-Live Mint As a democracy matures, citizens become more willing to trust elected representatives to plan and take steps for the long-term growth and development One common complaint during this election has been that the election commission (EC) has to be consulted before the government and its regulatory agencies take any routine decision. Decisions relating to gas price hikes and bank licences all had to be cleared by the EC, whose over...
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New evidence of suicide epidemic among India’s ‘marginalized’ farmers -Manash Pratim Gohain
-The Times of India NEW DELHI: Latest statistical research finds strong causal links between areas with the most suicides and areas where impoverished farmers are trying to grow crops that suffer from wild price fluctuations due to India's relatively recent shift to free market economics. A new study has found that India's shocking rates of suicide are highest in areas with the most debt-ridden farmers who are clinging to tiny smallholdings...
More »Ashish Bose: The man who coined BIMARU tried to make things simple-Sanjeeb Mukherjee
-The Business Standard Associates say Bose always tried to make complex things simple and understandable Finding out the essence is more important than getting lost in statistical jugglery" is what Ashish Bose, the country's foremost demographer, who passed away on Monday, once told Amitabh Kundu, his friend and professor of economics at Jawaharlal Nehru University. Kundu's description perhaps summarises the personality of Bose, best known for coining the term BIMARU (in a paper...
More »An inclusive growth policy-Amaresh Dubey and Reeve Vanneman
-The Hindu The impressive gain by rural households in spite of the favouritism towards non-primary activities appears real The Indian economy has moved on a high growth path since the mid-1980s. After a blip in growth between 1990-92, liberalisation, initiated for aligning the Indian economy with the world in 1991, not only put the economy back on a higher growth path but also sustained this growth till the 2000s. During the last...
More »India growth story marred by disturbing inequity -Sachin Kumar Jain
-Down to Earth 68th Round of National Sample Survey makes it amply clear that the wave of economic growth has not percolated down from the 0.003 per cent of population of ruling elite (as per Income Tax records, only 42,800 persons have taxable Income more than Rs 1 crore in India). 99.996 per cent population is spending between just Rs 25.90 and Rs 37.36 per capita per day (average MPCE) in...
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