-IndiaResists.com The ongoing debate between two stalwart economists, Amartya Sen and Jagdish Bhagwati, must be joined by those who understand contemporary realities and challenges in terms altogether different from those of mainstream economists. In a recent (July 27) article in Times of India, Bhagwati's co-author Arvind Panagariya characterizes the differences between the two in the following terms. Sen favours education and health measures as being the first steps to tackle poverty...
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Prof. Amartya Sen, co-author of the book 'An Uncertain Glory: India And Its Contradictions' interviewed by Praveen Dass
-The Times of India Amartya Sen is angry, and clearly getting impatient . Having urged Indian policymakers over decades to do more to combat poverty, hunger and illiteracy , the economist is now taking direct aim at what he feels is our continuing apathy as a nation towards the underprivileged. But in his own way - less the firebrand rhetorician and more the gentle but firm academic don that he is....
More »What Amartya Sen doesn't see -Arvind Panagariya
-The Times of India The ongoing 'Bhagwati versus Sen' debate has generated more heat than light, necessitating correction. As an equal co-author of India's Tryst with Destiny, which defines the Bhagwati position, my stake in the debate is second to none. Two extreme characterisations of the positions of the two sides have emerged. The first has it that the differences between them are minimal with each side expressing the same ideas in...
More »Walmart's investment in Cedar violates FEMA, RBI rules: CBI -Rasul Bailay
-The Economic Times NEW DELHI: The Central Bureau of Investigation (CBI) has said Walmart's $100-million investment in Cedar Support Services, the holding company of Bharti Retail, in 2010, violated India's foreign exchange rules as well as Reserve Bank of India (RBI) guidelines but said as these violations did not fall within its purview, it cannot investigate the matter. "The case was analysed which reveals violations of RBI guidelines and Fema regulations," the...
More »The Moral Obligation of India's Media -Manu Joseph
-The New York Times NEW DELHI - The philosophical owner of India's most profitable newspaper used to tell his senior editors that his publication was like a temple. The objective of a temple, he said, was to use the entertainment of rituals and the frivolity of festivals to lead people into the sanctum sanctorum, where more serious matter resided. The outer sections of his newspaper - the dramatic news, the sports...
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