-The Hindu The impressive gain by rural households in spite of the favouritism towards non-primary activities appears real The Indian Economy has moved on a high growth path since the mid-1980s. After a blip in growth between 1990-92, liberalisation, initiated for aligning the Indian Economy with the world in 1991, not only put the Economy back on a higher growth path but also sustained this growth till the 2000s. During the last...
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Karthik Muralidharan, an assistant professor in the University of California interviewed by Sanjeeb Mukherjee
-The Business Standard Since the United Progressive Alliance (UPA) government decided to put on hold the Aadhaar-based subsidy transfer for domestic liquefied petroleum gas (LPG), questions have been raised about the future of one of Congress' most ambitious initiatives aimed at plugging leakages. Two months after the government move, a pioneering study by economists Karthik Muralidharan, Paul Niehaus and Sandip Sukhtankar showed leakages dropped 12 per cent when smart cards were...
More »Growth is not a victim of the UPA, it is the other way round -Maitreesh Ghatak and Parikshit Ghosh
-The Hindustan Times If the opinion polls are to be believed, the UPA is facing a rout in the coming Lok Sabha elections. One explanation, popular in the media, goes something like this: The UPA faces voter wrath because it destroyed growth. The Economy has paid a price for bad governance and expensive welfare schemes. If you look at data for the last two years, this view will find some support....
More »Who is really to blame for India’s growth slowdown and inflation?- Niranjan Rajadhyaksha
-Live Mint Data shows that Indian growth has moved in sync with what was happening in the rest of the world while Indian inflation has had a life of its own Mumbai: The war of words between P. Chidambaram and Yashwant Sinha on the way the Indian Economy has been managed over the past decade is the sort of political grandstanding that is expected in the last stage of what has...
More »The run of rains in Indian agriculture
-Live Mint Inefficient government relief is reason to allow access to alternatives The increased probability of an El Nino weather pattern has already begun to rustle up fears about how a bad monsoon could hurt a sluggish Indian Economy. The concerns are valid even though the Economy is less dependent on agriculture than before and reservoir levels this summer are quite comfortable. The lessons of previous El Nino episodes in 2002...
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