-Business Standard The large informal sector is a consequence - not a cause - of the low level of development For decades, one of the central aims of economic policy in India has been to create conditions for workers to move from low- to high-income employment. This has usually implied a shift from the informal sector where productivity is low, to the formal sector where productivity is high. This process of “formalisation”...
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Aadhaar is fine to stop some kinds of leakage and corruption. But it is no panacea. -Maitreesh Ghatak
-The Economic Times The art of good governance is through trial and error, figuring out what works where and how, and scaling up from below. Only then can one have a solid foundation. Aadhaar literally means something that holds (dhaaran: to hold). The word is interpreted either as a foundation or base (such as, to a building), or a container (such as, of water), even though given that it is an identity-verifying...
More »Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)
-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...
More »Millet Mission to promote nutrient-rich cereals; Rs. 800-crore outlay on the cards -Vishwanath Kulkarni
-The Hindu Business Line Likely to be announced in Budget; will help tackle malnutrition, support ryots Bengaluru: In the National Year of Millets, the Centre proposes to adopt a mission-mode approach to promote the nutrient-rich cereals, including sorghum, ragi and foxtail millets. Official sources said a Millet Mission is being proposed with an outlay of ?800 crore for the next two years to boost production of these cereals, which are naturally rich with...
More »Wealth Of The Nation -Nisha Agrawal
-The Indian Express At Davos, India needs to outline its vision to make growth inclusive Earlier this month, the external affairs ministry announced that Prime Minister Narendra Modi would lead the “largest ever” Indian contingent to Switzerland during the four-day World Economic Forum 2018 in the Swiss Alps town of Davos on January 23. This made headlines since he is the first Indian PM to be attending Davos in over two...
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