-Livemint.com Nobel to Deaton calls for a celebration of not just his own work but also the contributions of a number of Indian economists who have engaged with similar issues The announcement of Angus Deaton winning the Nobel Prize in economics was unexpected but not surprising. His body of work over the years has influenced many of us who have worked on issues of poverty, nutrition and food security. It is...

-Livemint.com/ Bloomberg To join the global middle class, India must do much better Max Roser is at it again. The Oxford professor and master of economic data visualization has a new set of maps and charts showing how global income and inequality have changed during the last couple of centuries. The upshot is that while the world has gotten steadily richer that entire time, something very special and very good has...

-Hindustan Times The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India’s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could be masking a worrisome rise in food prices, leaving consumers to wonder why — even with declining inflation — their household budgets are spinning out of control. After onion, the prices...

-The Hindu An evaluation of the Rashtriya Swasthya Bima Yojana (RSBY) has concluded that the government-financed health insurance scheme had little or no impact on medical impoverishment in India. In fact, the study found that despite high enrolment in RSBY, catastrophic health expenditures (when medical expenses push a family into poverty), hospitalisation expenditure and the percentage of total household outgo on out-of-pocket (OOP) expenses — medicines and other consumables that are not...

-Business Standard Says the actual poverty is much higher than suggested by the multilateral lender, adding there is lack of scientific basis in computing the poverty line The government has contested the World Bank's recently released data that showed only 12.4 per cent of India's population was poor in 2011-12, considering an expenditure cut-off of $1.9 a person a day on purchasing power parity (PPP) terms. It said the actual poverty was...