-The Hindu Are differences within the middle class, in income, education, and cultural and social capital, so wide as to render moot any ideological or behavioural coherence to this group? The rapid growth of the Indian economy over the past three decades has led to a substantial expansion of India's "middle class". This has triggered a robust debate over who in India actually belongs to the "middle class," its size, composition, and...
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Strengthening India’s rule of law-Devesh Kapur and Milan Vaishnav
-Live Mint Despite its importance, reform of India's legal institutions has been seen as a ‘second order' issue India is a young nation long ruled by old laws-its police, for example, are governed by such colonial-era statutes as the Police Act of 1861, which predates independence by nearly a century. And its expanding economy requires forward-looking regulatory mechanisms to foster markets while curbing crony capitalism. India is also a nation that must...
More »Fixing India’s healthcare system-AK Shiva Kumar
-Live Mint Strong political commitment is needed to build a system of universal health coverage and better regulations Life expectancy in India has more than doubled since independence, to 65 years, from just 32 in 1950. The infant mortality rate has been cut by two-thirds since 1971. Smallpox and guinea worm have been eradicated, the spread of HIV/AIDS has been contained, and the World Health Organization has declared India polio-free. Yet for all...
More »Revamping agriculture and PDS-Ashok Gulati
-Live Mint To alleviate poverty and extend true food security to its people India must bring efficiency to public expenditures In the Indian economy, where almost half of the average household's expenditures goes toward food and half the labour force is engaged in agriculture, one cannot simply wish away the centrality of agriculture just because its contribution to gross domestic product (GDP) hovers around a comparatively low 14%. India's agriculture is responsible...
More »Cereal offenders -Ila Patnaik
-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...
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