A week after the Planning Commission submitted to India’s top court an affidavit on its assessment of who the poor are, several leading economists have urged the government to delink food entitlements from what they call “faulty” poverty measures. Last week, in an affidavit to the Supreme Court, India’s apex planning body said the spending threshold per capita for the poverty line was Rs.32 per day (per person) in cities and...
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People prefer PDS over cash transfers
What is government planning to do with the Public Distribution System (PDS)? The answer lies in an old adage: Give a dog bad name and hang him! The common impression is that the PDS is not working because of pilferage and hence it is taken as a foregone conclusion that it needs to be replaced with cash transfer. Two empirical studies conducted recently, one of them by noted economists Jean Dreze...
More »‘Landgrab' overseas by Jayati Ghosh
The global 'farmland grab' in Ethiopia and the rest of Africa has become competitive, with companies from Asia, including India and China, joining it. AN extraordinary new process has been at work in the past few years: the aggressive entry of Indian corporations into the markets for agricultural land in Africa. At one level, this process is simply following the hoary old tradition in global capitalism of firms (often supported...
More »India must be aware of the dangers posed by jobless growth by Jayati Ghosh
Employment data indicates that India's recent growth has been largely jobless, the government must adjust its policies and promote job creation. Every five years, India's statistical system releases the results of a large scale sample survey that generates comprehensive data about consumer expenditure, employment conditions and much else. The results of the most recent survey conducted from July 2009 to June 2010 have just been released, and they have created shock...
More »Latest employment trends from the NSSO by CP Chandrasekhar and Jayati Ghosh
The results of the latest NSSO large survey on employment and unemployment provide crucial evidence on the pattern of inadequate job creation in this phase of high economic growth. This edition of MacroScan provides an initial analysis of the results. No sooner were the results of the 66th Round of the National Sample Survey Organisation (relating to data collected in 2009-10) released, than they became the subject of great controversy. Surprisingly,...
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