Could the Great Indian Middle Class be the Great Indian Mythical Class? A proposed new international definition of what constitutes the middle class in a developing country has thrown up a startling conclusion by global standards, India has no middle class. Noted economist Nancy Birdsall, president of the Center for Global Development, has proposed a new definition of the middle class for developing countries in a forthcoming World Bank publication,...
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‘Centre has not addressed climate change impact on food security' by Gargi Parsai
The Centre has so far not addressed the problem of climate change impact on agriculture and food sector, a panel of experts participating in a national conference on ‘Ensuring Food Security in a Changing Climate' observed here on Saturday. While it is estimated that agriculture in the productive areas of South Asia will be amongst the worst affected, with predictions that almost 40 per cent of the production potential could be...
More »What about the farmers?
While the government's recent clarification on the policy on foreign investment in wholesale trade is welcome, it needs to be complemented with a policy to empower our farmers to interact with modern, organised retail productively. Organised retail can catalyse a second green revolution in India when farmers become empowered to negotiate prices for their produce with retailers. The industry ministry's recent guidelines for wholesale trade, known as cash and carry,...
More »The Economy of Knowledge by Sukanta Chaudhuri
In our 63rd year of Independence, the Right to Education Act comes into effect on April 1. On the eve of its launch, the Union education minister has balanced our perspective by another resolve. India’s enrolment rate for higher education is around 12 per cent. He would increase this to 30 per cent, in line with the advanced nations. There is only one snag. Unlike in advanced countries, one Indian in...
More »Unequal burden by Jayati Ghosh
Increased representation for women can unleash a broader process that can be set in motion by the strength of sheer numbers. One measure of whether it is important to have women in important policy formulation roles is to examine how a largely male-dominated system of government has served women. It turns out that India performs very poorly in this regard. Despite a few heartening examples to the contrary, in general Indian...
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