-The New Indian Express The authors conclude that the record pace of poverty reduction was due to high growth rate. Only 84 million (8.4 crore) Indians are poor as on 2017 down from 270 million in 2011, claims a new study. It also states that poverty, as per the Tendulkar Poverty line, reduced from 14.9 per cent in 2011 to 7.0 per cent in 2017 -- the fastest pace the country has seen...
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No clean slate -Arvind Virmani
-The Indian Express The forthcoming budget is expected by some to be make-or-break or path-breaking, by others, to provide a legislative or economic roadmap for the rest of this government's term. Most likely, it will focus on issues within the purview of the finance ministry, namely, macro management, taxation, expenditure, the financial sector and balance of payments. The abolition of the Planning Commission and the 14th Finance Commission recommendations on tax devolution...
More »Investing in health through hygiene -Arvind Virmani
-The Hindu An improvement in sanitation and cleanliness will eliminate much of the difference in malnutrition between India and the rest of the world, and across Indian States Historically the greatest advances in longevity and mortality reduction have come not from treatment of individual disease but from public health. This includes modern drainage and sewerage systems (sewage treatment plants), drinking water systems that produce and deliver disease-free water and solid waste disposal...
More »Crony capitalism or plain corruption?-Arvind Virmani
-The Hindu Ideological labels are likely to mislead by channelling the debate into issues of capitalism and socialism and detract from the real problem George Santayana said: "Those who cannot remember the past are condemned to repeat it." Having forgotten the license-permit-quota-raj that enveloped us from 1950 to 1980 and its ‘crony socialism,' many intellectuals, mediapersons and politicians have now discovered ‘crony capitalism.' The license raj consisted of stifling controls imposed on...
More »India is still a hunger hotspot -Arvind Virmani and Charan Singh
-The Hindu Business Line Malnutrition, lack of clean water and prevalence of poor sanitation are the main causes of high child mortality in India. The Global Hunger Index (GHI) was released by the International Food Policy Research Institute (IFPRI) and Welt Hunger Hilfe (WHH) recently. According to the GHI, the world has made some progress in reducing hunger since the early 1990s and the millennium development goal of halving the share of...
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