-TheWire.in All three winners argue that using randomised control trials can lead to better public policy interventions. New Delhi: The 2019 Nobel Prize for economics has been awarded to three economists who have focused on framing policies by first measuring the outcomes of alternative interventions on randomly chosen samples from a target population. Abhijit Banerjee, Esther Duflo and Michael Kremer have all worked on using this method to argue that randomised control trials...
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Granaries overflowing, Food dept's SOS to MEA: Send wheat, rice as aid to deserving countries -Harikishan Sharma
-The Indian Express Procurement of wheat and rice in the central pool has been increasing over the years, leading to accumulation of surplus stock of wheat and rice with FCI. As a result, stocks of food grain in the central pool continue to remain much in excess of stocking norms. With Food Corporation of India granaries overflowing, the government is looking to liquidate its grain stocks to prevent damage and minimise...
More »Abhijit Banerjee's prescription for Indian economy: 'Stop PMO interference, raise NREGA wages, pray' -Rohan Venkataramakrishnan
-Scroll.in The economist, who was awarded the Nobel prize on Monday, spoke just last week about what Indian policymakers need to do. Abhijit Banerjee, the renowned economist who was one of three awarded the Nobel prize for economics on Monday, put together some prescriptions for what the Indian economy needs right now. The last item on the list? “Pray.” On the next list, for the longer run? “Pray more.” Banerjee was speaking...
More »Patna Corporation admitted it failed, told HC before rains: 'Functioning in primitive way' -Santosh Singh
-The Indian Express From September 28 to October 1, Patna received about 400 mm of rainfall. With all 39 sump houses remaining non-functional till October 1, at least 60 per cent of Patna faced water-logging. * “Any modern city requires four basic infrastructure systems in place to function efficiently — drinking water supply system, storm water drainage system, sewage system and sewerage network system, and solid waste management system. Patna Municipal...
More »Where Do I Belong? -Saikat Bose
-The Indian Express For a migrant to Delhi, obtaining legal identity is a tough ask Before I moved to Delhi, a friend told me, “You are moving to the city of migrants and djinns”. All this while I believed I am the migrant, now I am not sure. I have been living in Delhi for over five years. I built a career here, made some of my best friends here and I...
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