-Deccan Herald Many of India's agricultural practices have barely changed in decades. Reform is long overdue. Nearly a quarter of a century after India launched its first big liberalising reforms in 1991, setting off a new spurt of growth, one area of the country’s economy remains hardly touched: farming. Prime Minister Narendra Modi launched a 24-hour, state-run television channel for farmers in May, but has fostered no public debate about how to improve...
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NGOs’ foreign funds and a trust deficit -Trilochan Sastry
-The Hindu There is no organised conspiracy against NGOs. It is in the nature of power to exercise greater control, and exempt itself from accountability. The recent changes in the rules governing foreign funding of NGOs under the Foreign Contribution Regulation Act (FCRA) have been widely discussed. The last word on it will perhaps never be written. The UPA government initiated this and we see some concrete changes now. Sifting through the...
More »Think tank report hints at diversion of cheap farm loans -Puja Mehra
-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...
More »With Economy on an Upturn, India Needs to Unlock Investments to Accelerate Growth, says World Bank
-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...
More »If you want to help the farmer -Vani S Kulkarni, Katsushi S Imai and Raghav Gaiha
-The Indian Express As the toll of human misery and suicide mounts, official estimates of farm losses due to unseasonal rains and hailstorms in March remain controversial, with hasty downward revision. Since these estimates are largely notional, without validation from field visits, such revision smacks of deliberate fiddling. On March 24, the agriculture ministry reported that crops on 18 million hectares — about 30 per cent of the rabi crops —...
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