-Down to Earth Government claims a huge drop in poverty numbers but critical indicators-health, malnutrition and wages-continue to be grim. So how did the poor fare better? After a long, long time there was good news to splash as media led with the report of a record 21.9 per cent drop in poverty levels. The July 24 newspaper headlines were celebratory as they reported the Planning Commission's findings that poverty rates...
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Let’s talk about the growth strategy, stupid -Jayati Ghosh
-Tehelka.com The Sen-Bhagwati ‘debate' on economic policy is focussing on the wrong issues Several things are quite remarkable about the recent debate between Professor Amartya Sen and Professor Jagdish Bhagwati. The first surprise is that such a debate could become a major news item at all, making headlines and filling screen time on news channels, when it is about economic strategies that are normally discussed only in relatively small academic and policy...
More »Understanding the poverty line-Mihir Shah
-The Hindu What it signifies, what it does not tell us and what it will definitely not be used for Great shrillness has marked the current furore over the Planning Commission's latest poverty estimates. No surprise, therefore, that understanding and wisdom have flowed in an inverse proportion. Surprising and sad, however, is the fact that some political leaders have at times spoken in a manner deeply hurtful to the aam aadmi and...
More »A misnomer called food security -Charan Singh and Arvind Virmani
-The Indian Express The proposed bill makes false promises. The need is to directly address problems of drinking water availability, sanitation, maternal health and childcare The Food Security Bill (2013, FSB) promulgated recently by an ordinance is expected to be debated in Parliament soon. The intention behind the FSB is noble, to eradicate hunger from the country, but the means adopted need serious reconsideration. FSB, under the targeted public distribution system (TPDS),...
More »Myth of the great Indian growth -Ashish Kothari
-The Hindustan Times India's fabled growth story has just been exposed by an unlikely source - the World Bank (WB). Unlikely, because this institution is one of those most responsible for advocating economic growth as the pillar of development. In a report released on July 17, the WB states that the cost of environmental damage amounts to 5.7% of India's Gross Domestic Product (GDP). This effectively means (though the report fights shy of...
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