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Yearly Archives: 2019

Home 2019

Can Ayushman Bharat National Health Protection Mission protect health of India’s Poor?

  • February 20, 2019
  • Subhanil Chowdhury and Subrata Mukherjee
  • Development Economics
  • 0 Comments

The recently introduced Ayushman Bharat National Health Protection Mission has been projected as a big public intervention in the health sector for protecting the health of India’s poor and vulnerable. The health insurance scheme under Ayushman Bharat promises to offer…

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Is the Banking Sector out of the Woods yet?

  • February 20, 2019
  • Prasenjit Bose and Zico Dasgupta
  • Development Economics
  • 0 Comments

The NDA regime has been characterised by a steep rise in NPAs and frauds, and a misguided view of 'corrective action'. click here for Full article (A shorter version of the article was published in The Hindu Businessline.)

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The Anatomy of Imperialist Intervention

  • February 20, 2019
  • Prabhat Patnaik
  • World Economy
  • 0 Comments

What is happening in Venezuela today provides an object lesson on the nature of imperialist intervention in third world countries in the era of neo-liberalism. Imperialism has of late intervened along similar lines in other Latin American countries, notably Brazil;…

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Resources for Welfare Expenditure

  • February 19, 2019
  • Prabhat Patnaik
  • Economy and Society, Finance
  • 0 Comments

The basic income scheme that is in the air these days, which amounts to handing over a certain sum of money to every household to ensure that it reaches a threshold cash income, is an extremely flawed scheme. Instead of…

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The Apparent Enigma of Growth

  • February 18, 2019
  • Prabhat Patnaik
  • Trade and balance of payments
  • 0 Comments

At first sight it appears to be an enigma. India has been recording according to official statistics one of the highest GDP growth rates among all the countries of the world, so much so that epithets like “emerging economic superpower”…

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The Apparent Enigma of Growth

  • February 18, 2019
  • Prabhat Patnaik
  • Food and Agriculture, Poverty
  • 0 Comments

At first sight it appears to be an enigma. India has been recording according to official statistics one of the highest GDP growth rates among all the countries of the world, so much so that epithets like “emerging economic superpower”…

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The Great Budget “Cash for Votes” Scam – and Other Cash Transfer Schemes

  • February 15, 2019
  • Jayati Ghosh
  • Interim Budget 2019-20
  • 0 Comments

The big-ticket item in the “Interim Budget 2019-20” was the announcement of a cash transfer to farmers holding less than 2 hectares, of Rs 6,000 per household to be paid in three instalments of Rs 2,000 each. Estimated to cover…

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Science and Subterfuge in Economics

  • February 15, 2019
  • Jayati Ghosh
  • Industry
  • 0 Comments

Jayati Ghosh points out that “mainstream economics has operated in the service of power”, which has made the subject less relevant and reduced its legitimacy and credibility. Economics needs to become more open to criticism of assumptions, methods, and results.…

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The Skewed Structure of India’s Bond Market

  • February 12, 2019
  • C. P. Chandrasekhar and Jayati Ghosh
  • Finance
  • 0 Comments

India’s efforts to activate its corporate debt market, not least by periodically raising the ceiling on investment by foreign portfolio investors in corporate bonds, are yet to succeed. Mobilisation of capital through the issue of corporate bonds has just about…

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Budgetary Sops Will Do Little to Fix Unemployment and Poverty in India

  • February 5, 2019
  • Sunanda Sen
  • Interim Budget 2019-20
  • 0 Comments

The recent interim budget clearly reflects concerns that a majority of India’s people, especially in the agricultural and informal sector, have experienced hardship despite the on-going and relatively high growth in the economy. Palliatives designed to lessen these hardships include…

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