-The Economic Times Sometimes, putting one and one together does make 11, but many of us seem hardwired in our thoughts to assume rural income growth is a zero-sum game. For example, some people believe subsidies have driven the 15-20 per cent a-year growth in rural wages over the last five years. They come up with "explanations", including "people are selling land and consuming", "rising minimum support prices", and "NREGA is...
More »SEARCH RESULT
Escape velocity: Did Harvard dons inspire Rahul Gandhi?
-The Times of India NEW DELHI: Jupiter's gravity could be Rahul Gandhi's flourish, but "escape velocity" is a buzzword in macro economics and empowerment this year, figuring in the title of an influential paper by two Harvard economists studying racial inequality. In "Achieving escape velocity: Neighbourhood and school interventions to reduce persistent inequality", Harvard's Roland D Fryer and Lawrence F Katz examine policies that enable youth to "escape the gravitational pull of...
More »Non-monetary indicator of poverty-RR Prasad
-Down to Earth Our policy makers should move away from the income criterion for estimating poverty and take cognisance of other indicators Amid mounting criticism and heated debates about the poverty line, a challenge has resurfaced to examine whether there could be a single non-monetary criterion of estimating poverty. A poverty line is a monetary cut-off point below which a person is deemed to be poor. Thus, any attempt to measure poverty...
More »Fleeing the light -Aruna Roy and Nikhil Dey
-The Hindu Political parties have acted as judge, jury, supplicant and advocate in their move to amend the RTI Act and exempt themselves from its purview. Their rhetoric on transparency is more hollow than ever A friend called the other day, and said: "I want to congratulate all of you in the RTI community, because you have managed to do what no one, and nothing else has managed to for a long...
More »Why the food security bill matters to developing Asia-Vinod Thomas
-The Economic Times For all the controversy around it, the breathtaking scope of India's food security scheme for nearly two-thirds of the population sends a powerful message across developing Asia. The region leads the world in the pace of economic growth, yet public spending on social protection as a share of GDP is lower than that in any other region except sub-Saharan Africa. Economic growth is a proven means to lift millions...
More »