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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Globalisation, caste tension & social inequalities by Bhupendra Yadav
Gail Omvedt, an America-born Indian, is a social anthropologist trained in the radical academic setting of the University of California during the angry 1960s and the tumultuous 1970s. Her doctoral thesis on the “Non-Brahman movement in western India, 1873-1920” set the stage for her engagement with the subcontinent. Today, first-rate professionals are making a beeline for the West, but in Omvedt we have an instance of the ‘reverse flow' happening some...
More »Bihar's economic growth causing labour shortages, higher wage bills in other parts of India by Ravi Teja Sharma
Bihar's recent economic growth has created a peculiar problem for real estate and infrastructure firms in other parts of the country. Migrant labour from the state constitutes around 50% of the unskilled workers employed in these sectors nationally, but increased government expenditure and private investment has caused rural migration from Bihar to fall by a third in recent years, resulting in labour shortages and 35-50% higher wage bills for real estate...
More »Moving beyond MSP
-The Business Standard The new grain pricing policy for 2012-13 rabi marketing season seems a half-hearted attempt to make farmers grow more oilseeds and pulses, which are in short supply. This is apparent from a hefty hike of Rs 650 to Rs 700 a quintal, or around 35 per cent, in the minimum support prices (MSPs) of oilseeds and pulses and a relatively modest increase of Rs 115, or 10 per...
More »Justice Markandey Katju on the role of media in India
-The Hindu Justice Markandey Katju, Chairman, Press Council of India, argues that the media has a very important role to play in helping the country make the transition from an old feudal society to a modern industrial one quickly, and without much pain. The Role the Media should be playing in India by Justice Markandey Katju, (former Judge, Supreme Court of India), Chairman, Press Council of India To understand the role which...
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