-The Business Standard Demand for products from the 'poor man's cow' is rising exponentially and should be encouraged. A goat is generally potrayed as a "poor man's cow". But that seems to be an understatement. Compared to cows, goats are more hardy, multi-utility, easy-to-maintain and prolific animals that can efficiently convert low-value vegetation, tree leaves and crop residues into high value meat, milk, hide, manure and fibre, including the much sought-after Pashmina...
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Economists on the Wrong Foot: a critique of Jagdish Bhagwati and Amartya Sen-Ashish Kothari and Aseem Shrivastava
-IndiaResists.com The ongoing debate between two stalwart economists, Amartya Sen and Jagdish Bhagwati, must be joined by those who understand contemporary realities and challenges in terms altogether different from those of mainstream economists. In a recent (July 27) article in Times of India, Bhagwati's co-author Arvind Panagariya characterizes the differences between the two in the following terms. Sen favours education and health measures as being the first steps to tackle poverty...
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...
More »This bill won’t eat your money -Sabina Alkire
-The Hindu The expenditure on providing food security will add minimally to India's public spending which is less than what even lower middle income Asian countries spend on social protection In recent media coverage, critics often argue that the cost of the National Food Security Bill (NFSB) is excessive. The Economic Times referred to the NFSB as a "money guzzling measure" and according to CNBC-TV18, Rahul Bajaj, chair of Bajaj Auto, said...
More »Prof. Amartya Sen, co-author of the book 'An Uncertain Glory: India And Its Contradictions' interviewed by Praveen Dass
-The Times of India Amartya Sen is angry, and clearly getting impatient . Having urged Indian policymakers over decades to do more to combat poverty, hunger and illiteracy , the economist is now taking direct aim at what he feels is our continuing apathy as a nation towards the underprivileged. But in his own way - less the firebrand rhetorician and more the gentle but firm academic don that he is....
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