By Pankaj Mishra 16 May: "Bhagwati, once a fervent supporter of outgoing prime minister Manmohan Singh, has even publicly applied for an advisory position with Modi's government. It may be because the nearly double-digit economic growth of recent years that Ivy League economists like him – India's own version of Chile's Chicago Boys and Russia's Harvard Boys – instigated and championed turns out to have been based primarily on extraction of natural resources, cheap labour and foreign capital inflows rather than high productivity and innovation, or indeed the brick-and-mortar ventures that fuelled China's rise as a manufacturing powerhouse. "The bulk of India's aggregate growth," the World Bank's chief economist Kaushik Basu warns, "is occurring through a disproportionate rise in the incomes at the upper end of the income ladder." Thus, it has left largely undisturbed the country's shameful ratios – 43% of all Indian children below the age of five are undernourished, and 48% stunted; nearly half of Indian women of childbearing age are anaemic, and more than half of all Indians still defecate in the open." jfr sosiologia 1970:1, s 68-69