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The Indian economy's changing growth constraints -Niranjan Rajadhyaksha

-Livemint.com The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints. The first was the savings constraint. A poor country such as India could not save enough of its annual national income to sustain...

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Who Is Accountable for Starvation Deaths?

-Economic and Political Weekly Denial of social security facilities is to blame in cases of alleged starvation deaths. The distressing news of three young girls dying of starvation in the heart of New Delhi last week raises a number of questions; not only on the failure of the state to protect its citizens from hunger 70 years after independence but also on the development model that India seems to be following. Mansi,...

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David Barkin, Professor of Economics at the Metropolitan Autonomous University in Mexico City, interviewed by Kabir Agarwal (TheWire.in)

-TheWire.in Mexican economist David Barkin on India's neoliberal economics, growing inequalities, agrarian distress and more. David Barkin is Professor of Economics at the Metropolitan Autonomous University in Mexico City. He received his doctorate in economics from Yale University and was awarded the National Prize in Political Economics in 1979 for his analysis of inflation in Mexico. His research has focused on the development of an alternative to the capitalist economic model. In an...

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Measuring Economic Development: Data points undergo changes in 4 yrs -Aanchal Magazine

-The Indian Express GDP growth rates for pre-2011-12 years, making it impossible to compare the new growth data with the growth during the UPA years. New Delhi: From a new gross domestic product (GDP) series to a revised Index of Industrial Production and inflation indices, alongside fresh interventions including payroll reporting based on EPFO data, statistical measurement tools to gauge economic development underwent some change over the past four years. In the...

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Tiruppur shows how it's done: on controlling industrial pollution -T Ramakrishnan

-The Hindu The court-ordered clean-up in the textile town has managed to mitigate ill-effects of industrial pollution to a large extent. A similar remediation effort, involving the government and stakeholders, is needed in other parts of Tamil Nadu, where groundwater has been so contaminated that farming is not possible anymore On a sunny June morning, two men are spotted fishing close to the Orathupalayam dam in Erode district. A rather ordinary act in...

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