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Unintended Consequences Of NREGS -Shailesh Chitnis

-Outlook Recent studies point to two areas where NREGS has had an impact — rural education and Naxalite conflict. "Economics is haunted by more fallacies than any other study known to man."  This rather depressing assessment of the field is the opening sentence of Henry Hazlitt's classic primer, Economics in one lesson. In Hazlitt's view, most economists only measure the immediate impact of their policies. A good economist, Hazlitt contended, looks not merely...

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Hand-Washing and Public Health -Lekha D Bhat, Kesavan Rajasekharan Nayar, Hisham Moosan, Sanjeev Nair, and Muhammed Shaffi

-Economic and Political Weekly The importance of hand-washing in personal and public hygiene has evolved over the centuries. While the market with its countless number of soaps and hand-wash products for personal hygiene with the accompanying advertising has created a false sense of security, it is community hygiene implemented through public health measures that is really effective in the battle against disease. Lekha D Bhat (lekhabhatd@gmail.com) teaches at the Department of Social...

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Keeping a finger on the pulse economy -Yoginder K Alagh

-The Tribune To ensure stable prices of pulses and attractive returns for producers, policies of domestic prices and tariffs should blend. Import duties must be calibrated with demand. As the Indian economy grows at a rate of 7 per cent plus, assuming low growth as an aberration, the food basket will diversify. Within grains, the movement will be to pulses as shown by the  expert group on pulse production. The yield and...

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Making a dent in world poverty depends on India -Noah Smith

-Livemint.com/ Bloomberg To join the global middle class, India must do much better Max Roser is at it again. The Oxford professor and master of economic data visualization has a new set of maps and charts showing how global income and inequality have changed during the last couple of centuries. The upshot is that while the world has gotten steadily richer that entire time, something very special and very good has...

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The pulse of pulses -Renu Kohli

-Livemint.com Though pulsations may eventually ease, it is time to think of long-term cures Pulses have been throbbing hard and loud in India for sometime now. And not only because of prices, but also the pace in which it accelerated to 30% annually last month, three times the rate of increase six months ago. Besides angry television anchors and electoral evocations, hoarding, raids and truck thefts have set hearts thumping too....

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