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Sure, poverty fell, but no thanks to UPA's NREGA

Jul 24, 2013

Sure, poverty fell, but no thanks to UPA's NREGA

The UPA is busy massaging statistics to show jobs went up and poverty fell down in its tenure; it partly true, but don't believe the spin behind the message #MGNREGA #PoorEconomics #Welfarism #Tendulkar Poverty Line
Chidu digs a well with FDI reforms as fire consumes rupee

Jul 17, 2013

Chidu digs a well with FDI reforms as fire consumes rupee

Opening up many sector for higher FDI is good, but not when India is in poll mode. On the other hand, Chidambaram has fallen flat on his face with the RBI's decision to raise overnight rates #P. Chidambaram #Interest rates #FDI #Economic crisis #PoorEconomics
Food security is poor politics too, but who cares

Jun 25, 2013

Food security is poor politics too, but who cares

The Food Security Bill is poor economics and also poor politics, but that's not why politicians love it #UPA #Congress #Narendra Modi #Public Distribution System #Food security #Nitish Kumar #Food Security Bill #Poor Economics
How UPA will destroy the food market and feed the rich

May 10, 2013

How UPA will destroy the food market and feed the rich

The combo of the Food Security Bill and the move to revise MSPs using a different methodology from the one used by the CACP will destroy the grain markets and embed inflation permanently in the economy. #CACP #Poor EconomSPs #Ramesh Chand Committee
Bad news for poverty-wallahs: India is less hungry now

Mar 11, 2013

Bad news for poverty-wallahs: India is less hungry now

An NSS survey shows that almost all people are now reporting eating two square meals a day. So why then do we need a universal Food Security Bill? #Poverty #Hunger #Poor Economics

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Bad news for poverty-wallahs: India is less hungry now

Sep 20, 2014

EXCLUSIVE: Stringer suggests Battery Park send extra cash to NYCHA

It's like Robin Hood economics — taking from the rich to give to the poor. The Battery Park City Authority ends each year with a fat budget surplus, while NYCHA comes up short year after year. City Controller Scott Stringer has a novel idea: Have the... #Battery Park City Authority #Robin Hood
Bad news for poverty-wallahs: India is less hungry now

Sep 18, 2014

Taxes just one factor in Greater Springfield Area income inequality, Standard & Poor's study says

Economists who work to reduce that gap in the Pioneer Valley stress that taxes are just one piece in an increasingly complex fiscal puzzle. A Standard & Poor's study released Monday revealed a link between high income inequality and lower state tax r... #Washington, D.C. #Massachusetts #Standard & Poor's #Connecticut #Census Bureau #New York (state) #Springfield, MA
Bad news for poverty-wallahs: India is less hungry now

Sep 16, 2014

Consumer Protector Cordray: Corinthian Colleges Deceived and Bullied Students

For a couple of years now, I've argued that Corinthian Colleges might be the worst predator of all the big for-profit college companies, a remorseless giant engaged in endless abuses of students who needed career help, not more problems. But now that... #Barack Obama #Joseph E. Stiglitz #Corinthian Colleges, Inc. #DeVry Inc. #University of Phoenix