-The Economic Times Recently, we were witness to a noisy spat between economists Amartya Sen and Jagdish Bhagwati. Some commentators linked this to a Congress-versus-BJP fight over development models. Sen, the advocate of investment in education, health and nutrition as necessary for economic growth, was presumed to speak for the Congress. Bhagwati, the proponent of growthfirst model, was seen to be batting for the BJP. Indeed, Bhagwati has cited Gujarat as...

-The Telegraph New Delhi: The Centre has modified the norms of an education scheme to allow partial funding of state government-aided secondary schools in a move that could benefit Bengal the most. Funds under the Rashtriya Madhyamik Shiksha Abhiyan (RMSA) have so far been limited solely to government-run institutions. The four-year-old scheme provides grants to set up schools, improve facilities in existing ones and recruit teachers. Most secondary schools in Bengal are aided institutions,...

-The Economic Times NEW DELHI: It is not only the opposition parties but cooking gas distributors also want the UPA government to delay the implementation of direct benefit transfer of liquefied petroleum gas (LPG) scheme. They fear there would be problems and errors in meeting the stiff timelines as authorities rush to transfer cash directly to the bank accounts of 14 crore consumers before general election next year. "The government is in...

-IndiaResists.com The ongoing debate between two stalwart economists, Amartya Sen and Jagdish Bhagwati, must be joined by those who understand contemporary realities and challenges in terms altogether different from those of mainstream economists. In a recent (July 27) article in Times of India, Bhagwati's co-author Arvind Panagariya characterizes the differences between the two in the following terms. Sen favours education and health measures as being the first steps to tackle poverty...

-The Hindu Despite its many flaws, the food security bill is an opportunity to end the leakages from the PDS and prevent wastage of public resources The National Food Security Bill, now an ordinance, has been a target of sustained attacks in the business media in recent weeks. There is nothing wrong, of course, in being critical of the bill, or even opposed to it. Indeed, the bill has many flaws. What...