-PTI He noted that India's performance in poverty reduction and public welfare schemes is now lower even than that of poor countries Vested interests of individuals and "lobbying" among political parties is acting as impediment in India's quest for poverty reduction, noted economist Jean Dreze has said. The economist said it was "ironical" that during the peak period of the country's development, the corresponding indexes for poverty reduction, nutrition and health status have...
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India growth story marred by disturbing inequity -Sachin Kumar Jain
-Down to Earth 68th Round of National Sample Survey makes it amply clear that the wave of economic growth has not percolated down from the 0.003 per cent of population of ruling elite (as per Income Tax records, only 42,800 persons have taxable Income more than Rs 1 crore in India). 99.996 per cent population is spending between just Rs 25.90 and Rs 37.36 per capita per day (average MPCE) in...
More »Wanted, a vote for education-Krishna Kumar
-The Hindu The fact that education matters only in the long run makes it uninteresting for political parties. But in this election, the voice of education can be heard No matter how categorically a party or candidate might comment on them, the problems of education cannot compete with those of water and electricity supply or the condition of roads. These latter problems affect the daily life of a citizen more elementally than...
More »Employer of the last resort? -Sonalde Desai, Omkar Joshi and Reeve Vanneman
-The Hindu The Centre's rural employment guarantee scheme can be substantially improved, but it has undeniably helped Dalits, Adivasis and women find work In an era of growing globalisation and rising Inequality, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) stands out as a unique attempt to provide a social safety net via a massive public works programme. The government as an employer of the last resort is an idea that...
More »Narendra Modi’s Gujarat not a role model in urban spending
-The Economic Times NEW DELHI: Narendra Modi-led Gujarat may be high on economic growth, but it is not a state companies would rush to for selling their goods. Per capita monthly spending in urban Gujarat is below the national average and rural Gujarat does not figure among the top spenders, according to a National Sample Survey Office (NSSO) report based on household consumer expenditure survey of 2011-12. Haryana and Kerala headed...
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