-The Indian Express DMRC and Union minister for urban development Hardeep Singh Puri are right that the daily ridership of Delhi metro hasn’t declined by 3 lakhs due to fare hike. It has declined by 4.8 lakhs. economists are frequent targets of ridicule by politicians for failing to predict crises or having vastly differing opinions of major economic events (e.g. demonetisation). But all economists agree on one fundamental tenet — demand reduces...

-Frontline.in The Assembly elections have put under intense scrutiny Narendra Modi’s Gujarat model of development which is touted as worthy of replication throughout the country. Audit reports of the CAG provide ample evidence of it being inefficient, corrupt and not beneficial to the common people. THE standard indicators of development, as is understood in theory and practice, comprise a range of indices, and not necessarily the level of private investment in...

-Down to Earth Jean Dreze argues that we should not leave the making of an equitable society to experts alone What does one make of the shameful statistic that over 200 million Indians still subsist below the poverty line? How does one square it with the equally obscene distinction that we have the world’s fourth largest number of billionaires, thus making India the second most unequal nation after Russia? Indeed, how...

-Livemint.com Tractor sales have gone up in a year which has seen farmer protests in several states for remunerative crop prices and farm loan waivers, amid lingering effects of demonetisation and GST implementation New Delhi: Domestic tractor sales rose to a record in the first half of the fiscal year, but economists are hesitating to interpret it as a sign that the farm economy has finally turned the corner. Tractor manufacturers sold 363,071...

-The Indian Express First-ever comprehensive study pegs produce trade losses in mandis from demonetisation at 7-15%. Demonetisation led to the value of farm produce traded in mandis across India collapse by nearly 15 per cent within a week of the decision, with these losses averaging 7 per cent even at the end of 90 days, according to a just-published Indira Gandhi Institute of Development Research (IGIDR) working paper. The study, which crunches data...