-Frontline The problem in rural India is not one of too much credit to poor households that leads to debt waivers that damage bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...

-The Hindu The very process of development and change in India may be generating new forms of social and economic competition that manifest themselves in terms of social bias Popular debate around social biases in India is structured around two competing narratives. One view holds that as an urbanising country with rapid economic growth over the past few decades, the importance of ascriptive identities such as caste and religion is gradually eroding....

-The Guardian Universal healthcare is often presented as an idealistic goal that remains out of reach for all but the richest nations. That's not the case, writes Amartya Sen. Look at what has been achieved in Rwanda, Thailand and Bangladesh Twenty-five hundred years ago, the young Gautama Buddha left his princely home, in the foothills of the Himalayas, in a state of agitation and agony. What was he so distressed about?...

-The Indian Express Rural wages in India have registered an average annual growth of 3.8 per cent in November, the lowest since July 2005, according to Labour Bureau data. The 3.8 per cent year-on-year increase is a significant drop relative to the two-digit Growth Rates prevailing until June, and the peak 20 per cent-plus levels of 2011 (see graph). "The numbers confirm the findings in our mid-year economic analysis that inflation is...

-The Hindu Business Line Unlike in the 1970s, the moral outrage over glaring differences has given way to an aspirational ethos For those who have lived in Indian cities long enough, it is difficult to miss the remarkable change in people's tolerance of economic inequality. Back in the 1970s, economic inequality was a major part of the urban discourse. The various dimensions of inequality dominated coffee house discussions, theatre and even popular cinema, contributing...