-The Hindustan Times Even with the prospects of a year of high growth and low prices, a clutch of disquieting data on the ground suggests that things are still tough, potentially testing the Narendra Modi-led government's ability to pull the economy up. Output in factories has fallen sharply and a depressing farm season this winter, along with a fall in rural wages, could prolong recovery. Simply put, the drag this time...
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Being middle class in India -Devesh Kapur and Milan Vaishnav
-The Hindu Are differences within the middle class, in income, education, and cultural and social capital, so wide as to render moot any ideological or behavioural coherence to this group? The rapid growth of the Indian economy over the past three decades has led to a substantial expansion of India's "middle class". This has triggered a robust debate over who in India actually belongs to the "middle class," its size, composition, and...
More »Modi U-turn for the better: Changing NREGA would have been a mistake -Rajesh Pandathil
-FirstPost.com Not all U-turns are bad. Some are good, like the one by the NDA government on the MNREGA, also called NREGA . For the uninitiated, the new NDA government had about three months back proposed to make changes to the pro-poor scheme launched by the erstwhile United Progressive Alliance. According to media reports that cited a circular, the proposal was to amend the NREG Act by restricting the area of work...
More »Call for discrimination shield for Muslims -Imran Ahmed Siddiqui
-The Telegraph New Delhi: A government panel that evaluated Muslims' post-Sachar socio-economic conditions has suggested an anti-discrimination law, targeted mainly at employers, to combat the growing disparity between the community and the rest of the country. The committee, headed by Jawaharlal Nehru University professor Amitabh Kundu, has failed to detect any "sea change on the ground" despite several welfare plans being launched for the community after Sachar's late-2006 report. Like Sachar, the Kundu...
More »Cash transfers can work better than subsidies -Guy Standing
-The Hindu Providing people with a modest basic income instead of subsidies would save public revenue With oil prices falling, it was perhaps a good time to fade out fuel subsidies. All subsidies are inefficient and distortionary, and most are regressive. The same could be said of costly public works schemes as well. By contrast, the debate on direct benefit transfers has moved into a more sensible phase, with the posturing criticism of...
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