-Vikalp The contribution of education in economic development has been investigated since the early 1960s, originating in the University of Chicago (Schultz, 1961; Becker, 1964), championed by the Human Capital School - in which expenditure on education is regarded as an investment. It was argued through the endogenous growth theory (Lucas, 1988; Romer, 1990) that spending in education is crucial for increasing labour productivity and accelerating the pace of economic growth....

-The Hindu   More and more parents in big cities are choosing schools that offer an alternative system of education over conventional institutions in the hope that children will grow into well-rounded personalities away from the rat race and uninhibited by the pressure to be in the top percentile For parents of today, finding a "good school" for their children is a quest that requires a lot of thought and effort. But in...

-The Deccan Herald The poverty line continues to be a conundrum. The fixing of the poverty line at Rs 47 for urban areas and Rs. 32 in rural areas per capita per day by the latest Rangarajan committee report, based on a person or family's spending per day (called ‘consumption expenditure') has again drawn vociferous criticism. All these years, this all important line has not been fixed in a rational manner, rendering...

-The Business Standard Start thinking of new development indicators The annual Human Development Report, or HDR, has recorded with depressing regularity India's mediocre performance in seeking to improve the overall well-being of its people. The latest one, for 2014, is no exception. In the last five years (2008-13), India's performance on improving its Human Development Index (HDI) has been poorer than most of its peers in South Asia, and among Brazil, Russia,...

-The Tribune The UPA's flagship programme MGNREGS changed the employment scene for the rural poor. While 100-day job guarantee was a novel step, loopholes and poor implementation rendered it a liability. The Modi govt hopes to gradually reinvent the scheme, if not entirely scrap it. Midway through the Congress-led UPA's second tenure - believed to be largely the courtesy of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) -...