-The Indian Express Contrary to conventional wisdom, the UPA lost despite an inclusive, growing economy. Economists have been busy telling us that the economy decided the election result. We heard it during the campaign and they have been at it again in their post-mortems. They are wrong. Consider some evidence. Most Indians live in rural areas. Elections are won and lost there. So for any government, it makes good electoral sense to look...
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Inclusive growth, an exaggerated claim -Raghav Gaiha, Manoj K Pandey and Vani S Kulkarni
-The Hindu Business Line Claims that the economic gap in India is being bridged are not borne out by NSS data Recent accounts of poverty reduction - especially during 2004-11- triggered by the release of the 68th round of the NSS data, have been euphoric. Growth acceleration not just resulted in more rapid poverty reduction over this period than during 1993-2004 but it was also more inclusive as the most disadvantaged groups,...
More »Advice to cut reach of job scheme -Basant Kumar Mohanty
-The Telegraph Officials are set to propose to the Narendra Modi government that the UPA's blockbuster rural job scheme be restricted to select districts as the decision in 2008 to extend it to all districts was not required. The officials of the rural development ministry are expected to tell the new minister that the funds allocated for the implementation of Mahatma Gandhi National Rural Employment Act (MGNREGA) were not adequate for national...
More »Why voters punished UPA-Himanshu
-Live Mint If anything, the UPA has been punished by the voters for moving away from its core agenda of entitlement-based politics The victory of the Bharatiya Janata Party (BJP) in the 2014 elections will remain a watershed moment for Indian democracy in many ways than one. Coming at a time when the economy is in a serious mess, the victory of the BJP and the defeat of the Congress party and...
More »India's non-solutions for reducing inequality-Rajiv Shastri
-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,...
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