-The Indian Express Reserve Bank of India Governor D Subbarao on Tuesday cautioned that policies — the significant increase in rural wages triggered by the MGNREGS and inflationary implications of the proposed Food Security Bill — aimed at inclusive growth can stoke inflationary pressures at any rate in the short-term. “The need for making growth inclusive is incontestable, but it is important to recognise that policies aimed at inclusion can stoke inflationary...
More »SEARCH RESULT
PDS in peril by R Ramakumar
The promotion of the PDS as an Aadhaar application would fundamentally alter its form and character. NO scheme of the Indian government would be transformed more fundamentally by Aadhaar than the public distribution system (PDS). The nature of this transformation appears to be taking the form of a virtual dismantling of the PDS; even if a skeletal fair price shop (FPS, or ration shop) system continues to exist, it is likely...
More »Sugarcane lobby triumphs, cotton farmers limp by Yogesh Pawar
While the Maharashtra government must be relieved that Swabhimani Shetkari Sanghatana leader and Kolhapur MP Raju Shetty ended his five-day fast in Baramati on Saturday, after it agreed to a sugarcane procurement price hike, many wonder why the same state ignores the plight of its cotton farmers. In the same duration that Shetty sat on a fast 22 debt-ridden, Vidarbha cotton farmers committed suicide. One of these, Rajendra Lahiti of Dhamangaon,...
More »A story of farmers on holiday
-Live Mint In an unprecedented move, farmers in East Godavari and adjoining districts of Andhra Pradesh declared a crop holiday last season, refusing to cultivate paddy in this fully irrigated region of the state. Farmers say the reason for this drastic step is that cultivating paddy has become unremunerative and they are left with no other choice. The agrarian crisis and its neglect by successive governments are responsible for the low...
More »Banks should lead the war on poverty by MS Swaminathan
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...
More »