-The Indian Express The way the graph moves tells the story of a public health disaster that has been allowed to happen: over the last 15 years, the fall and rise of the lethal, fine dust that clogs your lungs every day in the nation's capital. After the historic Supreme Court judgement in 1998 forced all public transport vehicles, an estimated 100,000, to switch to cleaner Compressed Natural Gas (CNG), the levels...
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Land acquisition: First, sow the seeds of security among farmers -Abhijit Banerjee
-Hindustan Times Many years ago, Jagdish Bhagwati, a very distinguished economist long before he became one of the patron saints of the NDA, published an important paper on what he called Directly Unproductive Activities or DUP. These bore a close relation to what his friend and well-known South Asia scholar, Anne Krueger, had called rent-seeking activities in some slightly earlier work. Both made the important point that the social cost of...
More »Targeted lending to farmers a must -Gopa Kumaran Nair and Nirupam Mehrotra
-The Financial Express In a column in The Financial Express, ("Time to tweak priority-sector lending", goo.gl/6O8AOL, February 6), the author made a case for "tweaking" priority-sector lending (PSL) norms which largely stipulate that the commercial banks direct credit towards certain vulnerable sectors and target population. Specifically, the article argued for revisiting the sectoral targets and cited a reduction in the share of agriculture sector in GDP as a valid reason...
More »The nuts and bolts of skill development -Kumar Vivek & Radhika Kapoor
-The Hindu For any skill development effort to succeed, markets and industry need to play a large role in determining courses, curriculum and relevance The Union Budget 2015 paved way for the launch of a much-awaited National Skills Mission to complement Prime Minister Narendra Modi's ‘Skill India' and ‘Make in India' exhortations. However, much work needs to be done on the ground for the government to prove that this step is a...
More »'Monsoon likely to be normal'
-Business Standard Assocham-Skymet report, however, says untimely rain likely to reappear in north India in 5-6 weeks India's southwest monsoon, which accounts for almost 80 per cent of the country's total precipitation, is expected to be normal this year, predicts a joint study by the Associated Chambers of Commerce and Industry and private weather forecaster Skymet. However, there would be pockets where the showers are expected to be deficient. These include Himachal Pradesh,...
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