-Frontline.inJean Dreze is a well-known Indian economist working in the field of "development economics". Born in Belgium, he studied mathematical economics at the University of Essex and completed his PhD from the Indian Statistical Institute (New Delhi) in 1982.He has taught at the London School of Economics and the Delhi School of Economics and is currently visiting professor at Ranchi University as well as honorary professor at the Delhi School...
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Looking for a new version of MGNREGA -Ashwini Kulkarni
-Livemint.com Merely putting the labour component of other projects in MGNREGA may not lead to any value addition There are several studies and reports that clearly show that the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has accomplished its objectives to a large extent. Initially, this government derided the programme as some kind of a dole—but it later acknowledged its role in rural development, if reluctantly. The chief ministers’ council in...
More »Does India's New Series GDP Data Overestimate Manufacturing Output?
-TheWire.in The new series GDP data has been mostly replaced with corporate financial data for estimating manufacturing value-added, resulting in manufacturing assuming a higher share in India’s GDP and growing at a faster rate compared to the older series. New Delhi: Does the new method by which India calculates GDP (gross domestic product) data overestimate manufacturing output? This apprehension has been flagged by a key member of the Reserve Bank of India’s...
More »How the state and the market failed farmers -Sarthak Gaurav
-Livemint.com Farmers continue to be vulnerable to frequent episodes of losses that neither the state nor the markets have been able to mitigate The dramatic long march to Mumbai involving thousands of distressed farmers on 12 March is a remarkable feat of peaceful protest against the state, given its apathy towards farmers’ distress as well as its failures in safeguarding tribal land rights. However, what is surprisingly missing in this poignant narrative...
More »Can Budget 2018 address slowdown in rural economy? -Tadit Kundu
-Livemint.com Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India’s rural economy The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year’s budget. But...
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