-DNA Widespread damage and loss of the Kharif crop in 2015 due to drought served to highlight the insecurity of the Indian farmers in the face of various challenges beyond their control: drought, hailstorms, unseasonal rains, cyclones, wild animals, epidemics and seed or technological failures, among others. Farm rights movements across the country have rubbished the Pradhan Mantri Fasal Bima Yojna (PMFBY) calling it “a dressed up version of existing crop insurance...
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Raghuram Rajan: No one wants to go after rich and well-connected wrongdoer
-The Indian Express Rajan also raised the issue whether the RBI is taking a lenient view against malpractices in the banking sector and said there’s “a sense that we do not enforce compliance”. Is India a weak state which punishes only the small and weak? RBI Governor Raghuram Rajan who made some plain speaking to his colleagues in the central bank has said “the rich and well-connected wrong-doer” is virtually going scot-free. In...
More »Bina Agarwal, Professor of Development Economics and Environment at the University of Manchester in UK, interviewed by Samira Bose
-CaravanMagazine.in Bina Agarwal is a Professor of Development Economics and Environment at the University of Manchester, UK. Prior to this, she was the Director and Professor of Economics at the Institute of Economic Growth, Delhi University. Agarwal has written extensively on land, livelihoods and property rights; environment and development; the political economy of gender; poverty and inequality; legal change; and agriculture and technological transformation. Her best known work is A Field...
More »Tech tonic for the heart of India -Shubhranshu Choudhary
-The Hindu Gondi is the lingua franca of the Maoist movement today, but All India Radio does not broadcast even a single new bulletin in the language. One winter morning, in Barwani district of Madhya Pradesh, I was watching a group of Adivasi kids peering into their mobile phones. The early morning sun was mellow, and they were so engrossed that they did not notice me drawing near. “We are doing Bultoo...
More »Wholesale food inflation at 17-month high
-Business Standard Deflation in manufacturing continues, food inflation picks up Wholesale price index (WPI)-based deflation persisted for a 14th straight month in December, the index dropping 0.7 per cent as compared to one of almost two per cent in November. However, food inflation rose to 8.17 per cent, the steepest in 17 months, from 5.2 per cent. This was on more expensive vegetable and non-vegetarian items, prompting economists to say the Reserve Bank...
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