Deaton was at a loss when asked what the future held.
How should one billion Indians, for whom deprivation has become an inescapable way of life, join us in celebrating 75 years of Independence? And where do we go from here? asks Kalyan Singhal.
The government's decision to release the reports comes two days after over 200 scholars from across the globe issued a statement demanding release of all withheld reports produced by the NSO, including the household consumer expenditure survey that was junked.
Angus Deaton's Nobel Prize should spark off more research on the measurement and usefulness of poverty percentages.
There's no silver bullet to get rid of poverty, says Alok Sheel.
And with prices low, the equilibrium real exchange rate will also be low, that is to say depreciated.
It is actually quite remarkable that EPW has survived for so long. "I see it as a journal of dissent," says Rammanohar Reddy and is thankful to the EPW community for keeping it relevant.
India can become a better place to do business only when exports begin to boom.
'What is forgotten but is actually as important for a society's long run success is morality.' 'Morals and trust are the nuts and bolts of an economy.' 'Without those you can get short run success, but not long-run development.'