A meticulously researched book by A. Vaidyanathan, Agricultural Growth in India: Role of Technology, Incentives and Institutions, is an illuminating scholarly work. Thinking about it one realizes the dismal and declining state of Indian agriculture and the poor governance at both Central and state government levels that has brought it to this sorry pass. A valuable compendium of data and analysis of Indian agriculture since Independence, it is a valuable...
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Keeping The Poor Alive by Dipankar Gupta
Poverty attracts two kinds of policy interventions. The first hopes to eradicate it and the second wants to keep the poor alive. In India, our prime effort has always been, right from the days of antodaya, to somehow keep the poor ticking, even at the lowest levels of subsistence. The NREGA scheme saves the impoverished from starvation on a six-monthly basis. We see the same mindset at work in the...
More »The Economy of Knowledge by Sukanta Chaudhuri
In our 63rd year of Independence, the Right to Education Act comes into effect on April 1. On the eve of its launch, the Union education minister has balanced our perspective by another resolve. India’s enrolment rate for higher education is around 12 per cent. He would increase this to 30 per cent, in line with the advanced nations. There is only one snag. Unlike in advanced countries, one Indian in...
More »Kaushik Basu interviewed by Manav Chopra
Kaushik Basu, the current Chief Economic Adviser to the Ministry of Finance, had a 15-year-long stint as Professor of Economics at Cornell University. The Padma Bhushan awardee has been working closely with the Finance Ministry and the Prime Minister to chart the country’s future growth path. He spoke to MANAV CHOPRA about the need for better monitoring to ensure growth doesn’t happen at the expense of social justice. Excerpts: A common...
More »RTE Act: Private schools as catalysts? by Dr. A Kumaraswamy and Alok Mathur
The Right of Children to Free and Compulsory Education Act (RTE Act) will be notified on April 1. The Act attempts to address the historical problem of continuing illiteracy as well as the lack of educational opportunities that persist for sections of our population even sixty years after adoption of the Indian constitution. The socio-political, legal and financial aspects of the Act have been much debated and its final form...
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