-TheHansIndia.com The ongoing drought is fuelling distress migration from districts in Telangana, a trend that was witnessed in the early 2000s. The severe drought conditions for the second consecutive year have led to crop failure, mounting debts, chronic unemployment and failure of the NREGA scheme, especially in the districts of Mahbubnagar, Medak, and Adilabad, forcing large-scale exodus of farmers and others. The fruits of a people’s movement and the world’s largest anti-poverty...
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Arvind Subramanian, Chief economic advisor, speaks to Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana
-Business Standard Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy with Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana. Edited excerpts: * In the mid-year economic analysis, you talked of revisiting the fiscal numbers for 2016-17. Is it a view of the chief economic advisor (CEA) or that of the government? I see my role as a member of the government. I...
More »Forget Inflation Targeting -Prem Shankar Jha
-The Indian Express It has only managed to kill manufacturing and employment growth In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...
More »Study: Food price spikes linked with rising malnutrition among Indian children
-Financial Express It focused on the effect of food prices on child nutrition in the Andhra Pradesh, one of India’s largest states, using data from the Young Lives project based at Oxford University An international study, conducted by researchers from the Public Health Foundation of India and the University of Oxford, with a team from Stanford University and the London School of Hygiene and Tropical Medicine, says spikes in food prices during...
More »Is the MGNREGA being set up for failure? -G Sampath & Rukmini S
-The Hindu The Mahatma Gandhi National Rural Employee Guarantee Scheme (MGNREGA) has generated more rural employment than any other government scheme or private initiative in the history of independent India. At the same time, it has also generated a great deal of controversy over its merits and demerits. It would be fair to say that the policy establishment in the country right now is not favourably disposed towards the MGNREGA, with the...
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