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Why voters punished UPA-Himanshu

-Live Mint   If anything, the UPA has been punished by the voters for moving away from its core agenda of entitlement-based politics The victory of the Bharatiya Janata Party (BJP) in the 2014 elections will remain a watershed moment for Indian democracy in many ways than one. Coming at a time when the economy is in a serious mess, the victory of the BJP and the defeat of the Congress party and...

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Seeds of doubt in Gujarat's agri story-Sanjeeb Mukherjee

-The Business Standard   Different economists have arrived at varying figures to assess the state's agricultural growth. The author tries to understand the rationale behind these conflicting numbers As Narendra Modi, having led the government in Gujarat for 13 years, heads to New Delhi to try and replicate what is called the Gujarat model on a national level, the country's leading agriculture economists are engaged in a fascinating debate over the agriculture growth...

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India's non-solutions for reducing inequality-Rajiv Shastri

-The Business Standard   Or, why our subsidy and tax policies have been almost exactly wrong Thomas Piketty's seminal book on inequality, Capital in the Twenty-First Century, comes at a fortuitous time. Although inequality has been a well-discussed issue in India for some time now, the success of the book contributes by sharpening the debate. It complements the McKinsey Global Institute's (MGI) report titled "From poverty to empowerment: India's imperative for jobs, growth,...

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Reading Piketty in India -Martin Ravallion

-The Indian Express   Human capital inequality is what India needs to be most concerned about right now.   THOMAS PIKETTY's Capital in the Twenty-First Century has attracted a great deal of attention, especially (it seems) where I live, in Washington DC. Some people have said the city has caught a severe case of "Piketty fever". Everyone seems to be talking about the book - clearly many more people than have read its 700...

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How not to run a programme-Nirmala Sitharaman

-The Indian Express   MGNREGA is beset with failures of planning, execution, monitoring and accountability. This election season, we have seen the BJP seeking the people's mandate on the slogan "sab ka saath, sab ka vikas". The Congress harps primarily on a "we gave you" list. The first in this list is the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA). The 11th Five Year Plan recognised that 30 crore people lived below the...

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