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Subhasish Dey
Subhasish Dey is a Senior Teaching Fellow at the Economics Department of University of Warwick, UK and Senior Research Fellow at Global Development Institute, University of Manchester, UK. He is a development economist. He did his Ph.D. in Economics from University of Manchester, UK. Before joining in University of Warwick in January 2019, Dr. Dey has taught Economics at the University of Manchester, University of Yok and The New College of Humanities, London.
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Atmanirbhar Bharat Abhiyan: Putting the cart before the horse
In an attempt to tackle the economic crisis triggered by the Covid-19 pandemic, Government of India announced a Rs. 20 lakh crore Atmanirbhar Bharat Abhiyan financial package, equivalent to 10% of India’s GDP. In this post, Dey and Kundu present a detailed analysis of the package and contend that the actual stimulus component is only about 1.27% of GDP. They propose a modified package equivalent to 5% of GDP, with a focus on stimulating demand in the economy.
Can MNREGA improve credit worthiness of participating households?
Based on household survey data from West Bengal, this column analyses the impact of MNREGA on economic outcomes of participating households. It finds that the ‘local’, ‘guaranteed’ and ‘government-related’ nature of MNREGA work helps improve credibility of workers with potential lenders such as grocery store owners, if they participate in the programme in a sustained manner. Access to informal credit helps improve consumption.
Do Gram Panchayat leaders favour their own constituencies in MNREGA fund allocation?
Political incentives are known to play a role in the allocation of public resources from upper- to lower-tier governments. This column seeks to examine whether ruling parties in local governments favour their own constituencies in allocating MNREGA funds, if they target their core supporters or swing voters, and if this has any electoral returns.