-The Business Standard Like Indira Gandhi, even Narendra Modi seems to be relying on directing public-sector banks through ministry of finance supported by party cadres. How new is that? Narendra Modi's biggest project so far is Pradhan Mantri Jan Dhan Yojana (PMJDY), an aggressively promoted idea to open bank accounts. The English media ran full-page ads and TV commercials to announce the scheme that is supposed to reach largely rural households. It...
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The Planning Commission is dead. Long live the new avatar. -Paranjoy Guha Thakurta
-The Goan In the second decade of the 15th century, after the French ruler Charles VI was succeeded by his son bearing his name, a phrase was coined: "The king is dead, long live the king". The phrase literally meant that the transfer of sovereignty occurs simultaneously from the moment of death of an earlier monarch. Over the years, the phrase came to signify superficial change: the more things change,...
More »The barefoot government -Bunker Roy
-The Indian Express A government shorn of Western educated ministers could change the status quo. Since 1947, Indians have not spoken out so strongly and clearly for a completely new brand of people running government. Mercifully, there are no ministers educated abroad. Thankfully, none of them has been brainwashed at Harvard, Stanford, Cambridge, the World Bank or the IMF, subtly forcing expensive Western solutions on typically Indian problems at the cost of...
More »A Case Against Curtailing Public Subsidises in Higher Education -Nivedita Sarkar and Anuneeta Mitra
-Vikalp The contribution of education in economic development has been investigated since the early 1960s, originating in the University of Chicago (Schultz, 1961; Becker, 1964), championed by the Human Capital School - in which expenditure on education is regarded as an investment. It was argued through the endogenous growth theory (Lucas, 1988; Romer, 1990) that spending in education is crucial for increasing labour productivity and accelerating the pace of economic growth....
More »Aadhaar watch on babus -Imran Ahmed Siddiqui
-The Telegraph New Delhi: The sarkari babu will have to make every minute count. The Narendra Modi government has ordered that an Aadhaar Enabled Biometric Attendance System (AEBAS) be implemented in all central government offices. A circular issued to all central government offices in the capital today has also asked employees, of all ranks, to submit their contact details (email ID, residential address, telephone and personal mobile phone numbers) to the department of...
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