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When statistics lie -Paranjoy Guha Thakurta

-The Asian Age The much-quoted sentence, "there are three kinds of lies: lies, Damn lies and statistics", was attributed to the 19th century British Prime Minister Benjamin Disraeli by American author Mark Twain. Although researchers could never find such a statement in any written work of Disraeli, the sentence gained universal popularity to signify how economists and other number-crunchers use the "persuasive power" of figures to make a political point or...

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PM launches Mudra bank to ‘fund the unfunded’ small entrepreneurs

-Hindustan Times Prime Minister Narendra Modi on Wednesday launched the Mudra bank which will provide loans of up to Rs 10 lakh to small entrepreneurs including shopkeepers and beauty parlour owners, hoping that it will promote growth and create jobs. Short for Micro Units Development and Refinance Agency Bank, the financial institution will act as a regulator for micro-finance institutions (MFIs). Mudra Bank will have a corpus of Rs 20,000 crore, Modi said...

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Unseasonal rains deepen distress and debt on farms -Sayantan Bera and Nikita Mehta

-Livemint.com The untimely rain is set to further affect stressed rural income because of a slump in commodity prices Mathura/New Delhi: Last Monday, towards the evening, Sahab Singh, a 58-year-old farmer, walked up to his small patch of land in Mathura district of western Uttar Pradesh. Frequent spells of untimely rain over the past month had him worried. Joined by his two sons, Singh picked up two stalks of wheat that had...

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Asbestos: Govt Kow-Tows to Corporate Lobbies -D Raghunandan

-Newsclick.in The government in India continues to kow-tow to corporate lobbies at the cost of the environment and public health including occupational health. While always an integral part of ruling class politics in India, as witnessed in the seemingly never-ending saga of the Bhopal Gas Disaster, this has reached new heights under the BJP government led by PM Narendra Modi which is rapidly dismantling even the already weak environmental regulatory structure....

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A new public policy for a new India -Shiv Visvanathan

-The Hindu What makes public policy exciting and potentially inventive is the contested nature of the public sphere. It is anchored in a diversity of perspectives which challenges the dominance of one subject. India is a country full of paradoxes. The elite in the country are forward-looking; they emphasise the need for reskilling but they conduct all this with backward-looking institutions. An acute observer once said: "we want to be [a] knowledge...

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