-The Times of India MUMBAI: Rock-star French economist Thomas Piketty said it was "very moving" for him to be in Mumbai "after what happened in Paris in the last few weeks". In a wide-ranging conversation moderated by writer Patrick French, Piketty, author of the acclaimed Capital, an exposition on global inequality, and renowned Harvard professor Michael Sandel, whom French introduced as "the public philosopher of the BBC", talked about everything from growing...
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Farmer unions demand an income commission -Sayantan Bera
-Livemint.com With rural distress taking a turn for the worse due to weather woes and lower crop prices, farmer unions write to PM demanding constitution of commission New Delhi: With rural distress taking a turn for the worse due to weather woes and lower crop prices, leading farmer unions from across the country have written a joint letter to Prime Minister Narendra Modi demanding constitution of an income commission that could...
More »Govt eyes post offices, kiranas for pension plans -Sidhartha
-The Times of India NEW DELHI: After the success with opening bank accounts and two insurance schemes, the government is lining up a major push for retirement savings under its financial inclusion programme. The finance ministry has begun talks to rope in 1.5 lakh post offices along with kirana shops and chemists to sell pension plans with an assurance of minimum returns. Sources told TOI that the department of posts, which is...
More »Unintended Consequences Of NREGS -Shailesh Chitnis
-Outlook Recent studies point to two areas where NREGS has had an impact — rural education and Naxalite conflict. "Economics is haunted by more fallacies than any other study known to man." This rather depressing assessment of the field is the opening sentence of Henry Hazlitt's classic primer, Economics in one lesson. In Hazlitt's view, most economists only measure the immediate impact of their policies. A good economist, Hazlitt contended, looks not merely...
More »CIC and state information commissions want a legal filter in RTI act -Nidhi Sharma
-The Economic Times NEW DELHI: The Central Information Commission and the state information commissions want the government to introduce a legal filter in the Right to Information Act to sift out vexatious, flippant and frivolous applications. The National Federation of Information Commissions in India, the apex body headed by the chief of CIC, has recommended that the Centre introduce a filter in the transparency legislation so that the RTI Act cannot...
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