Borrowing was both the shaky foundation of global growth and the cause of its collapse. It started with a bust and it ended with an even bigger bust. In between was sandwiched an unsustainable boom. Banks have been humbled. Economists have been found wanting. Geopolitical power began to shift from west to east. That was the noughties that was. It barely seems five minutes ago that policymakers were fretting about the...
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Learning from successes and failures by Amartya Sen
A report card from Pratichi Trust on the primary schooling scene in West Bengal Pratichi Trust (India) was established a decade ago, along with Pratichi Trust (Bangladesh). The latter has been concentrating on the social progress of girls and young women: it has worked particularly on supporting and training young women journalists reporting from rural Bangladesh. In India, the work has mainly focussed on advancing primary education and elementary health care,...
More »Primary Schooling by Amartya Sen
PRIMARY SCHOOLING: I Pratichi Trust (India) was established a decade ago, along with its sister across the border, Pratichi Trust (Bangladesh) [1]. The Bangladesh centre has been concentrating on the social progress of girls and young women there (it has worked particularly on supporting and training young women journalists reporting from rural Bangladesh), whereas here in India, the work of the Trust has been mainly focused on advancing primary education...
More »Fertilising change
Right time for policy reform The government is set to face disappointment on its expectation that the fertiliser subsidy will go down sharply this year due to a softening of international prices of fertilisers. It now appears almost certain that the total payable subsidy in 2009-10 may be around Rs 70,000 crore, against the budgetary provision of under Rs 50,000 crore. Since the government has made it clear that no additional...
More »Rural India poorer than estimated: Tendulkar Panel
It is official now that the poverty in India is much more than earlier estimated. The Suresh Tendulkar Committee report submitted this month (December 09) estimates poverty in India at over 37 per cent (2004-5) and not at 28 per cent as calculated earlier. With recent price rise in food items factored, the current level could be even higher (See the link of the report below). The Government of India had...
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