-The Telegraph New Delhi: Prime Minister Narendra Modi today constituted an economic advisory council, shedding a three-year policy of relying on loose-knit groups and reviving a formal set-up that had helped Manmohan Singh navigate the global downturn a decade ago. The "course correction" by Modi is being linked to the grim news on the economic front largely in the wake of demonetisation and teething troubles in the implementation of the GST. The council...
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Narendra Modi gets a stellar economic advisory panel but will he listen to it in an election year? -Seetha
-Firstpost.com So, Prime Minister Narendra Modi has got his three wise men and one wise woman to advise him on managing the economy. The Prime Minister’s Economic Advisory Council (PMEAC) has been revived with Bibek Debroy as chairman and Surjit Bhalla, Rathin roy and Ashima Goyal as members. Ratan Watal, a career bureaucrat, will be member secretary. No one can deny that it’s a great team with impeccable credentials, both as economists...
More »NITI Aayog task force may suggest separate poverty indicators for social schemes
-The Hindu Business Line New Delhi: The issue of one poverty number continues to absorb the NITI Aayog, and indications are that its task force on elimination of poverty will suggest having separate indicators for different social schemes such as health and housing. “A debate has been on within the task force on whether there should be one poverty number or separate indicators for different schemes… Discussions are also taking place on...
More »The Public Education System and What the Costs Imply -Kiran Bhatty, Anuradha De, and Rathin roy
-Economic and Political Weekly There are basic methodological and conceptual problems with recent research that ends up arguing that private school education is more effective than public education. Such findings have obvious policy implications but it is critical that research that informs policy is based on a correct reading of facts, keeping the larger vision of education in mind. Recent research into the cost effectiveness of public education vis-à-vis private education concludes...
More »Bharat sinking -Raj Kumar Ray
-The Financial Express In what could be a big question mark on the world's largest jobs scheme. In what could be a big question mark on the world's largest jobs scheme, the number of people who availed the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) fell 8.4% year-on-year in 2013-14, reports Raj Kumar Ray in New Delhi. Also, only a tenth of the people enrolled got the promised 100 days of...
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