-RuralIndiaOnline.org With no industrial activity and low wages in agriculture, men from Bhagabanpur in Maldah district go to work in faraway places like Uttarakhand and Himachal Pradesh, just to survive and send money home Rehna Bibi didn’t think much when her phone call to her husband, Anas Shaikh, failed to connect at 10.30 a.m.on February 7, 2021. They had spoken less than two hours ago. “His grandmother had died that morning,” says...
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The alchemy of anti-incumbency -Varghese K George
-The Hindu Mamata Banerjee’s assumption that Bengali nationalism could block anti-incumbency and Hindutva may be optimistic The Trinamool Congress (TMC) government in West Bengal is a unique specimen in understanding anti-incumbency. Welfare schemes that usually make incumbents popular have added to the anti-incumbency woes of Chief Minister Mamata Banerjee, as the workers of her party made those the easy and only option for rent-seeking. ‘Cut money’, or the cut for TMC local...
More »CAGed? Top audit body's reports on Centre's money management down by 75 percent
-The New Indian Express The total number of CAG reports relating to central government ministries and departments came down from 55 in 2015 to just 14 in 2020, a fall of nearly 75%. NEW DELHI: The number of reports brought out by the country’s top audit body, the Comptroller and Auditor General of India, has come down sharply in the past five years, raising concerns that the government’s financial accountability is not...
More »Money vs. happiness -Raghav Gaiha and Veena S Kulkarni
-The Hindu Subjective well-being and income are intricately linked The question whether the rich are more satisfied with their lives is often taken for granted, even though surveys, like the Gallup World Poll, show that the relationship between subjective well-being and income is often weak, except in low-income countries in Africa and South Asia. Researcher Daniel Kahneman and his collaborators, for example, report that the correlation between household income and reported life...
More »An ecologically illiterate Budget -Ashish Kothari
-The Hindu On several significant items relating to the environment, allocations have remained stagnant or fallen In 1991, when the then Finance Minister Manmohan Singh ushered in economic reforms that catapulted India into the global economy, I had asked him how he intended to balance rapid economic growth with environmental protection. He said that the experience of the West is that once there is enough money in the economy through growth, it...
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