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Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)

-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...

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Aadhaar is fine to stop some kinds of leakage and corruption. But it is no panacea. -Maitreesh Ghatak

-The Economic Times The art of good governance is through trial and error, figuring out what works where and how, and scaling up from below. Only then can one have a solid foundation. Aadhaar literally means something that holds (dhaaran: to hold). The word is interpreted either as a foundation or base (such as, to a building), or a container (such as, of water), even though given that it is an identity-verifying...

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Rural wage growth is faltering again -Manas Chakravarty

-Livemint.com There cannot be a solution to the problem of low wage growth in rural India unless opportunities for getting decent and productive jobs are available outside agriculture One of the anomalies that stood out from the broad narrative of rural distress was the stubborn fact that Rural Wages were growing, not just in nominal but also in real, or inflation-adjusted terms. And if real Rural Wages were seeing higher growth, surely...

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Rural indicators point to worsening farm distress -Sayantan Bera

-Livemint.com Sluggish wage growth, lower crop planting, fluctuating prices paint a dismal picture for farmers and the agriculture sector New data released by the government on Rural Wages, crop prices and sowing of winter crops reveals that rural distress is worsening. Planting of wheat, the main winter crop, between October and early January was 5% lower than a year ago due to lower sowing in Madhya Pradesh by close to a million hectares;...

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Rural economy holds the key to economic revival -Himanshu

-Livemint.com Distress in rural economy is not limited only to the agrarian sector but has also spilled over to the larger economy with unemployment becoming a major challenge 2017 has been a bad year for the economy. The fact that the economy is in crisis, particularly the rural economy, is no longer a matter of statistics. The recent elections in Gujarat have laid bare the fissures in the rural economy that have...

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