-Live Mint The fundamental pathology of Indian policy is the overwhelming preference for subsidies over public goods One useful way to understand a fundamental flaw in policymaking in India since 2004 is to ask a rhetorical question: why is the ruling United Progressive Alliance aggressively pushing for a law guaranteeing the right to food rather than one for the right to clean drinking water? Take a look at the numbers. A February...
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India has a problem with inequality, and it won't be solved easily-Kunal Kumar Kundu
-The Business Standard Why government policy and jobless growth have let inequality worsen in recent times The Forbes list of billionaires features 55 Indians in 2013. The estimated net worth of only the top ten is $102.1 billion or approximately 5.5 per cent of India's gross domestic product. Paradoxically, every third poor person and every second malnourished child in the world is also an Indian. India also adds 7.5 million babies with...
More »Cash transfers are bad for food security-Madhavi Cherian
-The Hindu India's hard won gains in achieving food security are in danger of being undermined by a clause in the National Food Security Bill that encourages States to adopt cash transfers in lieu of food entitlements under the Public Distribution System (PDS). Supporting this view, a recent report by the Commission for Agricultural Costs and Prices (CACP) concluded that the provision of food subsidies in the form of cash would...
More »Saradha chit fund mess: Quick-rich dreams lie crushed -Krishnendu Bandyopadhyay
-The Times of India DAKSHIN BARASAT (South 24-Parganas): Every other house in this part of Bengal has a rags-to-riches-to-rags story. Saradha Group showed them a dream that was unbelievable when it lasted. But then reality struck a hard, bitter blow. Sixty-year-old Dulal Chandra Gharami walked back home tense on Monday afternoon. He was summoned to the Trinamool Congress office at Beliadanga, where he was asked to cough up protection money. For last four...
More »Prof. Reetika Khera, Development economist IIT Delhi interviewed by Sreelatha Menon
-The Business Standard Indian Institute of Technology-Delhi professor and development economist Reetika Khera tells Sreelatha Menon that the food Bill may not be a leap ahead, but it is certainly a step forward * The food Bill is a guarantee for lifelong dependence on government doles. As an economist, can one defend such a policy? The food Bill should be seen as an investment. "Labour" is India's most important asset. In that sense,...
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