Economic and Political Weekly: Table of Contents

Monetary Policy Transparency under Uncertainty

Vol - L No. 41, October 10, 2015 

• Editorials

The central bank's rate reduction is consistent with its infl ation targeting approach.

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Burying Grass-roots Democracy

Vol - L No. 41, October 10, 2015 

• Editorials

Educational cut-offs for panchayats discriminate against women and the poor.

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Comment Modi's Diaspora Nationalism When the reality of a fractured society back home gets elided into a homogeneous "people of Indian origin." Read more	H T Parekh Finance Column People's Quantitative Easing A Jeremy Corbyn Proposal T Sabri Öncü The Labour Party of the United Kingdom (UK) was defeated in the 2015 general elections on 7 May. The next day, the leader of the party, Ed Miliband, resigned from his post and triggered the 2015 Labour Party leadership election. The election... Read more
Commentary Power for All Is Anything Being Learnt from Past Programmes? Ann Josey, Sreekumar N Power for All is the new programme to provide 24×7 electricity to the entire population by 2019. There have been many such plans in the past which have failed. What have we learnt from those experiences? There remain many concerns about the... Read more	Commentary Report to the UN Human Rights Council on Sri Lanka An Evaluation Rohini Hensman One of the most striking features of the report by the Office of the High Commissioner for Human Rights Investigation on Sri Lanka, 2015 is its consistent effort to be even-handed in its view of Government of Sri Lanka and Liberation Tigers of... Read more
Commentary Balancing Affordability and Availability in a Drug Patent Regime Viswanath Pingali, Chirantan Chatterjee India needs to find an optimal patenting regime that will safeguard incentives for innovation while simultaneously ensuring that medicines are available at reasonable prices. Read more	Commentary Access to Education in Tribal Areas Rethinking the Traditional Approach Ashutosh Jindal What are the challenges in providing quality education in hilly and tribal areas? This article argues that the current educational structures, even when properly implemented, may not meet the needs of students in such areas. Based on a field... Read more
Commentary Natural Gas Pricing Misleading Recommendations Surya P Sethi In the important (and controversial) area of prices for natural gas there are relentless efforts by deeply vested interests to obfuscate facts and misinform this impoverished and energy-starved nation about how prices should be set and what they... Read more	Commentary China's Falling Rate of Profit and the Coming Economic Crisis Zhi Li, Minqi Li China's rapid growth has been based on the intense exploitation of the working class, ruthless environmental degradation, and exports to the global capitalist market. However, all three conditions required for China's capital accumulation have... Read more
Book Reviews India's Democracy: Illusion of Inclusion Alpa Shah, Jens Lerche Interrogating Inclusive Growth: Poverty and Inequality in India by K P Kannan, New Delhi: Routledge, 2014; pp xx + 310, Rs 795. Persistence of Poverty in India edited by Nandini Gooptu and... Read more	Book Reviews Look East through North East Subir Bhaumik India's Look East Policy and the Northeast by Thongkholal Haokip, New Delhi: Sage India, 2015; pp xvi + 190, Rs 795. The Look East Policy and Northeast India by Gorky Chakraborty and Asok... Read more
Perspectives Feminism's Futures The Limits and Ambitions of Rokeya’s Dream Rajeswari Sunder Rajan What do feminists want? What visions of an ideal society have we conceptualised or dreamt of? What are the possibilities and limits of iterations of a feminist futurity? Even as we ask, however, we are brought up short by a more... Read more	Special Articles The New Indian State The Relocation of Patronage in the Post-Liberalisation Economy Kanchan Chandra Describing the relocation of the patronage-based relationship between the state and the private sector in post-liberalisation India, this article goes on to address the consequences of this relationship for democracy. It points out that the... Read more
Special Articles Well-being, Inequality, Poverty and Pathways Out of Poverty in India R Radhakrishna This paper first makes a comprehensive assessment of the performance of states in the post-reform period in terms of growth as well as reduction of income poverty and multiple deprivations. It then investigates whether there is any systematic... Read more	Special Articles Impact of Private Tutoring on Learning Levels Ambrish Dongre, Vibhu Tewary Despite widespread and substantial household expenditure on private tutoring in many developing countries, not much is known about their effects on learning outcomes. The main challenge in estimating such an effect is that the decision to send... Read more
Notes Services Growth in India Rajarangamani Gopalan, Manak C Singhi Macroeconomic data shows a lack of improvement in the incremental capital-output ratio along with diminishing total factor productivity in India's services sector--surely a warning. If far-reaching measures are not taken, India may soon be unable... Read more	Discussion Double Deflation Method and Growth of Manufacturing A Comment Ravindra H Dholakia This comment points out an erroneous assumption in the calculations and central argument of Rajakumar and Shetty ("Gross Value Added: Why Not the Double Deflation Method for Estimation?," EPW, 15 August 2015) that reverses almost all... Read more
Postscript Guru Power Shobhit Mahajan Riding on the exponential power of networks, godmen and charlatans like Guruji exploit the fraternal feeling amongst fellow followers to offer specious solutions.    Read more	Postscript Atithi Devo Bhava in Japan E S Krishnamoorthy As a society, the Japanese exhibit exquisite politeness and immeasurable hospitality in the manner in which they deal with visitors and guests.  Read more
Postscript Dead Meat Nazreen Fazal At his death bed He said ‘I have no beef with you Dear neighbours Just an advice... Read more	Postscript The View from Above Toothcomber Subsidies