It seems that a long-drawn-out battle among economists about economic growth trickling down into development has found some solid answer. A recent paper published in the Lancet Global Health journal (April, 2014), which has been jointly written by a team of experts based on evidence from 121 Demographic and Health Surveys from 36 low-income and middle-income countries shows that there exists little or no association between increases in per capita...
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The jobs debate-Pramit Bhattacharya
-Live Mint What explains the mystery of job growth slowing so drastically just when growth spiked up so rapidly? The health of the economy occupied the centrestage of the political battlefield this week, as the ruling United Progressive Alliance (UPA) and the opposition National Democratic Alliance (NDA) engaged in a spirited debate on India's economic performance. A major bone of contention was the slower pace of job growth in the UPA's 10-year...
More »Worshipping false gods in India-Harsh Mander
-Live Mint In Gujarat public funds are committed to supporting private investment. This does not benefit the poor Amidst the clamour of India's colourful 2014 general election, a public debate of great import for India's future is underway. Leading political candidates debate which development model is best suited for a country of vast economic potential and embedded historical impoverishment. Most opinion polls rate Narendra Modi as the front-runner in the 2014 general election....
More »An inclusive growth policy-Amaresh Dubey and Reeve Vanneman
-The Hindu The impressive gain by rural households in spite of the favouritism towards non-primary activities appears real The Indian economy has moved on a high growth path since the mid-1980s. After a blip in growth between 1990-92, liberalisation, initiated for aligning the Indian economy with the world in 1991, not only put the economy back on a higher growth path but also sustained this growth till the 2000s. During the last...
More »Gujarat’s growth for growth’s sake -Ashok Kotwal and Arka Roy Chaudhuri
-The Indian Express Data shows that the state is high on growth, low on development. What does this say about the government's priorities? No matter what the political leanings, many people have come to accept the premise that Gujarat has performed a lot better than the rest of India in terms of development over the last decade. People are even talking about the Gujarat model of development as something for the whole...
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