-PTI GANDHINAGAR (Gujarat): World Bank on Sunday said India can grow at 6.4 per cent in 2015 and accelerate further next year, but cautioned that an enduring "bias" on the basis of caste and other factors can impede prosperity. The government, however, is well aware of this issue and the World Bank sees India as "a bright spot in an otherwise mediocre global economic outlook," the multilateral lending agency's president Jim Yong...
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Revisiting rural indebtedness - CP Chandrasekhar
-Frontline The problem in rural India is not one of too much credit to poor households that leads to debt waivers that damage Bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...
More »City must be equitable, not smart -Medha Patkar
-The Indian Express Just a few years ago, the World Bank in its World Development Report claimed that migration from rural India to urBan centres is "natural" and the same should not be interrupted or prevented through schemes like the MGNREGA. This was a shocking statement to all those who know why there is huge and ever-growing migration to cities, not only of the labour class but also of farmers and small...
More »Chemical fertilizers to be Banned from 2016
-The Hindu Implementation in a phased manner: Mohanan ALAPPUZHA (Kerala): Agriculture Minister K.P. Mohanan has said that the government is seriously considering a Ban on use of chemical fertilizers in the State. He was inaugurating an exhibition-cum-sale of dairy, agricultural, and industrial products organised by the Chengannur block panchayat here on Wednesday evening. Mr. Mohanan said the government was mulling over implementing the Ban in a phased manner from next year. He said a study...
More »India has enough land for farming but there are other bigger issues to worry about -Vivek Kaul
-FirstPost.com One of the fears that has been raised in the aftermath of the government promulgating an ordinance to amend the Land Acquisition Act is that land will be taken away for other purposes and given that, the amount of land used for farming will come down dramatically. This is a very specious argument that is being made. Data from World Bank shows that around 60.3 percent of India's land area is...
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