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Decentralisation has fallen off the agenda -MA Oommen

-The Hindu Business Line The NITI Aayog should revive district-level planning in order to implement the 73rd and 74th Amendments to the Constitution While the Planning Commission, which was virtually an executive arm of the Union government, stands abolished, the District Planning Committee (DPC), a constitutional institution mandated “to prepare a draft development plan for the district as a whole” with a focus on resource endowments, environmental conservation, infrastructural development and spatial...

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Govt panel fails to define 'poverty line', says form another group to do the job -Moushumi Das Gupta

-Hindustan Times Just how many people in India are poor? The question remains unanswered with yet another government panel failing to define an official “poverty line”. After a year and half of work , a 16-member task force headed by NITI Aayog vice chairman Arvind Panagariya has failed to reach a consensus and suggested to the government that another panel of specialists be asked to do the job. HT has a copy of...

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Oxford's Joshi proposes basic income for all -Ishan Bakshi

-Business Standard This policy involves providing products and services such as electricity and fertilisers at below-market prices New Delhi: While much of public discourse in India has tended to focus on expanding the current subsidy regime to help the poor, Vijay Joshi, economist at Oxford University, advocates shifting to a universal basic income, replacing all government subsidies with a single cash transfer to all citizens, providing them with a basic income guarantee. At...

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The best way to welfare -Abhijit V Banerjee

-The Indian Express Swiss voted against the idea of a Universal Basic Income. But the debate continues We in India tend to associate Switzerland with fresh-faced girls in dirndls on a beautiful hillside, or with a cabal of silent bankers, but it is in fact a much more interesting country than those clichés might imply. For one, they decide on policy by referendums — if a hundred thousand Swiss sign up to...

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Second thoughts on the market model -Pritam Singh

-The Tribune A confession by IMF economists in the flagship magazine stating that the kind of growth promoted by neoliberalism promotes inequality has created a buzz. Once in a while, something unexpected happens so stunningly that one finds it unbelievable in the first instance. A group of three economists in IMF's research department has written a joint paper criticising some key aspects of IMF's creed of neo-liberalism. It appears as unbelievable as...

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