The NREGA, as feared, has caused tremendous harm and will continue to play havoc on the Indian economy. The Right to Education (RTE) is another act that will surely help destroy whatever little there is left of the Indian education… Read More ›
NREGS — National Rural Employment Guarantee Scheme
The National Rural Corruption Guarantee Scheme — Revisited
The National Rural Corruption Guarantee Scheme (NRCGS) was the title of a post from Nov 2007, one of a series of posts dealing with the National Rural Employment Guarantee Scheme, starting with one in Nov 2004 on “Sir, won’t you… Read More ›
Google for Missing Details
Sunita Narain’s article “Missing Details” in the Feb 26th edition of Business Standard talks about the National Rural Employment Guarantee Scheme (NREGS). (Hat tip: A Sarda.) Creating productive assets such as forests and reservoirs is good for the economy, and… Read More ›
Does the NREGS Cause Inflation?
It makes sense to know a bit of economics, just as it is good to know how to do arithmetic. You don’t need to get yourself a PhD in mathematics in some area like topology or Lie groups. You just… Read More ›
National Rural Corruption Guarantee Scheme
Over two years ago, in Aug 2005, I had written that the national rural employment guarantee scheme (NREG) will ultimately end up increasing the number of poor and deepening poverty — which of course was easy enough to predict since… Read More ›
The Great White Hope — Our Beloved Leader
The Hindu of 27th May carried a news item ( “Tell all job scheme is Congress brainchild“) which crystallizes the idea of India like nothing else I have come across of late. It quotes Dr. Singh: “I request that you… Read More ›
The National Rural Employment Guarantee Scheme
In a land where reportedly every generalization is trivially true, one generalization holds non-trivially and with overwhelming force. It is this: Indian governments are pro-poor. Every policy that any government ever espouses, fundamentally it always is pro-poor, irrespective of any… Read More ›
Sir, won’t you buy this bridge and the Employment Guarantee Act?
The converse concept of bounded rationality, it seems to me, must be unbounded stupidity. So is the statement that humans exhibit bounded rationality merely an euphemism for the fact that humans are prone to unbounded stupidity? A moment’s reflection should… Read More ›
