-Livemint.com/ Bloomberg To join the global middle class, India must do much better Max Roser is at it again. The Oxford professor and master of economic data visualization has a new set of maps and charts showing how global income and inequality have changed during the last couple of centuries. The upshot is that while the world has gotten steadily richer that entire time, something very special and very good has...
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Experts: Monetary loss cause of farmer suicides -Ashok Pradhan
-The Times of India BHUBANESWAR: Experts feel that notwithstanding individual causes behind farmers' suicides, so many of them resorting to the extreme step shows that the average peasant in the state is in severe monetary distress. Unofficial sources put the death toll at 40 in the past two months. "Some of the suicides may turn out to be for reasons other than agricultural loss. But, the larger picture indicates financial constraints are...
More »The pulse of pulses -Renu Kohli
-Livemint.com Though pulsations may eventually ease, it is time to think of long-term cures Pulses have been throbbing hard and loud in India for sometime now. And not only because of prices, but also the pace in which it acceleRATed to 30% annually last month, three times the RATe of increase six months ago. Besides angry television anchors and electoral evocations, hoarding, raids and truck thefts have set hearts thumping too....
More »Poverty is falling fast in India, but we still measure it terribly -Rukmini S
-The Hindu Business Line Earlier this month, the World Bank decided to raise its global poverty line from $1.25 per day (in Purchasing Power Parity or PPP terms) to $1.90. A monumental change in global poverty took place earlier this month, but don’t be surprised if the world doesn’t look very different to you. Earlier this month, the World Bank decided to raise its global poverty line from $1.25 per day (in Purchasing...
More »Angus Deaton and the great Indian poverty debate -Himanshu
-Livemint.com Nobel to Deaton calls for a celebRATion of not just his own work but also the contributions of a number of Indian economists who have engaged with similar issues The announcement of Angus Deaton winning the Nobel Prize in economics was unexpected but not surprising. His body of work over the years has influenced many of us who have worked on issues of poverty, nutrition and food security. It is...
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