The Central Statistical Organisation estimate of overall GDP being likely to grow at 7.2 per cent this year has brought back the confidence of the industry and policymakers that the economy has truly turned the corner. But the growth of the farm sector is almost flat (-0.2 per cent), though this too is a pleasant surprise given that it was exposed to the worst drought since 1972. The real worry...
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Horticulture mission raises hopes of farmers by Vidhya Sivaramakrishnan
Central scheme boosts crop yields significantly, but suffers as NREGA’s success eats into the available workforce S. Mallika, 27, is expecting a windfall this year. The farmer from Kurumpatti village in Tamil Nadu’s Krishnagiri district owns a 5 acre tract, which has been yielding an annual income of Rs50,000 for her family—until now. This year, Mallika is confident her earning would be six times more—Rs3 lakh—and that too from just 1,000 sq....
More »Preserving world’s biodiversity vital for economic development, UN official warns
Saving the world’s myriad diverse species, which are being lost to human activity at an unprecedented rate that some experts put at 1,000 times the natural progression, is vital not just for environmental reasons but for the economic well-being of humankind, a senior United Nations official said today. “Without preserving biodiversity and preserving our natural habitat, the Millennium Development Goals (MDGs) just cannot be achieved,” UN Development Programme (UNDP) Environment and...
More »Too Hot to Handle by SL Rao
I have been an advisor to The Energy and Resources Institute or Teri, a distinguished visiting fellow there since 1996, except when I was the chairman of the Central Electricity Regulatory Commission, the director-general of the National Council of Applied Economic Research, the chairman of the Institute for Social and Economic Change and on boards of management and economic research institutions. This disclaimer is intended to forestall motives being ascribed...
More »Kerala's paddy war by Shree Padre
Dr U Jaikumaran is breathless with excitement over the phone. “The next five days will be hectic and crucial in our war against hunger. We have to transplant rice on 300 acres in just five days.” Dr Jaikumaran, a professor at the Kerala Agriculture University (KAU), has been building a Food Security Army (FSA) – men and women in green uniforms organised into nine regiments and 24 battalions – who are...
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