Grand illusion of inclusive growth and poverty eradication, writes Arun Sinha

Grand illusion of inclusive growth and poverty eradication, writes Arun Sinha

The lasting solution to poverty is not free rations but employment with a decent income. The poor need money to meet both the food and non-food demands of their families.

MNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) | File pic Advertisement

The noted economist Surjit Bhalla’s argument that food subsidy has wiped out extreme poverty in India is highly erroneous. Bhalla, who arrived at this conclusion in a recent study done for the International Monetary Fund with two other economists, wants to make us believe that if only the stomachs of the poor are filled, poverty should […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.