Kaushik Basu: Why political gutfeel on economic policy is no substitute for rigorous analysis

Mint has reported a new India-focused policy development: “Cabinet okays ₹84,000 crore for Samudra Manthan, extends PM-Kisan.” The publisher's feed describes the story as follows: The Union Cabinet on Friday approved an ₹84,008-crore programme to accelerate deep-sea oil and gas exploration and extended the PM-Kisan scheme for another five years, with the aim of strengthening India’s energy security while boosting rural incomes and agricultural investment. Intellectual Janata Party includes thi

Mint has reported a new India-focused policy development: “Cabinet okays ₹84,000 crore for Samudra Manthan, extends PM-Kisan.” The publisher's feed describes the story as follows: The Union Cabinet on Friday approved an ₹84,008-crore programme to accelerate deep-sea oil and gas exploration and extended the PM-Kisan scheme for another five years, with the aim of strengthening India’s energy security while boosting rural incomes and agricultural investment. Intellectual Janata Party includes thi

The Times of India has reported a new India-focused policy development: “Commercial LPG prices cut by over Rs 200: Check 19-kg cylinder rates in Delhi, Kolkata.” The publisher's feed describes the story as follows: <![CDATA[Commercial Liquefied Petroleum Gas cylinder prices have been reduced effective August 1. A 19 kg cylinder in Kolkata saw a Rs 209 price cut. Delhi experienced a Rs 202 reduction for the same commercial cylinder. This marks the second consecutive month of price decreases for

The Times of India has reported a new India-focused policy development: “Commercial LPG prices cut by over Rs 200: Check 19-kg cylinder rates in Delhi, Kolkata.” The publisher's feed describes the story as follows: <![CDATA[Commercial Liquefied Petroleum Gas cylinder prices have been reduced effective August 1. A 19 kg cylinder in Kolkata saw a Rs 209 price cut. Delhi experienced a Rs 202 reduction for the same commercial cylinder. This marks the second consecutive month of price decreases for