The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...
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How Much Poor Is Poor: Even Beggars Are Not Poor Enough! by Shahidur Rashid Talukdar
How much poor is poor enough? If you ask this question to the Planning Commission of India, you might be highly disappointed at the response. Many of India 's poor die out of hunger and because they don't have acceptable housing. Some of India 's poor even live in makeshift homes on train station platforms, an example of the 78 million Indians who lack proper housing facilities. Still, according to...
More »Make food subsidy self-selecting by Subir Roy
The management of food and poverty in India is getting increasingly unreal. On the one hand, the country has a bumper harvest with every likelihood of the grain mountain to be procured adding to the existing mountain of official stocks. Without adequate storage space, a not-so-insignificant part of it will rot and go to waste. On the other hand, the government will not allow wheat exports until it is clear...
More »Leave It To The Market by Dilip Modi
Land acquisitions in India are invariably marked by violent protests. Is politics responsible for stirring up passions? Is it loss of a means of livelihood that landowners resent? Or is there a fundamental problem with the way acquisition is done that stirs up a hornet's nest? Look at the last issue first. There are two fundamental problems with the present system of land acquisition: the process of acquisition, and the...
More »The cash mantra by Jean Dreze
Conditional cash transfers” (CCTs) are a new buzzword in policy circles. The idea is simple: give poor people cash conditional on good behaviour such as sending children to school. This helps to score two goals in one shot: poor people get some income support, and at the same time, they take steps to lift themselves out of poverty. CCT enthusiasm, however, is often based on a superficial reading of the Latin...
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