-The Times of India Improvement in human development measures has slowed down in the past few years, according to the 2014 Human Development Report (HDR) released on 24 July in Tokyo. The human development index (HDI), a measure derived from life expectancy, education levels and incomes, barely grew from 0.700 in 2012 to 0.702 in 2013. Even that small improvement could be at risk of getting reversed given the bleak picture of...
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India ranks 135 in Human Development Index: UN report
-PTI India is the lowest performing country among the BRICS nations in all categories of the HDI with the exception of life expectancy, which is lower in South Africa as a result of the HIV/AIDS epidemic In a sign that shows India has a lot of catching up to do, the country's ranking in the Human Development Index (HDI) remained unchanged at 135 in 2013, reflecting little improvement in the living standard...
More »India needs more than Narendra Modi's trickle-down model -Maitreesh Ghatak
-The Guardian India's PM points to Gujarat as an emblem of economic success. But despite impressive growth, the state lags behind on welfare Narendra Modi has just unveiled his first budget after winning a massive electoral victory on a development platform. The budget presented last week has disappointed those who were expecting stronger signals about a pro-market shift in economic policy, as well as in the stock market. However, the budget has...
More »Poverty ratio declines to 21.9 per cent
-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 presented by the Finance Minister Shri Arun Jaitely has asked policy makers to design and execute development strategies targeting the young population that was approximately 58 per cent in 2001 and will increase to more than 64 per cent in 2021. The Government has to take timely action to make people healthy, educated and adequately skilled. Social-sector expenditure Expenditure on social services...
More »The Gujarat middle-Jean Drèze
-The Hindu If Gujarat is a model, then the real toppers in development indicators, like Kerala and Tamil Nadu, must be supermodels In an earlier article published on this page ("The Gujarat Muddle," April 11, 2014), I pointed out that Gujarat's development achievements were hardly "model" class. This is pretty firm ground: the same point has been made by a long list of eminent economists. Yet confusion persists, so I decided to...
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