-The Business Standard   The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...

-The Hindustan Times While BJP Prime Ministerial candidate Narendra Modi's 'Gujarat development model' has caught the nation's fancy, a new United Nations (UN) report says Gujarat is one of the most water-starved states in India. The UN World Water Development Report 2014 observes that unsustainable use of water for agriculture is the prime reason for the groundwater level falling in most parts of Gujarat. "The issue of groundwater overdraft in India has been...

-The Hindu   Ideological labels are likely to mislead by channelling the debate into issues of capitalism and socialism and detract from the real problem George Santayana said: "Those who cannot remember the past are condemned to repeat it." Having forgotten the license-permit-quota-raj that enveloped us from 1950 to 1980 and its ‘crony socialism,' many intellectuals, mediapersons and politicians have now discovered ‘crony capitalism.' The license raj consisted of stifling controls imposed on...

-The Hindu Business Line Welfare programmes do work these days. That's because their implementation determines poll outcomes In the last 15 years, India has seen the adoption of an "alphabet soup" of ambitious national anti-poverty programmes: a rural connectivity scheme (PMGSY), a universal primary schooling initiative (SSA), a rural health initiative (NRHM), a rural electrification scheme (RGGVY), a rural employment guarantee (NREGA), a food subsidy (Food Security Act), and a new digital...

-The Business Standard Associates say Bose always tried to make complex things simple and understandable Finding out the essence is more important than getting lost in statistical jugglery" is what Ashish Bose, the country's foremost demographer, who passed away on Monday, once told Amitabh Kundu, his friend and professor of economics at Jawaharlal Nehru University. Kundu's description perhaps summarises the personality of Bose, best known for coining the term BIMARU (in a paper...