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Growth slowest in four years

-The Telegraph The Indian economy grew at just 4.4 per cent in the first quarter ended June 30 - its slowest pace in four years. The grim figure deepened worries for the UPA government, which has been battling criticism over its failure to halt the slide in the rupee, cap deficits, ignite growth and slam the lid on inflation. The tepid growth had been anticipated with Finance minister P. Chidambaram acknowledging a few...

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Prof. Jean Dreze, Development economist interviewed by Down to Earth

-Down to Earth Development economist JEAN DREZE, known for his work on issues such as hunger, famine, social and human development in India, child health and education is not particularly happy with the way the National Food Security Bill has turned out. Although the proposed law has changed dramatically from the time Dreze pushed it during his days at the National Advisory Council, he is campaigning actively for its passage. Currently,...

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Don’t blame the Food Bill

-The Hindu The currencies of India, Indonesia, Brazil, South Africa and Turkey have fallen quite dramatically against the dollar in the past few months. Whatever their domestic weaknesses, the reasons for this unprecedented decline - ranging between 13 to 21 per cent - are primarily global. In the past 48 hours, as tension mounts in West Asia, an already unprecedented situation has become even more difficult. On Wednesday, the rupee, as...

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More bite, less to chew -Latha Jishnu, Jyotika Sood and Suchitra M

-Down to Earth The most controversial aspect of the food security law is the restructuring of the public distribution system to cover an unprecedented 67 per cent of the population, most of them in the poorer states. LATHA JISHNU, JYOTIKA SOOD and SUCHITRA M explain why there are winners and losers in the new dispensation and how states with better PDS will have to find huge resources to keep their numbers...

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The unaccounted costs of targeting-Martin Ravallion

-The Indian Express     A degree of targeting is useful in ensuring that policies are effective in reducing poverty. But we have to be careful how this is done. With the right policies, India has a good chance of seeing accelerated poverty reduction in the coming decades. As I have previously argued, this will require that India does a better job in reaching the country's many poor people through its social policies. However,...

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