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The map of rural deprivation -Santosh Mehrotra

-The Hindu For millions hit by agricultural distress, the escape to construction jobs is grinding to a halt With the Union Budget to be presented on February 1, it is hoped that the Finance Minister will make a significantly higher allocation for investment in infrastructure. It is vital for addressing rural distress. The Socio Economic and Caste Census (SECC) informed us that ‘landlessness and dependence on manual casual labour for a livelihood...

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Poor social indicators must make Gujarat rethink its growth model

-Down to Earth Shockingly, the state’s infant mortality rate is worse than Jharkhand; it also has the fourth lowest teacher student ratio in the country “Social development indicators have not been able to keep pace with economic development in this state of over 60 million people," UNICEF had observed about Gujarat back in 2013. Four years later, Maitreesh Ghatak of London School of Economics writes about Gujarat’s development model: “When it...

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Gujarat Model's Failure Explains Why the Economy Is a Significant Factor in the Coming Elections -Jayati Ghosh

-TheWire.in The model of development that was presented as a success story relies on patronising and providing incentives to large businesses while simultaneously suppressing wage incomes. By now, almost everyone in the country knows the one thing Prime Minister Narendra Modi and the team around him excel in – the art of public relations and media management. This is the reason that the ‘Gujarat model’ of handling a state’s economy became such...

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Whose development is it anyway? -TK Rajalakshmi and Akshay Deshmane

-Frontline.in The Assembly elections have put under intense scrutiny Narendra Modi’s Gujarat model of development which is touted as worthy of replication throughout the country. Audit reports of the CAG provide ample evidence of it being inefficient, corrupt and not beneficial to the common people. THE standard indicators of development, as is understood in theory and practice, comprise a range of indices, and not necessarily the level of private investment in...

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Higher food prices accelerate retail inflation in October

-The Economic Times Consumer inflation touched a seven-month high in October denting hopes of rate cut when the Reserve Bank of India reviews the monetary policy next month. Retail inflation, as measured by the consumer price index (CPI) rose to 3.58% in October from 3.28% in September, data released by the government showed. “While we expect the RBI’s March 2018 projection to be revised down a notch, but October’s CPI and the likelihood...

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