India must not obsess with how fast its economy is growing and instead pay more attention to its human development indicators which are worse than even that of Bangladesh, Nobel prize-winning economist Amartya Sen said. Sen, known among his peers as the Conscience of Economics, said slower growth is not a good enough reason for national gloom. If India really must feel upset, it should be because the country is...
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Mulayam's promise is a total disregard for the usage of water: Shubhranshu Patnaik
-The Economic Times It doesn't need economists, environmentalists or water conservation experts to tell us that the promise of free water is a disastrous idea. It will encourage farmers to cultivate water-guzzling crops. And in the process, it will lower water table levels, making water an even more precious commodity. But this is election season when parties consider the exchequer as candy-vending machines. It is also the season when bad politics prevails...
More »Govt may bring multiple covers under one policy by Vrishti Beniwal
Single-premium plan likely to be only for women initially; Centre, states to share premium for economically weaker sections. Customers may soon get health, insurance and pension covers, as well as a scholarship for their daughter’s school education under one policy. The single-premium policy, which the finance ministry is considering, is likely to be available only for women in the first phase. The premium will be shared by the Centre and the state...
More »Amartya Sen, Nobel laureate interviewed by Asha Rai
Economist and Nobel laureate Amartya Sen, currently the Lamont University Professor and Professor of Economics and Philosophy at Harvard University believes that mere economic growth cannot be equated with the wellness of people. Social indicators are an equally important measure. In Bangalore for the presentation of the Infosys Prize for 2011 ( Sen is the jury chair for social sciences), he spoke to TOI on a variety of topics. Excerpts: Q:...
More »Gowda gives Gita jitters by KM Rakesh
BJP chief minister D.V. Sadananda Gowda has said he wants the Bhagvad Gita taught in schools across Karnataka, reviving a touchy subject. Prodded by the BJP government, several schools run by Hindu organisations have been holding Gita classes since January 2011 in parts of the state, which has seen attacks on Christians and churches by Hindutva groups in the past three years. The latest statement, coming from the chief minister himself and...
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