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Social goods lead to public good -Ashok Varma

-The Hindu Business Line Higher social sector spending by the government boosts income and consumption, and spurs growth India’s economic growth is now much more closely linked to the state of the rural economy than it ever was. Sustaining a 7.5-per cent growth in GDP would be contingent on higher growth in rural household consumption. Rural expenditure grew 5.7 per cent annually during 2005-15 — against 5 per cent annual growth in the...

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Why PhDs want to be peons -Roshan Kishore, Dipti Jain and Ishan Anand

-Livemint.com Quality employment eludes majority of India’s university educated Last year, 2.3 million people, including postgraduates and PhDs, applied for 368 peon posts advertised in Uttar Pradesh. Outrage followed. Why were highly educated people applying for a job which required only primary school education and knowing how to ride a bicycle, people asked. To answer, one needs to find out the jobs people who have been through a university end up in. According...

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Mintu Devi’s magic wand -Priyanka Kotamraju

-The Hindu Business Line As the Right to Information Act completes 10 years, we examine how RTI has changed people’s lives, become a byword for democracy, and helped alter the relationship between citizen and state Mintu Devi’s relationship with the ration shop changed the day she filed an RTI. In the jhuggis of New Seemapuri, situated on the northeastern edge of Delhi, she is a legend. The 37-year-old mother of four is...

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Emphasis on cereals prime cause of high pulse prices -Rajeev Deshpande & Dipak Kumar Dash

-The Times of India NEW DELHI: The current spike in pulse prices could have been anticipated, but India's cereal-centric food security policies emphasize rice and wheat while dis-incentivizing the production of pulses despite clear trends that show a declining preference for cereals. Even though India's dependency on imported pulses grew as imports rose from 2.7 million tonnes in 2010-11 to over four million tonnes this year, minimum support price-driven procurement and the...

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World Bank poverty estimates are poor, says government -Dilasha Seth

-Business Standard Says the actual poverty is much higher than suggested by the multilateral lender, adding there is lack of scientific basis in computing the poverty line The government has contested the World Bank's recently released data that showed only 12.4 per cent of India's population was poor in 2011-12, considering an expenditure cut-off of $1.9 a person a day on purchasing power parity (PPP) terms. It said the actual poverty was...

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