-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...
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Monsoon going strong, set to top 100% -Neha Lalchandani
-The Times of India NEW DELHI: At the halfway mark, the monsoon shows no signs of flagging and, on current projections, is set to cross 100% of its long period average, promising to relieve a stressed economy and ease the Manmohan Singh government's political burden. A bountiful monsoon is likely to benefit the kharif crop despite some hiccups in east India and the government is anticipating record rice production with the area...
More »Myth of the great Indian growth -Ashish Kothari
-The Hindustan Times India's fabled growth story has just been exposed by an unlikely source - the World Bank (WB). Unlikely, because this institution is one of those most responsible for advocating Economic Growth as the pillar of development. In a report released on July 17, the WB states that the cost of environmental damage amounts to 5.7% of India's Gross Domestic Product (GDP). This effectively means (though the report fights shy of...
More »Birth of a state: Who prospers, mother or daughter? -Subodh Varma
-The Times of India Almost 57 years after it was carved out by merging Telugu-speaking areas and cutting out Marathi and Kannada speaking areas, Andhra Pradesh is now on the carving board again - the Telangana region will now be partitioned off into a new state, induced by a long-standing agitation, but delivered by the political expediency of the Congress. Whatever be the complex electoral implications of this, the real question is...
More »A misnomer called food security -Charan Singh and Arvind Virmani
-The Indian Express The proposed bill makes false promises. The need is to directly address problems of drinking water availability, sanitation, maternal health and childcare The Food Security Bill (2013, FSB) promulgated recently by an ordinance is expected to be debated in Parliament soon. The intention behind the FSB is noble, to eradicate hunger from the country, but the means adopted need serious reconsideration. FSB, under the targeted public distribution system (TPDS),...
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