-Livemint.com Direct handouts and fiscal rather than monetary action could help tide over the current shock and its potential after waves The Covid-19 pandemic is, above all, a human tragedy. The impact on the economy is at best second in the list of public policy concerns right now. Governments across the world have done well to sacrifice economic activity in an attempt to contain the spread of the virus. However, the economic...
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Kumar Sambhav, independent researcher and co-founder of Land Conflict Watch, interviewed by Aditi Phadnis (Business Standard)
-Business Standard State govts are failing to realise that farmers, landowners are much more aware of the actual market value of their land and about the legal provisions related to consent and rehabilitation etc Independent researcher Kumar Sambhav, who has co-founded Land Conflict Watch - the first and largest database of ongoing land conflicts in India - tells Aditi Phadnis that while India has enacted laws to protect the rights of marginalised...
More »From Plate to Plough: Growth and the farmer -Ashok Gulati
-The Indian Express Montek Singh Ahluwalia’s book helps frame the problem: Tilt in favour of consumer in food policy reduces incentives for farmers, makes it difficult to unlock resources for growth. Last month, Montek Singh Ahluwalia’s book, Backstage: The Story Behind India’s High Growth Years, was released. It is an account of India’s economic reform journey— a process in which Montek was an insider for about 30 years. Besides some very interesting...
More »India adrift, optimism hard to sustain -Jean Drèze and Amartya Sen
-The Telegraph Prospects of the future damaged by failing development policy to collapsing democracy The recent estimate of GDP growth for the third quarter of 2019-20, at around 4.7 per cent, has prompted a predictable sense of gloom. However, even the 4.7 per cent estimate is deceptive, since in per-capita terms, the corresponding figure would be just above 3 per cent. This, sadly, is no more than half the growth rate of...
More »Problematic revisions: We need fewer, quicker economic growth estimates -AK Bhattacharya
-Business Standard The CSO releases as many as 6 estimates of India's annual economic output growth; believe it or not, these estimates for the same year's economic output are released over a period of three years! When the Central Statistics Office (CSO) declared India’s gross domestic product (GDP) growth figure for 2016-17 on January 6, 2017, Economic Policy makers in the Narendra Modi government were disappointed. The GDP growth figure was only...
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