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Poor Economics

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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
UPA-nomics: How to hoard grain and let food prices soar

Mar 06, 2013

UPA-nomics: How to hoard grain and let food prices soar

The government is hoarding Rs 60,000 crore worth of excess rice and wheat stocks. But it is also letting food inflation soar. How daft can policy get? #Inflation #Poor Economics #Food Stocks #Rice and Wheat
Caveats on cash transfers: Don't over-commit, don't screw up

Dec 15, 2012

Caveats on cash transfers: Don't over-commit, don't screw up

Direct cash transfers will work if they are designed well. But it is important not to over-commit resources, says Abhijit Banerjee of MIT. #Poverty #Q&A #Abhijit Banerjee #Poor Economics
Economist Abhijit Banerjee in UN development panel

Aug 01, 2012

Economist Abhijit Banerjee in UN development panel

Indian economist AbhijitBanerjee is among the 26 people who have been named by UNSecretary General Ban Ki-moon as members of a high-level panelto advise the world body on the global development agenda beyond 2015. #United Nations #NewsTracker #Abhijit Banerjee #Poor Economics
Sonia Gandhi's pals turn critics on the Food Security Bill

Feb 29, 2012

Sonia Gandhi's pals turn critics on the Food Security Bill

The votaries of food security find the UPA's Food Security Bill seriously flawed. They want universalisation without centralisation. #Sonia Gandhi #NAC #Malnutrition #Right To Food #Poor Economics #FoodSecurity