-The Business Standard Say waiver will vitiate the loan recovery environment Bankers have requested the Union finance ministry to convince the Andhra Pradesh government to drop its proposed farm loan waiver scheme, at a time when a rise in loans turning bad is eroding the profitability of lenders, especially state-run ones. Telugu Desam Party chief Chandrababu Naidu, who is to take the oath of office as chief minister of Andhra Pradesh on Monday,...
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UPA-2 and Welfare Schemes-cp chandrasekhar and Jayati Ghosh
-Macroscan.com Contrary to the argument that UPA-2 wasted too much money on "populist" schemes, it actually neglected and spent less on these important welfare initiatives than UPA-1. Please click here to access the entire article. This article was originally published in Business Line on May 26, 2014. ...
More »Urbanization and Spatial Patterns of Internal Migration in India -S Chandrasekhar and Ajay Sharma
-Indira Gandhi Institute of Development Research (IGIDR) With an urbanization level of 31.16 percent in 2011, India is the least urbanized country among the top 10 economies of the world. In addition, unlike other countries, the transition of workforce out of agriculture is incomplete. This coupled with jobless growth in recent years has contributed to an increase in certain migration streams. While rural-rural migration continues to be the largest in terms...
More »Missing the evidence-Sourindra Ghosh and Atul Sood
-The Indian Express The Gujarat model, if there is one, is not shining. Surjit Bhalla, in recent articles (‘Gujarat's inclusive growth', IE, April 12, ‘Gujarat's other calling card', IE, April 19 and ‘Just name-calling', IE, April 26), has been making a case for Narendra Modi's prime ministerial candidacy by praising the Gujarat development model. It is surprising because, just a year ago, he critiqued Gujarat's growth model for being "neither equitable nor...
More »Revival of Rural Public Distribution System Expansion and Outreach -Andaleeb Rahman
-Economic and Political Weekly This paper quantifies the improvements in the public distribution system in rural India after 2004-05 using data from three rounds of surveys conducted by the National Sample Survey. It finds that Tamil Nadu and Himachal Pradesh continue to be the leading performers, but early movers such as Odisha saw improvements in the functioning of the PDS between 2004-05 and 2009-10. In late movers such as Bihar and...
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