In 2006-08, Maharashtra saw 12, 493 farm suicides. That is 85 per cent higher than the 6,745 suicides it recorded during 1997-1999. And the worst three-year period for any State, any time. The loan waiver year of 2008 saw 16,196 farm suicides in the country, according to the National Crime Records Bureau. Compared to 2007, that’s a fall of just 436. As economist Professor K. Nagaraj who has worked in-depth on...
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Unwarranted optimism by Jayati Ghosh
Without policy efforts to deal specifically with issues such as reduced incomes and unemployment, the global economic crisis will be far from over. FOR most economic commentators, 2010 begins on an optimistic note. Just a year ago, there was much gloom about the world economy. The worst financial crisis since the Great Depression had broken out in full fury; asset markets in the United States, Europe and then most developing...
More »How Bihar can rise as a developed state by Kailash Nautiyal
It is presumed that the industrial development in Bihar is hampered by lack of investments. Is it because of 'unproductive' government policies or an unpredictable law and order situation? And how to increase the flow of investment in the state? In order to find out answers to all such questions and debate these issues, Business Standard Hindi recently organised a roundtable in Patna. The seminar was attended by various small...
More »Soon, a legal service on a par with IAS by Akshaya Mukul
A complete overhaul of the Indian Legal Service is in the offing. The law ministry is preparing a cabinet note for this purpose so as to bring the ILS on a par with the civil services so that the best students out of law schools join the government. It has started consultations with the department of personnel and training in this regard. A senior ministry official said recruitment will begin...
More »Swaminathan for revolution in small farm management by T Nandakumar
A revolution in small farm management is essential to revitalise the country’s agriculture sector, according to noted agriculture scientist M.S. Swaminathan. Corporate farming would be detrimental to India. Farming was the largest private sector enterprise in the country, and any bid to take away land from the farmer would be counter-productive. But a symbiotic relationship between farmers and industry, resulting in a win-win situation for both, would be good, he...
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