A meticulously researched book by A. Vaidyanathan, Agricultural Growth in India: Role of Technology, Incentives and Institutions, is an illuminating scholarly work. Thinking about it one realizes the dismal and declining state of Indian agriculture and the poor governance at both Central and state government levels that has brought it to this sorry pass. A valuable compendium of data and analysis of Indian agriculture since Independence, it is a valuable...
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Cabinet nod sought on NREGS officers by Liz Mathew
In an attempt to prevent the misuse of funds under the National Rural Employment Guarantee Scheme (NREGS), the Planning Commission will seek cabinet approval for appointment of evaluation officers to ensure that the money is not misappropriated. “The Planning Commission has already received favourable comments in this regard from all concerned departments including Ministries of Finance and Panchayati Raj,” said Sudha Pillai, secretary, Planning Commission, while releasing the Associated Chambers...
More »Kaushik Basu interviewed by Manav Chopra
Kaushik Basu, the current Chief Economic Adviser to the Ministry of Finance, had a 15-year-long stint as Professor of Economics at Cornell University. The Padma Bhushan awardee has been working closely with the Finance Ministry and the Prime Minister to chart the country’s future growth path. He spoke to MANAV CHOPRA about the need for better monitoring to ensure growth doesn’t happen at the expense of social justice. Excerpts: A common...
More »“Equity” cannot be inequitable by Surya P Sethi
The right to development is not a right to pollute. As the debate over India's climate change strategy continues, it is necessary to address some misconceptions about climate equity that are evident in recent pronouncements of the Union Minister for Environment and Forests, Jairam Ramesh, and the writings of his most recent adviser, Dr. Arvind Subramanian. A solution to climate change, even an inequitable solution, has to address our planet's energy...
More »India’s Woes Reflected in Bid to Restart Old Plant by Vikas Bajaj
“Wherever there is a lamp, there is darkness below it,” said Bava Bhalekar, a fisherman and local leader in this village roughly a hundred miles south of Mumbai. “The tragedy is that while our village has this project, we ourselves don’t have electricity.” “This project” is the power plant that Enron built. A decade after Enron withdrew from the project, the Indian government and two Indian companies are promising to...
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