-The Hindu The former Chief Economic Adviser on India’s current slowdown in economic growth and the mix of policies needed to reignite it In a career spanning more than four decades, economist Kaushik Basu has donned many hats. He was Chief Economic Adviser to the Government of India (2009-2012) and Chief Economist of the World Bank (2012-2016). At present, he is Professor of Economics and the C. Marks Professor of International Studies...
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Forced formalisation is not healthy -C Rammanohar Reddy
-Business Standard The large informal sector is a consequence - not a cause - of the low level of development For decades, one of the central aims of economic policy in India has been to create conditions for workers to move from low- to high-income employment. This has usually implied a shift from the informal sector where productivity is low, to the formal sector where productivity is high. This process of “formalisation”...
More »Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)
-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...
More »Will 'climate smart agriculture' serve the public interest - or the drive for growing profits for private corporations? -Peter Newell, Jennifer Clapp & Zoe W Brent
-TheEcologist.org 'Climate smart agriculture' has become the buzz phrase at high level international policy discussions. But now there is a struggle over its definition. Is it the latest manifestation for corporate social responsibility or the title of a manifesto for real, grassroots led, change, ask PETER NEWELL, JENNIFER CLAPP and ZOE BRENT The race is on to deliver models of agricultural development that are viable and sustainable in a world of...
More »India lags BRIC, Pakistan on inclusiveness: WEF survey -Sidhartha
-The Times of India DAVOS: India was ranked 62nd among 74 emerging economies on World Economic Forum's Inclusive Development Index, a report released on Monday said. Although India was ranked lower than Brazil, Russia, China and even Pakistan, it was among the 10 emerging economies with 'advancing' trend. "The 2018 index measures progress of 103 economies on three individual pillars-growth & development, inclusion & inter-generational equity and sustainability. Of the three pillars,...
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