I first met Paul Samuelson in 1962, as a student at MIT. A decade later, I had the pleasure of co-authoring with him a paper on the Theory of Index Numbers (American Economic Review, 1974) and another in the Royal Economic Society’s Economic Journal (1984). I last met him a couple of years back, on a sidewalk in Belmont, Massachussets. He was driving down the street and stopped upon seeing...
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Gender Violence continues unabated in India
A moving report titled Gender Violence in India by Prajnya, a civil society organization, says that violence against women is on the rise in India. Close to 13.3% of total crimes against women are reported from just one state, Andhra Pradesh. (See the link below) The report, which uses the statistics of the National Crime Records Bureau (NCRB), tells us that honour killings are often reported as torture or caste...
More »FIRs in firing line as cops strive to keep crime rate low by Mohit Sharma
To register a formal complaint with the police about snatched or stolen articles is often as tough as getting the item recovered. That’s an old axiom held by a good majority of Delhiites. And statistics go a long way into formalising it as a theory. Here’s from the police’s own record books: out of approximately 14,000 calls received by the Police Control Room (PCR) for “snatchings” this year, till November...
More »Himalayas melting faster than the global average
The melting of Himalayan glaciers has been a bone of contention between international environmentalists and the Government of India. The government believes that some perceptions of the international environmentalists are alarmist. Now a new global report has sought to set aside that controversy by measuring the rate at which the Himalayan glaciers are melting. (The report enclosed below) The Himalayan glaciers are melting faster than the global average and the rate...
More »NREGA will now be MGREGA by Gargi Parsai
The Rajya Sabha on Thursday approved re-naming the National Rural Employment Guarantee Act (NREGA) as the Mahatma Gandhi National Rural Employment Guarantee Act (MGREGA), but not before the Government was criticised for corruption in the implementation of the scheme launched in 2005. Responding to clarifications, Union Minister for Rural Development C.P. Joshi announced that there would be a “different wage index” under the scheme, one that may not necessarily be...
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