-Frontline.in The Modi government has apparently realised that the private sector is not up to the task of driving growth. It hopes to fund its neoliberal dream of India becoming the fastest-growing emerging market through a combination of off-Budget borrowing and drastic expenditure reduction in key social sectors. IT will soon be a year since the National Democratic Alliance (NDA) government under Prime Minister Narendra Modi took office at the Centre....
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Lead from the Centre -Ashok Gulati
-The Indian Express Indian farmers are under stress this year. Earlier, many of them lost their crops in the kharif season, which was almost a drought with monsoon rains falling 12 per cent below their long-period average. Now unseasonal rains have impacted them adversely in the rabi season. Agri-GDP growth this year, expected to be a meagre 1.1 per cent before the unseasonal rains, may fall flat to just zero, if...
More »No one’s children -Neerja Chowdhury
-The Indian Express The most important priority for any government in India today should be the health and nutrition of its children. This is a matter of emergency. In many ways, it is more important than even education. Why then has an otherwise sensitive finance minister slashed the budget in the health and nutrition sectors so badly? The budgetary allocations on health and nutrition programmes for children, who are the most vulnerable,...
More »Land acquisition: First, sow the seeds of security among farmers -Abhijit Banerjee
-Hindustan Times Many years ago, Jagdish Bhagwati, a very distinguished economist long before he became one of the patron saints of the NDA, published an important paper on what he called Directly Unproductive Activities or DUP. These bore a close relation to what his friend and well-known South Asia scholar, Anne Krueger, had called rent-seeking activities in some slightly earlier work. Both made the important point that the social cost of...
More »Cultivating the Farmer -Ravi Shankar
-The New Indian Express For now the storm is over. Untimely monsoons, which create much havoc for farmers, became a parliamentary allegory with the Congress raining on Modi's parade over the Land Bill. In spite of all the manoeuvring that will follow, clouds threaten to hang low over the next session too. This is indicated in Sonia Gandhi's decision to take to the streets in protest - a leaf taken from...
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