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Forget Inflation Targeting -Prem Shankar Jha

-The Indian Express   It has only managed to kill manufacturing and employment growth    In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...

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Rise in rural household electrification: NSSO -Subhayan Chakraborty

-Business Standard A report published by the National Sample Survey Office (NSSO) on Thursday revealed a sharp 24 percentage points drop in the number of rural households using kerosene for lighting, and an equal increase in electrified households since 1999-2000, the date of the last such relevant survey. Titled 'Energy Sources of Indian Households for Cooking and Lighting', the report traces the usage patterns of primary sources of energy in cooking and...

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Tribal alienation in an unequal India -Mihir Shah

-The Hindu Thanks to the caste system, India has always been an unequal society. What is even more worrying is that inequality appears to have deepened in the past two decades The Boston Consulting Group’s 15th annual report, “Winning the Growth Game: Global Wealth 2015”, has received extensive coverage in the Indian media. The report comes on top of the Global Wealth Databook 2014 from Credit Suisse, which provides a much more...

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The Importance of Being 'Rurban': Tracking Changes in a Traditional Setting -Dipankar Gupta

-Economic and Political Weekly A categorical distinction is facing rough weather--that between urban and rural. If we take just agriculture, there is so much of the outside world that comes in not just as external markets but as external inputs. Further, many of our villages barely qualify as rural if we were to take occupation alone. So the earlier line that separated the farmer from the worker in towns is slowly...

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Mr. Modi’s war on welfare -G Sampath

-The Hindu The Modi government is determined to dismantle the two-pronged welfare paradigm. It is now an established fact that one area where the Narendra Modi administration has acted with a sense of purpose, urgency and resolve is in slashing social expenditure. Be it education, health, agriculture, livelihood security, food security, panchayati raj institutions, drinking water or the Scheduled Castes/Scheduled Tribes sub-plan, central government funds earmarked for social protection have been cut. The...

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