-Down to Earth As India elects new government, the 12th Five Year Plan may no longer be pro-poor MUCH hope is pinned on the 12th Five Year Plan that was declared as the first health Plan by Prime Minister Manmohan Singh. The United Progressive Alliance (UPA) government, while drafting the Plan, also termed it "pro-poor" and promised the maximum budget for social welfare schemes. But as the Plan comes into force this...
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Poor public services, India's Achilles heel-Ajay Chhibber
-The Business Standard A seven-point agenda to fix India's public services, and overcome poorly designed systems India's Achilles Heel remains its inability to deliver public services. India's aspiration to be a global economic power will be unrealised if this remains unsolved. Why is this problem so particularly acute? Is it political interference and corruption, poorly designed programmes and weak administration? Or a much deeper cultural problem of aversion to collective action, often...
More »Story of a fraying capitalism-Ashoka Mody and Michael Walton
-The Indian Express India's rentier capitalism is an inset in the big picture drawn by Thomas Piketty French economist Thomas Piketty has written a scholarly tome with the humdrum title, Capital in the 21st Century. The book has become an overnight sensation because Piketty documents an inherent tendency for ever-increasing inequality of income and wealth in capitalist economic systems. It is not an accident, he says, that many will be left behind...
More »Tackling inequality the big challenge for new government-Neha Sethi
-Live Mint Recent Maoist violence highlights the conflicts that centre around the model of India's economic growth New Delhi: The deaths of nine people from violence related directly to the general election-occurring in and around polling booths-are an early warning to the next government that it must start thinking about how to balance economic growth with social justice and equity, experts said. These deaths-mostly in areas hit by Maoist violence-highlight the conflicts that...
More »UPA-2’s costly mistake: failure to curb rising prices-Asit Ranjan Mishra
-Live Mint A key reason for the surge in anti-incumbency faced by UPA has been its failure to curb inflationary pressures New Delhi: A key reason for the surge in anti-incumbency faced by the Congress-led United Progressive Alliance (UPA) has been its failure to curb inflationary pressures for most of the regime's second tenure. While inflation based on wholesale prices averaged 6.1% during UPA-1 (2004-2009), it was a percentage point higher at 7.1%...
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