It would be great if the enthusiasm on the financial inclusion agenda gets a pause from the frantic do-gooders . Too many people appear to be enthusiastic about serving the poor - and the kindness is killing. Back in 1956, we discovered that cooperatives were a great instrument to reach out to the poor. These were peoples' institutions, local and would be responsive to the problems of their members. A set of...

Which is more important in human life: money or happiness? Can money buy happiness? According to the tiny Himalayan nation of Bhutan, the time has come for the world to pay closer attention to this age-old question. "We are starting a global movement on this issue," Jigme Thinley, the prime minister of Bhutan, told IPS after a high-level meeting on "Happiness and Well-being: Defining a New Economic Paradigm" held at United...

The ministry of agriculture has advised all state government agencies to streamline the seed certification process to facilitate farmers in choosing high yielding seeds at a reasonable cost. The agencies have been advised to ask private companies to select four to five of their high yielding varieties while seeking certification, and bring both older and new verities. According to officials, private seed certification agencies usually come up with 20-25 varieties, annually, for...

When the fledgling Indian government drafted its higher education policy after Independence, it formed two separate tiers for teaching and research: colleges and universities in one, exclusive research establishments in the other. The intention was of the noblest, to deploy our best talent exclusively to create an indigenous knowledge pool; in particular, to provide research input for the nation’s development. Sixty years down the line, the outcome has patently failed those...

-The Business Standard   Learning from the jatropha mistake The tropical shrub jatropha curcas, touted a decade ago as a commercially feasible source of biofuel to alleviate the global energy crisis, seems to have let its proponents down quite comprehensively. Millions of hectares of land in the arid areas of India and in many other Asian and African countries were turned into jatropha plantations in the expectation that the oil derived from its...