-The Indian Express Rural wages in India have registered an average annual growth of 3.8 per cent in November, the lowest since July 2005, according to Labour Bureau data. The 3.8 per cent year-on-year increase is a significant drop relative to the two-digit growth rates prevailing until June, and the peak 20 per cent-plus levels of 2011 (see graph). "The numbers confirm the findings in our mid-year economic analysis that inflation is...
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Arvind Panagariya at Niti Aayog reveals Modi govt's disdain for public sector -G Pramod Kumar
-FirstPost.com Arvind Panagariya. The man is the message. When the 65 year old planning commission makes way for a putatively leaner NITI Aayog, the expectation is that it will change the era of centralised and top-down planning to a decentralised and participatory process. As expected, apart from the Congress ruled states, the move didn't face any noteworthy resistance. The Tamil Nadu government appeared to even rejoice its demise. However, what even the critics...
More »Improving an unworkable law -Sanjoy Chakravorty
-The Hindu For the land-acquirer, the land act ordinance tries to lessen the indirect price of acquisition and transaction by diluting requirements for social impact assessments and referenda. For the land-loser, it not only retains all forms of compensation and rehabilitation, but also grows the number of those eligible for lucrative pay-offs The government of India continues to search for the right way to do land acquisition. Last week, the Union Finance...
More »Universal healthcare: the affordable dream -Amartya Sen
-The Guardian Universal healthcare is often presented as an idealistic goal that remains out of reach for all but the richest nations. That's not the case, writes Amartya Sen. Look at what has been achieved in Rwanda, Thailand and Bangladesh Twenty-five hundred years ago, the young Gautama Buddha left his princely home, in the foothills of the Himalayas, in a state of agitation and agony. What was he so distressed about?...
More »Inequality is rising, but who cares? -Narendar Pani
-The Hindu Business Line Unlike in the 1970s, the moral outrage over glaring differences has given way to an aspirational ethos For those who have lived in Indian cities long enough, it is difficult to miss the remarkable change in people's tolerance of economic inequality. Back in the 1970s, economic inequality was a major part of the urban discourse. The various dimensions of inequality dominated coffee house discussions, theatre and even popular cinema, contributing...
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