Lakshman
-The Hindu There is little doubt that US universities have a long way to go in terms of making women safe on campus In the wake of the high-profile gang rape incident in New Delhi on December 16, media and public comments have significantly centred on anti-woman attitudes in Indian society, particularly among young men. This line of introspection is indeed warranted, for there can be little doubt that these values have fuelled...
More »The Case for Direct Cash Transfers to the Poor-Arvind Subramanian, Devesh Kapur and Partha Mukhopadhyay
The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...
More »Greater expectations, greater burden: Men now live till 63.2 yrs, women reach 67.5 -Kounteya Sinha
-The Times of India An average Indian man's life expectancy (LE) at birth has increased by nearly 15 years in the last 40 years, while an average Indian woman is living over 18 years longer than what she did four decades ago. The world population's life span has gained more than a decade since 1970 - from 56.4 years in 1970 to 67.5 years in 2010 for an average male and from...
More »Climate change deaths up 5-fold since 1970
-The Times of India Even as one in four deaths worldwide in 2010 was caused by heart disease or stroke the top two killers that have remained constant for the past 40 years human mortality caused by climate change has shown the most dangerous spurt over the last four decades. The Global Burden of Disease Study, 2010, published by the British medical journal, The Lancet, on Thursday shows that there has been...
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