Arvind Virmani (for Info only, not official)

author

Arvind Virmani

We are collecting authors'profile. As soon as we get, we update it. Please note this is not official profile. The information including photo is collected from web.

| Contact |

| twitter |

| Linkedin |

    Media Object

    Short extract

    ...The author and consultant for the Indian part of the “hunger index” admitted that the index is mostly about child stunting, wasting etc, which have collectively come to be called “child malnutrition”. If the real problem is child malnutrition, then we need to understand this problem and find solutions to it, as we did over the last decade. When this author found objective survey data on “hunger” in India, both the Planning Commission and the Economic and Political Weekly vetoed its publication. Why? Possibly because it threatened too many intellectual vested interests. India’s under three-year-old child malnutrition rate was double the poverty rate and 20 times the percentage of the hungry in India (percentage of households in which any member had less than two full meals, on any day of the month, that is, even one day without two square meals counts as hungry). There are three broad aspects of malnutrition that must be kept in mind when devising strategies for dealing with it. One, the ability to access food items. ...

    Indian Express on Oct. 19, 2017, 12:33 a.m.

    Media Object

    Short extract

    ...The latter can take, and has taken, many forms over the years. Technology (Aadhar), and political will (demonetisation) allow India to finally begin to think big, and efficiently, in terms of redistributive policies. But the two are necessary, not sufficient, for successful implementation. There is money involved, and the last thing the Modi government should do is to revert to the bad old days of “in the name of the poor” corrupt policies like PDS, NREGA, loan waivers, fertiliser subsidies etc. There is a buzz around that the budget might contain a basic Income policy. One of us (Surjit) had offered a discussion of how Rs 1,000 per person per month could be transferred to every one in the bottom half of the population, and that the cost would be Rs 5 lakh crore (trillion). ...

    Indian Express on Jan. 19, 2017, 1 a.m.

    Media Object

    Short extract

    ...Illustration: C R Sasikumar The battle against black income has been an ongoing one. It was included in the manifesto of the BJP government and has been on the agenda since it came to power in May, 2014. Illustration: C R Sasikumar In his December 31 speech, Prime Minister Narendra Modi made a pointed reference to the fact that in 2013-14, as per official Ministry of Finance data, there were only 2.4 million individuals declaring incomes above Rs 10 lakh. As many have pointed out, no matter what the indicator used (number of big houses, luxury cars, yachts, private planes, etc.) this is too small a number for an economy the size and richness, of India. What this means is there is a considerable amount of tax evasion — a rough estimate of the order of magnitude is around Rs 6 lakh crore to Rs 9 lakh crore. This may be a strange coincidence but this number corresponds closely to our estimates of black cash in the Indian economy in 2016-17, or as of November 8, 2016. ...

    Indian Express on Jan. 14, 2017, midnight

    Media Object

    Short extract

    ...The reversal of these failed policies in the 1980s (IG2, Rajiv Gandhi) almost doubled the per capita growth rate to 3 per cent.This was further raised to about 5 per cent (1992 to 2012) by the reforms of the 1990s (Narasimha Rao, Atal Bihari Vajpayee).The decline of per capita growth to 2 per cent in 2012-13 has come as a shock to the youth who have grown up in the decade of 6 per cent average growth.The media exposure of high-level corruption at the Centre and pervasive governance failure across the country has heightened the outrage against the government for depriving them of this new hope of a bright future.There is also a perception that the decline in growth is due partly to the indifference of the ruling party and its ministers to the role of economic growth in creating opportunities for all, including the generation of revenues so essential for enhancing opportunities for the poor through the supply of public goods (public health, basic education and employable skills). ...

    Indian Express on Oct. 21, 2013, 4:04 a.m.

    Media Object

    Short extract

    ...This has the effect of slowing growth and increasing the probability of external crisis.The conventional wisdom in India is that a current account deficit (CAD) above 2.5 per cent of the GDP is a danger signal that requires urgent corrective action.Partly as a result of the global financial crises, the CAD jumped to 2.3 per cent in 2008-09 and to 2.8 per cent in 2009-10.Thereafter, it jumped to 4.2 per cent in 2011-12 and has remained high ever since.Between March, 2009, and March, 2013, the total external debt of the country went up by over 70 per cent, with short-term debt and external commercial borrowings (ECB) increasing even more rapidly (100 per cent and 90 per cent respectively). ...

    Indian Express on Aug. 9, 2013, 4:12 a.m.

    Media Object

    Short extract

    ...The purpose of this article is to clarify the issues and the solutions.The most important thing to understand is that the depreciation of the rupee is not the problem but merely a symptom of the underlying problem.Think of it as a red flag or a red alert that warns us of the need to correctly identify and address these underlying problems.The second thing to understand is that though the trigger for the depreciation is external (global capital market reaction to anticipated changes in US monetary policy), the fundamental problems and solutions lie within, not outside, the country.External actions can provide only temporary palliatives, and give us more time and/or space to solve our internal problems.What is the problem?The fundamental problem is a creeping loss of competitiveness, which needs to be reversed.The experience of countries in Eastern Europe and Latin America has taught us that there are three visible symptoms of this loss of competitiveness. ...

    Indian Express on June 26, 2013, 4:42 a.m.