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Posts by Maitreesh Ghatak

Union Budget 2016: A UPA-III Budget

In this article, Maitreesh Ghatak, Professor of Economics at the London School of Economics, contends that the Modi government presented a reasonably good United Progressive Alliance (UPA)-III Budget ...

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Bihar verdict: Development, cow politics, and caste

The Nitish Kumar-led Grand Alliance of JD(U)-RJD-Congress defeated the Modi-led NDA in the recent Bihar assembly elections. In this article, Maitreesh Ghatak, Professor of Economics at the London Sch...

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Angus Deaton: The real world economist

In a tribute to Angus Deaton, recipient of this year’s Nobel Prize in Economics, Maitreesh Ghatak, Professor of Economics at the London School of Economics, outlines Deaton’s contribution to econ...

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Moving beyond the growth-versus-redistribution debate

The two dominant narratives on the state of the Indian economy – one centred on growth and the other on poverty – are in a constant state of conflict. In this article, Maitreesh Ghatak, Professor...

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Land acquisition Act: Addressing both justice and prosperity

The Modi government’s land acquisition ordinance did away with the consent and social impact assessment requirements for private projects in certain sectors under UPA’s 2013 land Act. In this art...

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Land acquisition debate: The price is not right

The central government’s move to amend the 2013 land acquisition Act has come under criticism for being ‘anti-farmer’. In this article, Maitreesh Ghatak and Parikshit Ghosh argue that while the...

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Response to the Bhagwati-Panagariya rejoinder on MNREGA

In a recent article, Abreu et al. refuted the Bhagwati-Panagariya argument for phasing out MNREGA in favour of cash transfers. In this article, Abreu et al. respond to claims in a rejoinder by Bhagwa...

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(Mis)Leading attack on MNREGA

Bhagwati and Panagariya have argued for phasing out MNREGA in favour of cash transfers. In this article, Abreu et al. contend that the argument is based on inflating the costs of the programme and de...

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From 'Mess in India' to Made in India' as a global brand?

PM Modi recently launched the ‘Make in India’ campaign to attract investment and boost manufacturing. In this article, Maitreesh Ghatak contrasts the campaign with the Chinese model of economic g...

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Please weight

The latest wealth index by New World Wealth that looks at multimillionaires has ranked India eighth in the global rich list. This article contends that looking at absolute numbers may be misleading. ...

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Mirror, mirror on the wall, which is the most dynamic state of them all?

This column analyses the economic performance of 16 major Indian states over the last three decades. It finds that Bihar has improved the most during the 2000s, Kerala has always been a star performe...

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The Land Acquisition Act is deeply flawed

In the second part of the Land Acquisition Act debate, Ghatak and Ghosh argue that the legislation is ill-conceived and falls short on several counts. They contend that the formula for compensation i...

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