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Articles

Home Articles

The Perversity of the Neo-liberal Fiscal Regime

  • December 16, 2019
  • Prabhat Patnaik
  • Finance, Macroeconomics
  • 0 Comments

When income growth slows down in an economy, so does the growth of tax revenue within the given tax regime. Since the government has certain expenditure obligations, to meet these obligations it has to either impose additional taxes or expand…

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For a System of Free Higher Education

  • December 10, 2019
  • Prabhat Patnaik
  • Development Economics
  • 0 Comments

A unique feature of Jawaharlal Nehru University is its student composition. A substantial proportion of students come from socially and economically underprivileged families; and yet there is considerable social inter-mixing among students, made possible perhaps by campus politics which breaks…

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Claims versus Reality: Who benefits from government funded health insurance?

  • December 5, 2019
  • Ankur Verma
  • Development Economics, Economy and Society
  • 0 Comments

Data from the recent survey show that health insurance coverage in India has not expanded at all between 2014 and 2018. Moreover, the benefits of health insurance disproportionately accrue to relatively richer households while the poor are left high and…

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End of the free trade myth

  • December 4, 2019
  • C. P. Chandrasekhar
  • Trade and balance of payments, World Economy
  • 0 Comments

Unless the Trump administration’s views on the WTO change dramatically, December 11 could mark the end of an era in global trade. On that date two more members (of the three in position out of a mandated seven) of the…

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Claims versus Reality: Who benefited from PM Ujjwala Yojana?

  • November 27, 2019
  • Dechen Dolma
  • Development Economics, Economy and Society
  • 0 Comments

Recently released NSS data and administrative data on LPG connections show that most LPG connections provided under the PMUY may not have reached intended beneficiaries. Survey data confirms that half of the rural households continue to use firewood, chips, crop…

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Claim versus Reality: Has India become open defecation free?

  • November 27, 2019
  • Suvidya Patel
  • Development Economics, Economy and Society
  • 0 Comments

The NSS Report No 584, based on the 76th Round survey, calls the bluff peddled by the government on the achievements of Swachh Bharat Mission. In 2018, when the government was claiming that only 1.7 per cent rural households did…

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When Evidence is Anti-national

  • November 27, 2019
  • C. P. Chandrasekhar
  • Macroeconomics, Poverty
  • 0 Comments

The NDA government has recently declared that it had made an unannounced decision to trash the ‘draft’ report of the official consumer expenditure survey relating to 2018-19. These benchmark surveys, normally conducted every five years in the past, are the…

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The Descent Ahead

  • November 26, 2019
  • C. P. Chandrasekhar
  • Finance, Fiscal Policy
  • 0 Comments

The Moody’s decision, citing a growth slowdown and policy inadequacy, to downgrade India by changing its credit rating outlook to ‘negative’ from ‘stable’, and doing the same for a bunch of financial institutions and firms in the power and infrastructure…

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Pathetic State of the Economy: Modi government hides data

  • November 25, 2019
  • Prabhat Patnaik
  • Economy and Society, Poverty
  • 0 Comments

The National Statistical Office (NSO) has decided not to release the quinquennial survey data on consumer expenditure for 2017-18. This is because these data, leaked by The Business Standard (Nov.15) show a drop of 3.7 percent in real per capita…

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The Argument about Competitiveness

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

With the government being forced to withdraw from the RCEP agreement, an argument has arisen: if India is not competitive with other countries in producing a whole range of goods, which is why the producers of such goods within the…

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