MANMOHAN SINGH AND ECONOMICS Sanjaya Baru’s article "The economist as saviour", an account of Prime Minister Manmohan Singh’s economics could have juxtaposed specific issues of economic policy with Dr. Singh’s stance on them. Sanjaya Baru’s article “The economist as saviour” (editorial page, The Hindu, July 4, 2012), an account of Prime Minister Manmohan Singh’s economics could have juxtaposed specific issues of economic policy with Dr. Singh’s stance on them. What we...

-The Times of India India's official unemployment rate was 3.8% for the last year and higher for urban than rural areas according to statistics released by the Labour Bureau on Tuesday. Goa, Kerala Bihar and West Bengal were among the states with high unemployment while Gujarat, Chhattisgarh, Rajasthan and Punjab were among the states with low unemployment. The 'Second Annual Employment and Unemployment Survey 2011-12', conducted by the Union Ministry of Labour...

The NAC lies defanged; the markets leap for joy at Manmohan’s & Co’s charge of a ‘new’ economy How swiftly things change. Just a month ago, the great Indian growth story was being written off. Now, the “new economy”, run by the PM-cum-FM, will sift through the rubble of under-seven per cent growth, find the hidden springs of recovery and throw in some reforms for good measure. A top taxman says...

With the threat of a failed monsoon and an impending drought, the need for public works and for greater numbers of workers will arise in many states, says National Advisory Council member Aruna Roy Despite all its seminal achievements, the Mahatma Gandhi National Rural Employment Gurantee Act is at the receiving end of the most controversial critiques any government programme has received so far. We could perhaps invert this to say...

-The Business Standard   MGNREGA review should be based on more research Both acclaim and accusations have been hurled at the UPA’s landmark scheme, the Mahatma Gandhi National Rural Employment Guarantee programme, or MGNREGA. Usually, the reasons for the criticism or praise are less-than-completely supported. For example, it has been both praised and condemned for providing local wage employment to the jobless, thus curbing outmigration; similarly, it is claimed that the scheme has...