The recession is a promising moment to expand NREGA with greater emphasis on building social capital in a big way.  Soon after assuming office, the first UPA government took an impressive step for the alleviation of rural poverty by launching the National Rural Employment Guarantee Scheme. It was, indeed, a wise move to insulate the programme from the vicissitudes of electoral politics by enacting the National Rural Employment Guarantee Act...

Several civil society organisations of Tamil Nadu are getting together to organise a Peoples’ Audit in the state to assess the need and efficacy of the proposed 139 Special Economic Zones (SEZs) that are in various stages of approval. The audit will take place from October 24 to October 26 and members of the media are welcome to participate and witness the exercise in the presence of eminent economists, social...

The stalled Land Acquisition Bill should be completely overhauled. In both China and India the issue of land acquisition has become politically very sensitive. In China by official reports more than 66 million farmers have been dislocated in recent years for various commercial development projects. Local officials in cahoots with local business have been rather cavalier in this matter, and this has inflamed passions in the countryside. In India the...

India’s growth is not falling, although it is not as high as before If there is a crisis, there should be economics to deal with it; what use are economists if they are not around to help out when things get bad? And it is not enough to have economics. There was plenty of economics in 1929. As output and employment plummeted, economists said, this is good. It will take...

Academics can have relevance beyond the printed word and Jean Dreze has proved that this is indeed the case. He has deservedly won the Economic Times’ Policy Change Agent of the Year 2009 for his outstanding work in poverty alleviation and rural employment. A development economist, Dreze has taken his academic persuasions to the real world — he not only played a major role in designing the National Rural Employment...