At BANCON (annual bankers' conference) 2011 in Chennai, financial institutions explored avenues for greater participation in agriculture and rural development. There are a few areas in need of additional attention and investment. Green Revolution technologies are scale-neutral but not resource-neutral. Inputs are needed for output; therefore market-purchased inputs become important in providing soil and plant healthcare for higher yields. Social scientists point out that small and marginal farmers will be excluded...
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Putting Growth In Its Place by Jean Dreze and Amartya Sen
It has to be but a means to development, not an end in itself Is India doing marvellously well, or is it failing terribly? Depending on whom you speak to, you could pick up either of those answers with some frequency. One story, very popular among a minority but a large enough group—of Indians who are doing very well (and among the media that cater largely to them)—runs something like...
More »High food price, a crisis on our plate by Brinda Jagirdar
To control inflation and ensure long-term economic growth, India needs to harness the creativity of the large number of its farmers and entrepreneurs, especially in rural areas. The latest WPI inflation data show primary articles inflation in double digit, driven mainly by food inflation which remains stubbornly high at over 9 per cent. The high food prices are the result of structural factors with shortages getting aggravated as demand continues to outstrip...
More »How dalits have actually fared in Uttar Pradesh by Ashish Tripathi
-The Economic Times A giant statue in a Lucknow square made 12-year-old Rashi curious. Whose statue is this, she asked her father. Although a BSP worker, Jhanki Ram couldn't go beyond the name, Jyotiba Phule. But not wanting to show his ignorance, he added, "He was a Mahatma who did a lot for the dalit community". Both had come from Etawah to take part in Kanshiram Parinirvan functions this month. For...
More »2G scam: CBI to oppose bail to corporate honchos in SC
-PTI The CBI will oppose the bail of five corporate honchos in the Supreme Court which is to hear their petitions on Monday, in connection with the 2G scam, days after it did not object to the bail pleas of DMK MP Kanimozhi and four others in the trial court. Sources in the investigating agency confirmed that it has instructed the lawyer to oppose the plea of corporate executives - Unitech Wireless'...
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