By Jean Drèze & Reetika KheraWord has it that World Bank economists use “obviously fabricated” data from time to time. This not the first time that World Bank economists skate on thin ice. Another recent example concerns the widely-quoted estimate of $11 billion annual savings (or potential savings) due to Aadhaar. After we drew attention to this error, others pursued the matter and the World Bank arranged for soft copies of WDR 2016 to carry a correction. Could it be that this imaginative definition of welfare programmes was retrofitted —so to speak — to the pre-determined “estimate” of $11 billion savings?

Source: Economic Times February 07, 2018 20:01 UTC