-The Hindu Business Line Kirana and tea shops are doing better than businesses that involve discretionary spending The Micro-finance industry (MFI) is cursed and blessed at the same time. When there were indications that the micro-finance sector is overheating, with high growth rates, multiple lending and oppressive loan recovery practices, the withdrawal of specified bank notes (SBN) hit them. There were reports of stress from Uttar Pradesh and it appeared that there...
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Esther Duflo, development economist and a professor at the department of economics at the Massachusetts Institute of Technology (MIT), interviewed by Roshan Kishore and Pramit Bhattacharya (Livemint.com)
-Livemint.com Economist Esther Duflo on demonetisation impact, role of randomized control trials in policymaking, low priority assigned to health and education in India New Delhi: India’s demonetisation of high-value currency notes is a dramatic example of a policy announcement made without any serious thought given to implementation, said Esther Duflo, one of the leading development economists of the world and a professor at the department of economics at the Massachusetts Institute of...
More »The popularity of low-cost canteens shows food security is still a dream for many -Cherian Thomas
-Hindustan Times Low-cost State-sponsored food schemes are mushrooming across India. Inspired by Tamil Nadu’s Amma Canteens – where meals are sold for as little as Rs. 5 - Andhra Pradesh, Odisha, Telangana and Rajasthan have followed suit and started similar canteens in their states. Madhya Pradesh too is planning to launch a similar subsidised food scheme. The growth of such canteens across India underscores several issues related to the Right to...
More »Mapping tribal language newspapers -Ankita Pandey
-TheHoot.org What are the factors that decide whether and where tribal language publications flourish? Some of the answers are surprising. Tribal languages have received insufficient attention in our country. Only a small number of them have managed to register their presence in the world of print media. This article analyses registered tribal language newspapers and examines the conditions that support the growth of tribal languages in print media. Key findings are: *...
More »Time for a policy shift -Bishwanath Goldar & Arup Mitra
-The Hindu The unorganised manufacturing sector should be reoriented towards non-household units to provide efficiency gains. Ever since E.F. Schumacher, a British economist, published in 1973 his book Small is Beautiful, implying that small units are better in terms of performance indicators and labour absorption, several studies have endorsed the same idea and argued in favour of promoting small units. Stretching the argument a little further, it may be emphasised that small...
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