-The Business Standard Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough Recently, the Reserve Bank of India governor exuded confidence that the Indian economy will do fairly better in the current fiscal. While it is difficult to envisage a significant turnaround, we believe interpreting the recent inflation uptick may be the key to such optimism. We also think that inflation (both wholesale and retail)...
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Healthcare for India’s workers
-The Hindu The Union Ministry of Labour has done well to raise the salary cap for availing Employees' State Insurance (ESI) to Rs.25,000. While the move is expected to expand coverage to an additional five million workers and their dependents, this is still small comfort in a country where barely three per cent of the workforce enjoys any social protection. The evolution of ESI has been characterised by an accent...
More »Fellowship of apathy-Sreelatha Menon
-The Business Standard The Prime Minister's Rural Development Fellows are being pampered with funds to serve for just two years The Prime Minister's Rural Development Fellows scheme, announced two years ago, sounded like a novel way to connect educated youth to the problems of backward rural areas hit by Maoist violence. But it is now surrounded by questions as its financial size is now larger than the problem it seeks to solve...
More »Direct cash transfers: 'The previous system was so much more convenient' -Ruhi Tewari
-The Indian Express Rajasthan/ Delhi: Three states where the UPA govt has rolled out direct cash transfers go to polls later this year. On the ground, the scheme has not quite turned out the game-changer the government reckoned it would. A frail Gori Sahaab, 90, instructs his son to pour mustard oil into a tiny diya in his one-room house. He once used a kerosene lamp but has stopped buying that fuel....
More »Middle class poised to play greater role in 2014 elections: Zoya Hassan
-The Hindustan Times In recent years, there has been a constant stream of international attention given to the Indian middle class. Thanks to the expansion of this class, India's image has dramatically changed since the 1990s. Instead of the narrative about grinding poverty, India is now seen as the heart of new capitalism that is associated with high rates of growth as well as the consumerist elite and middle classes. The...
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