-The Hindustan Times In his Independence Day address, Prime Minister Manmohan Singh said the rupee is down because of the global economic crisis. A look at the events of the last decade reveals otherwise. When the global economy was doing well between 2002 and 2008, the rupee was stable at about Rs. 45 to a dollar. When the global crisis erupted in 2008 and continued until 2012, the rupee held stable...
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Economists on the Wrong Foot: a critique of Jagdish Bhagwati and Amartya Sen-Ashish Kothari and Aseem Shrivastava
-IndiaResists.com The ongoing debate between two stalwart economists, Amartya Sen and Jagdish Bhagwati, must be joined by those who understand contemporary realities and challenges in terms altogether different from those of mainstream economists. In a recent (July 27) article in Times of India, Bhagwati's co-author Arvind Panagariya characterizes the differences between the two in the following terms. Sen favours education and health measures as being the first steps to tackle poverty...
More »The capable state -Gulzar Natarajan
-The Indian Express No magic pill solution or quick fix can make up for basic administrative deficiencies In a review of Jean Drèze and Amartya Sen's latest book in the Financial Times (July 12, 2013), historian Ramachandra Guha questions whether the Indian state is "up to the job of doing more to tackle poverty". Mainstream debates about the persistence of poverty and pervasive failures in public service delivery in India tend to...
More »Addressing deficiencies in public systems- Gulzar Natarajan
-Live Mint The mid-day scheme is underpinned by a rent-seeking chain that keeps all the major stakeholders satisfied The mid-day meal (MDM) tragedy in Chhapra once again focuses attention on the low-level equilibrium that our public systems are trapped in. Consider these facts. Apart from rice, which has to be collected from the local ration shop, the MDM programme allocates each primary and upper-primary child Rs3.11 and Rs4.65, respectively to purchase pulses,...
More »Food, by all means -Deepak Pental
-The Indian Express Why are we reticent about using techno-industrial solutions to reduce malnutrition? The death of several children from consuming a toxic midday meal in Bihar evoked a great sense of outrage. But this outrage will, in all probability, soon die down. Yet, this tragedy, as many reports show, is the tip of the iceberg. Beneath it lies unseen a story of poor service delivery and a lack of commitment. India...
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