-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...
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Richest 1% own 53% of India’s wealth -Manas Chakravarty
-Livemint.com According to Credit Suisse, India’s wealth increased by $2.284 trillion between 2000 and 2015. Of this rise, the richest 1% has hogged 61% The richest 1% of Indians own 53% of the country’s wealth, according to the latest data on global wealth from Credit Suisse. The richest 5% own 68.6% of the country’s wealth, while the top 10% have 76.3%. At the other end of the pyramid, the poorer half...
More »Empower, not weaken the CAG -Gautam Sen
-The Hindu A recent proposal to curtail the powers of the Comptroller and Auditor General of India runs contrary to national and international conventions. Rather, it is the duty of both the executive and the legislature to strengthen this constitutional office A conference of the chairpersons of Public Accounts Committees (PACs) has just been held under the aegis of the Parliament’s PAC. Nishikant Dubey, Member of Parliament (Lok Sabha), member PAC, and...
More »Digital India OK, But Focus on Transparency: Ex-CIC
-Outlook Mumbai/ Guwahati: As Prime Minister Narendra Modi makes a vigorous push for a digitally connected India, former CIC Shailesh Gandhi today said it was the issue of transparency over which he ought to do something first in a time-bound manner to help realise his dream. Gandhi also termed "Digital India" campaign, a pet project of the Modi Government, as "expensive" and "with no real benefits", as he stressed that only with...
More »Centre plans fisheries push -Sanjeeb Mukherjee
-Business Standard Cabinet note soon on Rs 1,800-cr investment over 5 years to boost sector, skills To push fish production, the Centre is formulating a programme to tap water reservoirs and neglected water bodies such as wetlands for breeding through modern technologies. The programme, part of Prime Minister Narendra Modi’s vision of a Blue Revolution, entails Rs 1,800 crore over the next five years, much lower than what was envisaged by a working...
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