India: Links for 8th July, 2019

  1. “The stark fact is that, by and large, there are few incentives for people to save water. There are few incentives for urban water utilities — who might lose 40 per cent of the water along the way— to become more efficient. There are few incentives for public investment in water supply. Needless to say, other than at the premium segment and in the unregulated tanker racket, no private investor will get anywhere close to the water supply business. That incentive is called price.”
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    Nitin Pai on one of the most important factors behind solving the water crisis: incentives.
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  2. “I would not be surprised if estate tax is reintroduced. The richest 10% of Indians own 77.4% of the country’s wealth. The bottom 60%, which is the majority of the population, owns 4.7%. The richest 1% own 51.5%. There is a huge gap between the rich and the poor, and estate tax can bring equality in distribution of income and wealth. This could be a significant step in that direction. Aside from the economic agenda, the reintroduction can be also politically guided.”
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    This post is being compiled on Friday, the 5th of July, 2019. The budget will say what it has to, and the estate tax may or may not come about. But this paragraph in particular, has much to unpack within it, as a student of economics. Best get a cup of coffee, sit with friends, and debate this piece threadbare.
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  3. ““I have no Homeland,” BR Ambedkar said to Mahatma Gandhi at their first meeting in 1931, “No self-respecting Untouchable worth the name will be proud of this land. The injustice and sufferings inflicted upon us are so enormous that if knowingly or unknowingly we fall prey to disloyalty to this country, the responsibility for that act would be solely hers.”Images of Ambedkar and Gandhi feature in Anubhav Sinha’s powerful film Article 15 – as in a scene where portraits of the two icons flank the desk of IPS officer Ayan (Ayushmann Khurrana), who is investigating caste murders in a small town.”
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    I have not yet seen this movie yet (although I certainly hope to. But that being said, I enjoyed reading this review, as do I enjoy reading practically anything written by Jai Arjun Singh. Scroll through to the bottom of the post for links to other reviews he’s done about movies related to caste in India.
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  4. “The irony, of course, is that not only that historian from a hundred years ago, but many even today, remain reluctant to embrace this aspect of our heritage and tradition. The colonizing of Indian minds in the colonial era by Victorian sensibilities was severe, added to which is generations of patriarchy—it will take time and patience before change comes to how history is imagined. Clubbing a courtesan with a mahatma may not immediately be understood or approved of by some. But that is precisely where the courtesan belongs, for, in the larger scheme of things and the big picture of our civilization, her role is no less significant than that galaxy of saints and monks we have all been taught to venerate.”
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    One, read this piece. Two, listen to this podcast. Three, buy this book. Each action will yield handsome returns.
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  5. “In 1962, India’s per capita GDP (in 2010 constant dollars) was almost twice that of China. India’s renewable internal freshwater resources per capita (henceforth per capita water), measured in cubic metres, was 75% of what it was for China in 1962. By 2014, the latest period for which water statistics are available, India’s per capita water had become 54% of what it was for China, even as China’s 2014 per capita GDP became 3.7 times that of India.”
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    We started with water in India, and let’s finish with water in India. An editorial from the Hindustan Times about water and how it has been (mis)managed in our country.
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Author: Ashish

Prof at Gokhale Institute, Pune, Blogger at econforeverybody.com, Podcaster at anchor.fm/backtocollege

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