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On the mythology of social policy -Jean Drèze

-The Hindu   India is among the world champions of social underspending. Without enlightened social policies, growth mania is unlikely to deliver more under the new government than it did under the previous one Few people today remember the letter written on August 7, 2013 by Mr. Narendra Modi, then Chief Minister of Gujarat, to Prime Minister Manmohan Singh. In this letter, available on the Bharatiya Janata Party (BJP) website, Mr. Modi criticised...

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Cong price pot versus Modi kettle

-The Telegraph The Congress today slammed the Centre for linking food inflation to increased incomes and changing diets and asked if it intended to scrap its predecessor's welfare schemes that had raised poor families' purchasing power. Ironically, Congress ministers used to cite similar reasons for the rising prices. But spokesperson Randeep Surjewala accused the government of "insulting" the people and said it was a matter of satisfaction and pride that incomes were...

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Rural job scheme caused price rise: Govt -Shishir Sinha

-The Hindu Business Line     Facing criticism for rising prices, the Modi Government has blamed public expenditure on schemes such as MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) for fuelling food inflation. Curiously, the BJP wants the job scheme to continue, with the focus mainly on agriculture. According to the agenda note circulated for Friday's Conference of State Food Ministers with the Centre, food inflation is caused by both demand and supply...

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Drought forever -Richard Mahapatra

-Down to Earth As June ends, the monsoon, it turns out, is deficient by 40 per cent. Despite the forecast of its revival in July, it is a concern for India's rainfed areas that account for significant foodgrain production and also host the largest number of farmers in the country. More than 100 districts are officially "chronic drought-affected" areas. Why have we not been able to drought-proof them? On June 28 Prime...

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Link between Food Price Inflation and Rural Wage Dynamics -Atulan Guha and Ashutosh Kr Tripathi

-Economic and Political Weekly     In exploring the link between food price inflation and rising rural real wages, this paper examines the dynamic relations between rural wages in different sectors and the relationship these wages share with increasing food prices. It looks into the possibility of a Lewsian transformation causing an increase in real rural wages, but the result of the analysis suggests that the rise in wages is because of an...

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