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Story of a fraying capitalism-Ashoka Mody and Michael Walton

-The Indian Express   India's rentier capitalism is an inset in the big picture drawn by Thomas Piketty   French economist Thomas Piketty has written a scholarly tome with the humdrum title, Capital in the 21st Century. The book has become an overnight sensation because Piketty documents an inherent tendency for ever-increasing inequality of income and wealth in capitalist economic systems. It is not an accident, he says, that many will be left behind...

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Political recipe for environmental disaster-Avilash Raul

-The Hindu The Polavaram multipurpose project has faced rough weather with non-compliance of environmental assessment and large-scale displacement The Union Cabinet's resolution last week - to clear the proposal for constituting the Polavaram Project Authority (PPA) - has attracted cautious criticism from the Odisha government. With the general election in full swing and Telangana set to come into being, it is obvious that political parties would leave no stone unturned to gain...

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India saw 50,000 maternal deaths in 2013-Nikita Mehta

-Live Mint   India had the highest number of maternal deaths according to the latest UN report   New Delhi: India had the highest number of maternal deaths, accounting for almost a fifth of the global total in 2013, according to the latest UN report.   In 2013, maternal deaths in India stood at 50,000, or 17% of such deaths across the world, the report said. Global maternal mortality has, however, dropped 45% in 2013 compared...

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A grain of sense-Aditya Puri

-The Indian Express How Punjab is making the best use of the flawed public distribution system. Inclusive economic growth is a political, economic and social necessity. The question is: what is the right strategy to ensure this? Most of our programmes to help the underprivileged have suffered from leakages and inefficiencies, so that the benefits have not accrued to the targeted groups but the strain on our fiscal deficit remains. Subsidies are...

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Revamping agriculture and PDS-Ashok Gulati

-Live Mint To alleviate poverty and extend true food security to its people India must bring efficiency to public expenditures In the Indian economy, where almost half of the average household's expenditures goes toward food and half the labour force is engaged in agriculture, one cannot simply wish away the centrality of agriculture just because its contribution to gross domestic product (GDP) hovers around a comparatively low 14%. India's agriculture is responsible...

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