In The Media ⁽⁴⁰⁰⁾

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(Full text and external link unavailable) (Op-ed with Jagdish Bhagwati) The Africa Act offers more to US lobby groups than to participant countries.

(Full text and external link unavailable) (Letter) It is possible to immediately reduce poverty by redistributing from a fixed pie. But even that must be discounted when the pie is small and poor are many. Give every Indian his country's per-capita income and you will have him living on a dollar and 10 cents daily.

The calls for very large duties on imports by Prakash Singh Badal, the chief minister of Punjab, are misplaced Economic Times, June 21 2000 “Imported dairy products flood Punjab's market, sounding the death-knell for marginal farmers,” says the headline of an article published in a recent issue of Outlook. Thanks to the “glut of imported butter oil and milk powder,” continues the article, Punjab has been turned from “the proverbial land of milk and honey” into “the land of milk, more milk and tears.” The magazine’s claim is, of course, disingenuous. The phenomenal success of the dairy industry under the charismatic leadership of Dr. Verghese Kurien has culminated in India becoming the world’s largest producer of milk today. One wonders how just 40,000 tonnes of imports, which is all the milk that has been imported according to Outlook’s own account, could lead to a glut in a country that produces 75 million tonnes of its own milk every year. To be sure, dairy farmers in Punjab and elsewhere are under stress; prices of milk and milk products have experienced a…

Review in India Today of Eight Lectures on India’s Economic Reforms by T. N. Srinivasan. These eight gems, cut and shaped to perfection by a master craftsman, offer the reader a panoramic view of the economic reforms undertaken by India since 1991 and those that still await it. Read full article These eight gems, cut and shaped to perfection by a master craftsman, offer the reader a panoramic view of the economic reforms undertaken by India since 1991 and those that still await it. Do not be deceived by their small size - eight of them together span less than 100 pages - they hold the potential to illuminate the layman and the connoisseur alike. Anyone undertaking a short journey and wishing to give himself a crash course on the Indian economy will be well advised to take this book along. The book brings together eight lectures that T.N. Srinivasan delivered in July 1998, as the first Visiting V.K.R.V. Rao Professor at the Institute of Social and Economic Change, Bangalore. The lecture format imposes a certain discipline, especially on length,…