The idea behind the MP Local Area Development (MPLAD) Scheme is that since our MPs are people’s representatives and are supposedly interacting with the masses on a regular basis, they are best placed to know what the people want. Thus, if an MP has funds at his/her disposal, s/he would be able to utilise it without having to go through the exercise that usually delays disbursal of funds and implementing...

The concepts of multiplier and accelerator borrowed from macroeconomic theory illuminate the enormous potential of NREGA and help set standards that it must be judged by.  Over the last few months, just as the economy entered its current recessionary phase, the mainstream media, which till then had been uniformly unswerving in their antipathy to NREGA (National Rural Employment Guarantee Act), suddenly began to sing its praises. In all the gloom...

KEY TRENDS   • In 2018, India's Human Development Index (HDI) ranking was 129th (HDI value 0.647) among 189 countries and UN recognized territories, while China's ranking was 85th (HDI value 0.758), Sri Lanka's 71st (HDI value 0.780), Bhutan's 134th (HDI value 0.617), Bangladesh's 135th (HDI value 0.614) and Pakistan's 152th (HDI value 0.560) *8    • In 2017, India's Human Development Index (HDI) ranking was 130th (HDI value 0.640) among 189 countries, while China's ranking was 86th (HDI...