-One World South Asia Policy Analyst Devinder Sharma strongly advocates that the income a farmer earns in India should be de-linked from the price that his crops fetch in the market. New Delhi: Indian agriculture is faced with a terrible agrarian crisis. It is a crisis primarily of sustainability and economic viability. The spate of farmer suicide and the willingness of farmers to quit agriculture if given a choice is a stark...
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Economist Thomas Piketty, professor at the Paris School of Economics interviewed by Pranay Sharma
-Outlook The author of the surprise international bestseller, Capital, in the 21st Century, thinks that abolishing Income Tax is not a good idea Books on economy rarely move beyond the peer group of economists and their academic circle. But those old presumptions are now being put to the test and the rules are being rewritten from the time 42-year old French economist, Thomas Piketty, went viral. The publication of the English edition...
More »Failed politics, winning economics -James Manor
-The Indian Express Contrary to conventional wisdom, the UPA lost despite an inclusive, growing economy. Economists have been busy telling us that the economy decided the election result. We heard it during the campaign and they have been at it again in their post-mortems. They are wrong. Consider some evidence. Most Indians live in rural areas. Elections are won and lost there. So for any government, it makes good electoral sense to look...
More »Inclusive growth, an exaggerated claim -Raghav Gaiha, Manoj K Pandey and Vani S Kulkarni
-The Hindu Business Line Claims that the economic gap in India is being bridged are not borne out by NSS data Recent accounts of poverty reduction - especially during 2004-11- triggered by the release of the 68th round of the NSS data, have been euphoric. Growth acceleration not just resulted in more rapid poverty reduction over this period than during 1993-2004 but it was also more inclusive as the most disadvantaged groups,...
More »India has maximum infant deaths in the world -Kundan Pandey
-Down to Earth Lancet study says 5.5 million infant deaths in the world go unrecorded Every year, more than 750,000 children in India die before completing the first year of their lives. The number is more than that of any other country in the world. A research led by London School of Hygiene & Tropical Medicine states India recorded 779,000 deaths in 2012. It was followed by Nigeria with 276,000 deaths, Pakistan with...
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