-Livemint The development economist on the Modi government's initiatives and his stand on them, and MGNREGS The Narendra Modi-led government should consider replacing inefficient subsidies with a basic monthly income for all citizens, says Pranab Bardhan , emeritus professor of economics at the University of California at Berkeley. Bardhan, who recently sparred with economists Jagdish Bhagwati and Arvind Panagariya in a debate over the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS),...
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Dividend or nightmare -Santosh Mehrotra
-The Indian Express How many jobs must be created to realise our demographic dividend (or avoid a nightmare)? Half of India's population is below 25. The worst-case scenario is that enough jobs are not created for the millions entering the labour force each year, and that this semi-educated mass becomes a force driving social conflict. The reason that East Asian countries (especially China) rode the wave of the demographic dividend and dramatically...
More »Where are the jobs? -Devinder Sharma
-DNA It's a misconception that high economic growth translates into employment A recent report prepared by the consultancy firm PricewaterhouseCoopers for the Confederation of Indian Industry (CII) harps on the usual premise of boosting economic growth as the basis for job creation. Accordingly, it will still take 20 years to remove unemployment even if India grows at an annual growth rate of 9 per cent. This is exactly what we were...
More »Diagnosis in ‘Digital India’ -Divvy K Upadhyay, Dean F Sittig and Hardeep Singh
-The Hindu The government must recognise the role low-cost health IT innovations could play in improving diagnostic accuracy, including many that would be useful for rural India The diagnosis of the first patient with Ebola in the U.S. was initially missed in an emergency room late night on September 25. Thomas Duncan, a Liberian national visiting Dallas, Texas, complained of flu-like symptoms and fever, but after lab work and CT scans, was...
More »Wrong numbers: Attack on NREGA is misleading
-The Times of India Jagdish Bhagwati and Arvind Panagariya, hereafter BP, have argued for phasing out the National Rural Employment Guarantee Act in favour of cash transfers ("Rural Inefficiency Act", ToI, 23 October). It's surprising-and amusing-that two eminent economists have chosen to make a case based on prior beliefs and some sophomoric wordplay ('mis'leading economists), rather than on the available evidence. A survey by one of us of the empirical literature...
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