Saturday, January 28, 2012

Visiting a village economy is like meeting Adam Smith!!

I had a wonderful time visiting my village.

Some observations:

Private share Autos are competing with public transports in rural south India. Though, the price per km is high in private share autos but still people prefer private share autos because it saves their time, distance etc.

The village welfare schemes are highly misused for politicians private benefits.

The rapid development of information and communication technologies has limitation in terms of its positive impacts on village economy.

People in village economy are empowered.

Empowerment impact on local politics is something yet to happen.

Some interesting readings:

Reading the writing on the wall by K Satya and Parth Shah

Monday, January 2, 2012

Blinking links

Interesting readings on Indian political economy:

The year of living angrily by Prof Ashutosh Varshney

Reforms and the great divide by Yashwant Sinha

Par for the course by TC A Srinivasa Raghavan

Cracking the kerala myth by Prof Arvind Panagariya

Why one should give some credit to Dr Singh for telling the truths of socialist era of India? Read his address to the nation on the eve of New Year.