-The Indian Express Contrary to conventional wisdom, the UPA lost despite an inclusive, growing economy. Economists have been busy telling us that the economy decided the election result. We heard it during the campaign and they have been at it again in their post-mortems. They are wrong. Consider some evidence. Most Indians live in rural areas. Elections are won and lost there. So for any government, it makes good electoral sense to look...
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Seeds of doubt in Gujarat's agri story-Sanjeeb Mukherjee
-The Business Standard Different economists have arrived at varying figures to assess the state's agricultural growth. The author tries to understand the rationale behind these conflicting numbers As Narendra Modi, having led the government in Gujarat for 13 years, heads to New Delhi to try and replicate what is called the Gujarat model on a national level, the country's leading agriculture economists are engaged in a fascinating debate over the agriculture growth...
More »Why blame the farmer for price rise? -Shanu Athiparambath
-DNA Farming is considered a patriotic enterprise, and nearly half of India's labour force is engaged in agriculture and allied activities. Almost everyone believes that in the election season, political parties should pledge to aid this patriotic endeavor to feed the nation. But, farming is a risky profession, and agricultural products form only 14% of India's total produce. After the economic reforms, the growth in agricultural GDP has averaged only 3.4%. Even...
More »The political economy cycle in India-Pramit Bhattacharya
-Live Mint As a democracy matures, citizens become more willing to trust elected representatives to plan and take steps for the long-term growth and development One common complaint during this election has been that the election commission (EC) has to be consulted before the government and its regulatory agencies take any routine decision. Decisions relating to gas price hikes and bank licences all had to be cleared by the EC, whose over...
More »The jobs debate-Pramit Bhattacharya
-Live Mint What explains the mystery of job growth slowing so drastically just when growth spiked up so rapidly? The health of the economy occupied the centrestage of the political battlefield this week, as the ruling United Progressive Alliance (UPA) and the opposition National Democratic Alliance (NDA) engaged in a spirited debate on India's economic performance. A major bone of contention was the slower pace of job growth in the UPA's 10-year...
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