-Live Mint Despite its importance, reform of India's legal institutions has been seen as a ‘second order' issue India is a young nation long ruled by old laws-its police, for example, are governed by such colonial-era statutes as the Police Act of 1861, which predates independence by nearly a century. And its expanding economy requires forward-looking regulatory mechanisms to foster markets while curbing crony capitalism. India is also a nation that must...
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Lotus has bloomed, now it’s the turn of rural job scheme - Jharkhand among bottom three in spending for flagship MGNREGS, finds out new Gopinath Munde ministry -Basant Kumar Mohanty
-The Telegraph New Delhi: Jharkhand's blooming lotus has a not-so-hidden thorny challenge. The state, which has rewarded the BJP and the Narendra Modi government with 12 MPs, has also thrown the new Gopinath Munde-headed rural development minister a MGNREGS zinger. Along with Odisha and Bihar, Jharkhand is at the bottom of the bucket list of states as far as the actual expenditure of funds under the national job guarantee scheme goes. In each of...
More »Economist Thomas Piketty, professor at the Paris School of Economics interviewed by Pranay Sharma
-Outlook The author of the surprise international bestseller, Capital, in the 21st Century, thinks that abolishing Income Tax is not a good idea Books on economy rarely move beyond the peer group of economists and their academic circle. But those old presumptions are now being put to the test and the rules are being rewritten from the time 42-year old French economist, Thomas Piketty, went viral. The publication of the English edition...
More »Inclusive growth, an exaggerated claim -Raghav Gaiha, Manoj K Pandey and Vani S Kulkarni
-The Hindu Business Line Claims that the economic gap in India is being bridged are not borne out by NSS data Recent accounts of poverty reduction - especially during 2004-11- triggered by the release of the 68th round of the NSS data, have been euphoric. Growth acceleration not just resulted in more rapid poverty reduction over this period than during 1993-2004 but it was also more inclusive as the most disadvantaged groups,...
More »A scheme yet to find its healing touch -Aamir Khan & Tabassum Barnagarwala
-The Indian Express Mumbai: It's been eight months since the state government launched ‘Manodhairya Yojana', a scheme to provide monetary relief and rehabilitation for rape and acid attack victims, including women and children. But with little advocacy, lack of counsellors in civic-run hospitals, poor post-trauma support as mandated by the scheme, and most importantly, policy apathy, ‘Manodhairya' risks being a laudable scheme just on paper. AAMIR KHAN and TABASSUM BARNAGARWALA speak...
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