-CaravanMagazine.in Thomas Piketty's comments on inequality allude to the same structures that surround Rohith Vemula's tragic death. On 21 January 2016, addressing a packed hall of students and scholars at Delhi’s Jawaharlal Nehru University, the French economist Thomas Piketty gave a talk in which he discussed the history of taxation, inequality and capital in the twenty-first century. Superficially, Piketty’s discourse appears to be entirely distinct from another recent discourse on inequality—that...
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The economics of Delhi's odd-even policy -Roshan Kishore
-Livemint.com Despite its positive features, the scheme may not be adequate to tackle pollution in the national capital Delhi’s unique experiment of having odd-even numbered vehicles off the roads on alternate days to combat high levels of air pollution has ignited a debate on the merits and efficacy of the policy. A recent Indian Express article, co-authored by US-based scholars Michael Greenstone, Santosh Harish, Anant Sudarshan and Rohini Pande, argued that the odd-even...
More »Wholesale food inflation at 17-month high
-Business Standard Deflation in manufacturing continues, food inflation picks up Wholesale price index (WPI)-based deflation persisted for a 14th straight month in December, the index dropping 0.7 per cent as compared to one of almost two per cent in November. However, food inflation rose to 8.17 per cent, the steepest in 17 months, from 5.2 per cent. This was on more expensive vegetable and non-vegetarian items, prompting economists to say the Reserve Bank...
More »Give highest priority to rural job guarantee scheme in Budget, eminent citizens tell Jaitley
-The Hindu Business Line New Delhi: Ahead of the Budget, eminent citizens across the country have written an open letter to Finance Minister Arun Jaitley requesting him to accord “highest priority” to the rural job guarantee scheme, MGNREGA, and allocate additional ₹5,000 crore to the Ministry of Rural Development. “Subsequent Budget estimations and allocations to the programme must be brought in line with inflation; be measured and maintained as a percentage of...
More »Think different on infrastructure
-The Hindu When the going gets tough, public investment must be stepped up to pump-prime a slow-moving economy facing uncertain headwinds of low commodity prices and faltering international trade. When the going is good, the private sector would also have a role to play, Finance Minister Arun Jaitley has said, vowing to ramp up infrastructure investments in 2016-17. Ten months ago, in his first Budget for a full financial year, Mr....
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