-The Economist Government borrowing generates inflation, widens the external deficit and crowds out much-needed investment. Can India now overcome its debt addiction? INDIA has grappled with its public finances for long enough. When presenting its first budget after independence in 1947, the finance minister of the day insisted that the country was not living beyond its means. Yet every budget since has failed to produce a surplus. India borrows more heavily...
More »SEARCH RESULT
The kids aren’t really all right -Puja Marwaha
-The Hindustan Times Children represent not only India’s future, but are also integral to securing India’s present. Yet, development indicators continue to show slow progress towards securing their welfare and delivering their basic rights. The very survival of over a million newborns in the country every year continues to be at risk. Prospects for girls in particular are getting grimmer, with successive Census figures revealing a declining sex ratio. About 44%...
More »Mirage of development -Lyla Bavadam
-Frontline Social development indicators in Gujarat are poor, proving that development in the State is lopsided On a hot day last November near Rajkot, Ramjibhai Patel, an octogenarian farmer, pointed to the middle distance and said, “See that lake?” There was indeed a shimmer in the dry landscape indicating water, but after a relatively poor monsoon, it seemed improbable. Chuckling, he said, “Yes, I see doubt on your face and you are...
More »Expand your roles to fight inequality, Amartya Sen urges unions
-The Hindu “Unions should press for things like public health, nutrition, in addition to [addressing] issue of secularity” Nobel laureate Amartya Sen on Saturday exhorted trade unions to expand their role to address injustice in general, covering aspects like inequalities in income, healthcare, education and nutrition. Speaking at the 90 anniversary celebration of the Reserve Bank Employees Association, he said unions could take their role further as their identity cut across religious sects,...
More »Food bill needs to be strengthened: Amartya Sen
-Pratirodh.com Speaking to an enthralled audience of 1,500 students and faculty at IIT (Delhi) , Nobel laureate Amartya Sen said that the idea of the National Food Security Bill was “a matter of appreciation and support”, and that the tabling of the Bill in Parliament was in itself a big achievement. However, he also drew attention to various shortcomings of the Bill and argued for it to be strengthened, particularly in...
More »