Kerala has a long history of foodgrains deficit, especially in rice. For instance, deficit in rice has increased steadily in the State from 45 per cent to 85 per cent between 1957 and 2008. However, not enough attention has been paid to mitigate the food insecurity problem in the State in the context where there has been a large scale decline in the area and production of paddy. This paper...
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Dr Arvind Virmani, Affiliate Professor (& Distinguished Senior Fellow), George Mason University (School of Public Policy-CEMP), and Executive Director, IMF interviewed by TCA Srinivasa-Raghavan
Given a positive regulatory environment, banks and other financial intermediaries will certainly be interested in using the smart card opportunity. Dr Arvind Virmani, with a Ph.D. from Harvard and 30 years of professional experience, is one of the most valued economists in the Government. Before he retired as Chief Economic Advisor in 2009, he had served in the Finance Ministry and the Planning Commission. A researcher par excellence, his research papers...
More »Universalization of food security law may take a hit, shows survey by Subodh Ghildiyal & Rajeev Deshpande
A pilot survey finding that 25-30% of the rural population can be automatically excluded from food security entitlements for below poverty line population might help forge a consensus between the government and the Sonia Gandhi-led National Advisory Council. The "automatic exclusion" criteria, devised on the basis of the N C Saxena report on methodology for a BPL census, is more liberal than the "bare bones" approach adopted by the government in...
More »Experts warn Africa must learn from India's microfinance problems by Teo Kermeliotis
It has been lauded as one of the most promising ways of using the market to reduce poverty and boost economies in some of the world's most deprived areas. But in recent months the work of microfinance institutions (MFIs), which provide small loans to poor people with no access to traditional banking services, has come under scrutiny after a spate of suicides in the Indian province of Andhra Pradesh was linked...
More »NREG scheme under debate at Chandor meet
The issue regarding the seemingly poor response to the national rural employment guarantee scheme ( NREGS) of the central government dominated the proceedings of the gram sabha of the Chandor village panchayat held on Sunday. It was pointed out that several cardholders under the UPA government's flagship project had later failed to undertake the work allotted to them, thus crippling the progress of the scheme in the village. The program officer...
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