-The Business Standard Can Bhagwati-Sen debate bring the same change as Hayek-Keynes duel in the US in 1932 At a time of economic crisis, a distinguished group of economists wrote a letter to a major newspaper, making a case for increased government involvement in the economy. A few days later, an equally distinguished group of economists wrote a letter to the same newspaper, arguing against the first lot. No, this...
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More mines, fewer schools in former Maoist stronghold-Anumeha Yadav
-The Hindu Manoharpur (Jharkhand): Deep inside the Saranda sal forest, Thalkobad lies at the core of what was a CPI (Maoist) "liberated zone" in Jharkhand's West Singhbhum district along the Odisha border. Thalkobad, along with 24 other villages, was reclaimed by the Indian state after a massive military operation - Operation Anaconda-I in August 2011 to destroy the CPI (Maoist) Eastern Regional Bureau and several training camps inside Saranda. The village...
More »Post-2015 development agenda must focus on equality–UN experts
-The United Nations United Nations independent experts today called on countries to ensure the post-2015 development agenda focuses on equality, social protection and accountability, noting that one billion people around the world are still living in poverty. "The rise of inequality has severely undermined the achievements of the Millennium Development Goals, or MDGs," the independent experts said in their message to Member States which will meet this week in New York to...
More »The great jobs disaster-CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line In much of the discussion on the turnaround after the Great Recession, attention has been focused on financial consolidation and the halting return to growth. Far less attention has been paid to the persistence of high and even rising unemployment and its sources. In the desperate search for evidence that the global recession has bottomed out and the recovery has arrived, the story told by the long-term trend...
More »Banks under fire for Saradha mess -Srikumar Bondyopadhyay
-The Times of India KOLKATA: It's not only Cobrapost that seems to be stinging public sector banks. State-owned banks have come under fire and are accused of being hand-in-glove with willful defaulters like Ponzi kingpin Sudipta Sen. In a 25-page statement that the CBI deems a confession, Sen has detailed how he acquired Global Automobiles, a company with a bank debt of Rs 186 crore. Formed in 2005, the company's owner Shantanu...
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