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Narendra Modi’s Bharat challenge: Low production, dipping income -Harish Damodaran

-The Indian Express Dealing with the farm distress, while simultaneously creating enough non-farm job opportunities, is going to be a tough task. Call it bad luck or otherwise, the Narendra Modi government’s first year in office hasn’t been a really great one for agriculture and rural incomes. To start with, rainfall was deficient in both the south-west (June-September) and the north-east (October-December) monsoon seasons by over 12 per cent and 33 per...

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FAO Report: Globalisation Has Hit Fisherwomen Badly

-The New Indian Express KOCHI: Globalisation and its appetite for cheap input have badly affected fisherwomen who are already grossly underpaid when compared to men in the sector or are unpaid, a report of the Food and Agriculture Organisation (FAO) of the United Nations, published on Tuesday has observed. In the sector, with its still prevalent Old Boys’ Club behaviour, globalisation benefited some people from new emerging work and business opportunities, but...

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Sick policies, starving farmers -Amit Bhardwaj

-Tehelka Agrarian policies are proving to be an albatross around the neck of ordinary farmers Amon Singh Kevat, 70, a small farmer in Vidisha, Madhya Pradesh, spent three long days in April waiting for his harvest to be picked up from an open plot that served as a mandi (procurement centre for agricultural produce). In need of money for a marriage in the family, Kevat didn’t even go home for meals. But...

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With Economy on an Upturn, India Needs to Unlock Investments to Accelerate Growth, says World Bank

-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...

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Revamping public procurement -Mukul G Asher, Tarun Sharma & Shahana Sheikh

-The Hindu A properly designed and implemented procurement law is long overdue. It can improve financial management, and bring large financial and governance benefits Finance Minister Arun Jaitley’s 2015-16 budget speech signalled the government’s commitment to formally legalise India’s public procurement system as a part of its continuing reforms in public financial management. Following this, the Ministry of Finance is seeking suggestions to refine the Public Procurement Bill of 2012, introduced by...

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