-Down to Earth Jean Dreze on why he prefers a solidarity society, rather than a welfare state * Are you actually an advocate of the welfare state? Ideally, I would prefer to think in terms of a solidarity society rather than welfare state, for two reasons. First, private non-profit institutions can play a very useful role in the social sector. In many countries, some of the best schools and health centres are run...

-The Indian Express Demonetisation was part of a political imagination that is closer to a technocratic authoritarianism. Revolutions are often paradoxical things. In the minds of the revolutionary, they conjure up images of radical change. But reality is more recalcitrant. It makes a fool of the revolutionary, exacerbating those very things that the revolution seeks to change. Demonetisation has turned out to be no different. It was a populist measure, done in...

-The Hindu Business Line Scars on agriculture supply chain remain a pain point for commodity prices Bengaluru: A year after demonetisation, the cash-intensive agriculture sector is yet to fully recover from the impact. Cash continues to be the preferred instrument for rural and farm transactions, while alternatives such as cheques and bank transfers are seen making their presence felt in some quarters. The cautious agri-trade is still seen struggling with inventory management, as the...

-Firstpost.com Development economist Jean Dreze has been vociferous critic of the Narendra Modi government's demonetisation of Rs 500 and Rs 1,000 notes a year back. He had famously warned that "demonetisation in a booming economy is like shooting at the tyres of a racing car". A year on, it seems his caution has come true. In the first quarter of the current financial year, the GDP growth slowed to a three-year...

-The Hindu Business Line The global pulse trade is in a tailspin. After living in a comfort zone provided by India in the form of a large ready market for long years, pulse exporting nations — many of them cultivating the leguminous crop with India as the primary target market — are now forced to grapple with new ground realities. To be sure, not only has India, the world’s largest producer, processor,...