-The Business Standard   Or, why our subsidy and tax policies have been almost exactly wrong Thomas Piketty's seminal book on inequality, Capital in the Twenty-First Century, comes at a fortuitous time. Although inequality has been a well-discussed issue in India for some time now, the success of the book contributes by sharpening the debate. It complements the McKinsey Global Institute's (MGI) report titled "From poverty to empowerment: India's imperative for jobs, growth,...

-Frontline   Political parties flush with funds provided by corporate houses are winning over journalists, and some news organisations are creating packages for election coverage, making the phenomenon of ‘paid news' all pervasive. THE credibility of journalism and journalists has been greatly undermined by the scourge of cash for coverage, a much-abhorred sickness in the profession worldwide. News space on television, radio and newsprint is compromised with impunity with blatant advertising parading...

-The Business Standard   Badly structured insurance leaves Indian farmers exposed Ever since its inception in the early 1970s, agricultural insurance has defied all attempts to make it farmer-friendly and economically viable. Over half a dozen different models for farm risk management have been tried out, but with little success. The systems currently used - the National Agricultural Insurance Scheme (NAIS) and the Modified NAIS (MNAIS) - were objected to by the Insurance...

-Down to Earth   Poverty line figures hide people's aspirations There are lies, damn lies and statistics, American author Mark Twain once wrote echoing a similar statement by the British statesman Benjamin Disraeli. Statistics aim to reveal a lot, but they conceal vital information. This concealing tendency of statistics explains much of the flak received by the Planning Commission when it released figures on the poverty line. In 2012, the commission announced that...

-Down to Earth   Adivasis, Bengali Muslims worst hit by child malnutrition in Assam They have low access to nutritious food in spite of increase in number of anganwadis under Integrated Child Development Scheme Adivasis and Bengali Muslims have highest rate of malnutrition in Assam. A comparison with data of 2005-06 for Assam, collected for children of all age groups by the Central government, shows that their condition has not improved despite a...