-The Business Standard Financial inclusion must be set up to pay for itself The Jan Dhan Yojana, a scheme for financial inclusion announced by Prime Minister Narendra Modi in his Independence Day speech, intends to take banking services to the 40 per cent of India that does not have bank accounts. This task is daunting. A good portion of those no-frills accounts that have already been opened have only minimal activity -...
More »SEARCH RESULT
Green Revolution or Silent Spring? -KP Prabhakaran Nair
-The Hindu Business Line Chemical-intensive agriculture has ravaged our soil quality. History tells us that the consequences could be catastrophic During the 86th birthday celebrations of the Indian Council for Agricultural Research, Prime Minister Narendra Modi said that Indian farmers "deserve a standing ovation". However, he reminded the gathered scientists that it was not enough to sit in five-star seminar rooms and analyse why something could not be done; rather, they should...
More »Scattered approach to agriculture -Sukhpal Singh and Suman Sahai
-The Hindu Business Line Leaving aside a focus on warehousing and farm credit, the Budget has sprayed ₹100 crore across a clutter of schemes The new government's budget is marked by a fractured approach to the farm sector, where perhaps the most significant spend has been on irrigation, after the large allocation to farm credit. Credit push A sum of ₹1,000 crore sounds good if instead of large irrigation projects and canal networks, the...
More »Betting the farm on populism-Ajay Vir Jakhar
-The Business Standard The Budget missed the chance to articulate its intentions to the farming community; the prime minister's Independence Day speech provides another invaluable opportunity Young Indians starting their careers in an environment devoid of hope and opportunity and surviving on dole will be inclined to populist politics. But the farming community expects much more substance from the government, and the Budget was a good example of how populism trumped...
More »Don’t leave out the small farmer -S Chandramohan
-The Hindu Business Line Whether it is promoting a lease market in land or the use of tractors, credit should be tailored to the needs of marginal players The Finance Minister has announced several measures to make farming competitive and rev up growth in agriculture. While this is welcome, the sector as a whole needs an overhaul to make best use of these measures. To address the needs of landless farmers who are...
More »