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Rewiring the WTO -Biswajit Dhar

-The Hindu Growing disenchantment with the existing model of globalisation is also a historic opportunity to frame new rules granting equal opportunities to all in the global marketplace The visit of Roberto Azevêdo, Director General of the World Trade Organisation (WTO) to India, from February 8, comes at a juncture when the framework of global trade rules is undergoing a shake-up. The Trans-Pacific Partnership (TPP) — which had almost become the standard...

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And children pay the price -Krishna Kumar

-The Indian Express CBSE’s decision to make Class X board exam compulsory upturns a modest reform of school education Once upon a time, when India was a colony, the matriculation exam marked the end of “high” school education. It served as the gateway for higher education at a college. The Latin root of the verb ‘to matriculate’ means getting enlisted in a college. Not everybody could aspire for higher education, but even...

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Kerala braces to battle deadly drought -Dileep V Kumar

-The New Indian Express KOLLAM: With Kerala facing a threat of the worst-ever drought this year, the state government is planning to kick-start a massive anti-drought campaign. The state was declared drought-hit in October 2016. The gravity of drought is such that it’s the worst one to have hit the state in 115 years. As part of it, starting February 1, the chief minister, revenue minister and the chief secretary will become the...

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How the Black Economy Grew in Post-Independence India -Arun Kumar

-Caravan Magazine Arun Kumar is an eminent economist who has been studying the black economy in India for close to four decades. His 1999 book The Black Economy in India is among the foremost accounts of the black-money problem in the country. In Understanding the Black Economy and Black Money in India: An Enquiry into Causes, Consequences and Remedies, released in February 2017, Kumar discusses the misconceptions around black money, the...

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Amartya Sen, Nobel Laureate and economist, speaks to Suvojit Bagchi (The Hindu)

-The Hindu The truth may ultimately prevail about demonetisation, but the government might be able to maintain the loyalty of a large part of the public for a long time, says Amartya Sen More than two months after the demonetisation, Nobel Laureate and economist Amartya Sen says that any proper “economic reasoning could not have sensibly led to such a ham-handed policy.” He predicts that the demonetisation will hit the economy quite...

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