-Outlook Growth vs development, Bhagwati vs Sen. Both are right, say experts. *** "Can I not talk about Bhagwati, please? I don't like talking about Bhagwati. He loves talking about me, I do not like talking about him." -Amartya Sen, Telegraph "You must ask Professor Sen, not me, why he will not engage in a debate with me.... After all, he is...
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Planning Commission estimates show sharp fall in poverty rate-Sanjeeb Mukherjee
-The Business Standard Peg decline at 7.8 percentage points between 2009-10 and 2011-12 The poverty rate has declined by 7.8 percentage points in two years, according to the latest estimates by the Planning Commission. If 29.8 per cent of the population was poor in 2009-10, the figure came down to 22 per cent in 2011-12. The estimates are based on the recently-released report by the National Sample Survey Office (NSSO) for 2011-12. This...
More »Drug makers suffer an overdose of control-Bhupesh Bhandari
-The Business Standard The new price caps for 191 essential drugs are likely to introduce serious distortions in the market for these medicines The National Pharmaceutical Pricing Authority, or NPPA, has announced new price caps for 191 essential drugs that are 10 to 50 per cent lower than the current prices. Drug makers have 45 days to recall the earlier batches and send out new ones with the lower price tags. This...
More »The Food Security Debate in India -Jean Drèze
-The New York Times Blog The right to food is finally becoming a lively political issue in India. Aware of the forthcoming national elections in 2014, political parties are competing to demonstrate - or at least proclaim - their commitment to food security. In a country where endemic undernutrition has been accepted for too long as natural, this is a breakthrough of sorts. The rhetoric, however, is not always matched by understanding...
More »The modest food security Bill-Jean Drèze
-The Business Standard The right to food is finally becoming a lively political issue in India. Aware of the forthcoming general elections, parties are competing to demonstrate - or at least proclaim - their commitment to food security. In a country where endemic undernutrition has been accepted for too long as natural, this is a breakthrough of sorts. The food security Bill is a modest initiative. It consolidates various food-related programmes and...
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