-The Indian Express   India's rentier capitalism is an inset in the big picture drawn by Thomas Piketty   French economist Thomas Piketty has written a scholarly tome with the humdrum title, Capital in the 21st Century. The book has become an overnight sensation because Piketty documents an inherent tendency for ever-increasing inequality of income and wealth in capitalist economic systems. It is not an accident, he says, that many will be left behind...

-The Indian Express   MGNREGA is beset with failures of planning, execution, monitoring and accountability. This election season, we have seen the BJP seeking the people's mandate on the slogan "sab ka saath, sab ka vikas". The Congress harps primarily on a "we gave you" list. The first in this list is the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA). The 11th Five Year Plan recognised that 30 crore people lived below the...

-The Hindu     The state must remain in higher education as the private sector is yet to demonstrate its capacity to create knowledge on a sufficient scale The impending inauguration of a new government finds interested parties bringing into the public arena matters of importance to them. One of the issues that has been raised recently is whether higher education in India should be privatised. This question merits serious attention. And though interest...

A study by Jonathan Kennedy and Lawrence King, published in the Lancet journal Globalization and Health (2014) has found that liberalization of the agricultural sector in the early-1990s is responsible for the agrarian crisis and, therefore, farmers with certain socio-economic characteristics -- cash crops cultivators, with marginal landholdings, and debts-are particularly at risk of committing suicide. In short, the study detects that the differences in the structure of agricultural production explain...

-Live Mint   FDI in retail and modernization of agriculture are two faces of the same coin In the season of elections animal spirits rule. India's equity markets have been ebullient for some time now. Spurred by a robust inflow of foreign investment capital, markets have reacted favourably. A lot now depends on the ability of the next government to enact meaningful structural reforms, especially in a sector such as agriculture that requires...