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PM sees reforms benefiting poor

Prime Minister Manmohan Singh today said the economic reforms initiated by him almost two decades ago had reduced the number of poor, though much more was still needed to be done. “There is no evidence that the new economic policies have had an adverse effect on the poor,” Singh said at the annual conference of the Indian Economic Association here today. “The percentage of population below the poverty line has certainly not...

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Himalayas melting faster than the global average

The melting of Himalayan glaciers has been a bone of contention between international environmentalists and the Government of India. The government believes that some perceptions of the international environmentalists are alarmist. Now a new global report has sought to set aside that controversy by measuring the rate at which the Himalayan glaciers are melting. (The report enclosed below) The Himalayan glaciers are melting faster than the global average and the rate...

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Fertilising change

Right time for policy reform The government is set to face disappointment on its expectation that the fertiliser subsidy will go down sharply this year due to a softening of international prices of fertilisers. It now appears almost certain that the total payable subsidy in 2009-10 may be around Rs 70,000 crore, against the budgetary provision of under Rs 50,000 crore. Since the government has made it clear that no additional...

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Coping with rising foodgrain prices by VS Vyas

India needs to initiate a number of steps to manage the emerging situation.  After three consecutive good years, agricultural production has faltered in the last two years. There was a fall in production to the tune of 1.6 per cent in 2008-2009 compared to the previous year. This year, again, agricultural production is likely to be down by 2 per cent or more. The deceleration in the growth of foodgrain...

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Water and sustainable agriculture by S Janakarajan

The key message of the book is that agriculture in South Asia is quite heavily stressed due to A complex set of socio-economic, agro-climatic, and hydrological factors WATER, AGRICULTURE AND SUSTAINABLE WELL-BEING: Edited by Unai Pascual, Amita Shah, Jayanta Bandyopadhyay; Oxford University Press, YMCA Library Building, Jai Singh Road, New Delhi-110001. Rs. 750. “Eradicate extreme poverty and hunger; halve, between 1990 and 2015, the proportion of people whose income is less...

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