-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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Myth of the great Indian growth -Ashish Kothari
-The Hindustan Times India's fabled growth story has just been exposed by an unlikely source - the World Bank (WB). Unlikely, because this institution is one of those most responsible for advocating economic growth as the pillar of development. In a report released on July 17, the WB states that the cost of environmental damage amounts to 5.7% of India's Gross Domestic Product (GDP). This effectively means (though the report fights shy of...
More »Man who took on sand mafia shot dead
-The Indian Express Noida (Uttar Pradesh): A 40-year-old man, who had allegedly taken on the sand mafia operating in his village, was shot dead at his residence in Raipur village in Sector 126, Noida, on Wednesday. Family members alleged that he was murdered as he had complained against a particular family engaged in illegal sand mining. The family also claimed that the mining was being done in the same area where suspended...
More »This bill won’t eat your money -Sabina Alkire
-The Hindu The expenditure on providing food security will add minimally to India's public spending which is less than what even lower middle income Asian countries spend on social protection In recent media coverage, critics often argue that the cost of the National Food Security Bill (NFSB) is excessive. The Economic Times referred to the NFSB as a "money guzzling measure" and according to CNBC-TV18, Rahul Bajaj, chair of Bajaj Auto, said...
More »Figuring out Gujarat -Bhalchandra Mungekar
-The Indian Express The Gujarat model of development is not what its champions say it is Having realised that the people of India have not exonerated him for the post-Godhra killings of Muslims in 2002 on his watch, Gujarat Chief Minister Narendra Modi systematically tried to build up his image as a "man of development"(vikas purush). The Sangh Parivar called it the "Gujarat model of development" and started propagating it. But what...
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