n a discussion with Subhoranjan Dasgupta, Professor Patnaik, a distinguished economist from JNU, explores the widening wealth disparity and how a focus on GDP can be used to legitimise transfers to crony capitalists. https://thewire.in/economy/hunger-undernutrition-stalking-india-placed-worse-than-least-developed-nations-prabhat-patnaik
Which adjective would you use to pinpoint the nature and condition of the Indian economy – ‘baffling,’ ‘inexplicable,’ or purely ‘criminal’? While one side of the coin says that India is projected to become a $5 trillion economy and will soon emerge as the third-largest economy in the world, the other side emphasises that around 11% of the population is poor in India, according to World Bank data, and 189.2 million people still go to bed hungry every night.
19/07/2024
