-The Indian Express The view of MGNREGA as a makeshift work programme is far off the mark. Few social programmes in India are more resented by the corporate sector than the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). This is easy to understand, considering that one of the primary aims of the MGNREGA is to empower workers and reduce their dependence on private employers. Naturally, employers see this as a threat...

-Business Standard Patna/Nalanda: Baldev Prasad Mandal, a native of Painathi panchayat in Bihar's Patna district, sold 250 quintals of rice to the village-based primary agriculture credit societies (PACS), an agency responsible for procuring foodgrain directly from farmers at the rate of Rs 1,660 a quintal in March this year. Even as the new kharif season is about to begin, Mandal is one of the many farmers in the state who are...

-The Financial Express It is clear from global experience that crop insurance is not economically viable and, in a country like India which is dominated by small landholders, it does not even seem to be feasible The demand for crop insurance stems from two ‘risky’ situations that often erode farmers’ income and make them vulnerable to economic distress. These include unpredictable weather and volatile prices. Although vulnerability of Indian agriculture on weather-related...

-The Hindu Huge subsidy of 5 percentage points being leveraged. Pointing to a possible diversion of subsidised funds meant for farmers to non-agricultural uses, a research paper by the Indian Council for Research on International Economic Relations (ICRIER) has found that the crop loans extended in India are in fact close to exceeding the total expenditure on farm sector inputs. In 2012-13, the aggregate short-term credit — provided primarily to finance the purchase...

-The Hindu Business Line New variant to generate electricity from cooking Greenway, a Mumbai-based start-up which produces eco-friendly and fuel-efficient biomass stoves, will build prototype units by July that can also generate 10 watt electricity from the cooking heat. Intended to be an alternative to harmful and inefficient traditional mud stoves, Greenway’s ‘smart stove’ claims 50 per cent fuel savings and 70 per cent reduction in smoke emission. It has been tested and...