-The Diplomat Climate change is stressing an already struggling farm sector, but there is a way forward. Over the last decade, India's official position in global climate negotiations has been one of opposition to agricultural mitigation. At Doha (COP18), India joined other developing countries in demanding that any talk about agriculture must be in the realm of adaptation, not mitigation. India considers the farm sector out of bounds with respect to emissions...
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Economist Thomas Piketty, professor at the Paris School of Economics interviewed by Pranay Sharma
-Outlook The author of the surprise international bestseller, Capital, in the 21st Century, thinks that abolishing Income Tax is not a good idea Books on economy rarely move beyond the peer group of economists and their academic circle. But those old presumptions are now being put to the test and the rules are being rewritten from the time 42-year old French economist, Thomas Piketty, went viral. The publication of the English edition...
More »Inclusive growth, an exaggerated claim -Raghav Gaiha, Manoj K Pandey and Vani S Kulkarni
-The Hindu Business Line Claims that the economic gap in India is being bridged are not borne out by NSS data Recent accounts of Poverty reduction - especially during 2004-11- triggered by the release of the 68th round of the NSS data, have been euphoric. Growth acceleration not just resulted in more rapid Poverty reduction over this period than during 1993-2004 but it was also more inclusive as the most disadvantaged groups,...
More »India's non-solutions for reducing inequality-Rajiv Shastri
-The Business Standard Or, why our subsidy and tax policies have been almost exactly wrong Thomas Piketty's seminal book on inequality, Capital in the Twenty-First Century, comes at a fortuitous time. Although inequality has been a well-discussed issue in India for some time now, the success of the book contributes by sharpening the debate. It complements the McKinsey Global Institute's (MGI) report titled "From poverty to empowerment: India's imperative for jobs, growth,...
More »How not to run a programme-Nirmala Sitharaman
-The Indian Express MGNREGA is beset with failures of planning, execution, monitoring and accountability. This election season, we have seen the BJP seeking the people's mandate on the slogan "sab ka saath, sab ka vikas". The Congress harps primarily on a "we gave you" list. The first in this list is the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA). The 11th Five Year Plan recognised that 30 crore people lived below the...
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