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Posts by Maitreesh Ghatak

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...

  • Perspectives

(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...

  • Perspectives

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...

  • Perspectives

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. ...

  • Perspectives

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...

  • Articles

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...

  • Perspectives

Cash Transfer versus In-Kind Transfers: A conceptual framework and preliminary evidence

This project studied the performance of a conditional cash transfer scheme called Mukhyamantri Cycle Yojana, which provides money to purchase a bicycle to every student who is enrolled in standard nin...

  • IGC Research on India

The Chit fund crisis: Should not put all financial intermediaries in the same bracket

The government has announced a bailout package for the participants of unregulated saving schemes that have been put at risk by the current Chit fund crisis in West Bengal. In this article, Banerjee ...

  • Perspectives

Developing a Land Acquisition Policy for India

The Land Acquisition Bill is a key piece of legislation under consideration in the Indian Parliament. This column argues that the current policy on compensating landowners, as proposed in the Bill, is...

  • Articles

Land acquisition: Is there a way out?

India is hungry for space to grow into a developed economy. Yet this hunger is increasingly raiding farmland and threatening traditional livelihoods. For some, this is a necessary evil, for others it...

  • Articles

Land Acquisition for Business and Compensation of Displaced Farmers

This project addresses the question of how farmers displaced by acquisition of agricultural land for the purpose of industrialisation ought to be compensated. Prior to acquisition, the farmers are lea...

  • IGC Research on India

Case study on successful land acquisitions in Bihar

This project addresses the question of compensation policies for rural communities that lose their traditional lands and livelihoods to make way for business (e.g., industry, commercial agriculture, u...

  • IGC Research on India