-The Business Standard Nobel Prize-winning economist Amartya Sen, who has just written An Uncertain Glory: India and its Contradictions with Jean Dreze, tells Mihir S Sharma that he doesn't understand why his book has received an angry reaction, or why he is being called anti-growth and pro-redistribution. * Is it startling to discover that you are being called a licence Raj socialist? It is very strange indeed. Perhaps some of this reaction is...
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Steep drop in number of poor gifts UPA talking point, raises eyebrows
-The Telegraph New Delhi: The Manmohan Singh-led UPA government can finally grab an official statistic to burnish its aam aadmi credentials. The percentage of people living below the poverty line has fallen to 21.9 per cent of the population in 2011-12 from 37.2 per cent in 2004-05 - the year that the Congress-led UPA stormed to power. The percentage of people below the poverty line has been estimated at 25.7 per cent in...
More »Bihar’s growth accelerates to a record 14.48%- Kirthi V Rao
-Live Mint Numbers confirm Bihar's structural shift away from agriculture, with sharp increase in share of services sector Bihar has revised its economic growth for 2012-13 to 14.48%, five percentage points higher than what was initially forecast, according to two officials at the state's directorate of statistics. The new numbers confirm the state's structural shift away from agriculture, with a sharp increase in the share of the tertiary or services sector. The data...
More »Gujarat slides in both rural and urban spending, data reveals -Subodh Varma
-The Times of India There's a new trend of chief ministers, particularly those with national ambitions, aggressively peddling their respective 'development models'. Interestingly, CMs from the same party at times indulge in one-upmanship. The question is: How are people in their states actually faring? How does one know whether one 'model' is better than another? One way is to look at how much a person spends on an average every month;...
More »It really is the economy, stupid-Rukmini S
-The Hindu Development, price rise and jobs will be the overriding voter concerns in 2014 Lok Sabha poll Results from a nearly 20,000-strong opinion poll conducted by the Centre for the Study of Developing Societies (CSDS) for CNN-IBN and The Hindu indicate that ‘development and the economy' and ‘price rise' will dominate voter concerns in 2014. Corruption comes in at a distant fifth, just half as important to voters as ‘development and...
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