-TheWire.in Despite increasing allocated funds, the Union government has been unable to significantly improve penetration of crop insurance in terms of enrolled farmers and insured areas. India’s agriculture sector, which provides employment to more than 50% of the labour force and contributes about 17% of the gross domestic product, currently faces multiple challenges. Smaller land holdings, unfavourable climate changes events, dismal public and private Investment, low monthly incomes, a high proportion of...
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Reviving the ‘Kerala Model’ of development -Shashi Tharoor and Vinod Thomas
-The Hindu Its lustre is fading as there are threats from emerging social and environmental risks, but the question is how Kerala has long been recognised to have done many things right. For years the darling of development experts, non-governmental organisations and social activists, the ‘Kerala Model’ seemed to show that impressive levels of human development indicators — in health, education and quality of life, comparable even to some rich countries —...
More »Step up agri-spending, boost farm incomes -Poornima Varma
-The Hindu India’s poor AOI is a stark reminder of the need to attain a key sustainable development goal of higher agri-growth While the overall budgetary allocation towards the agricultural sector has marginally increased by 4.4% in the Union Budget 2022-23, the rate of increase is lower than the current inflation rate of 5.5%-6%. The Food and Agriculture Organization (FAO) of the United Nations (UN) report for 2001 to 2019 shows that,...
More »Still unequal
-The Telegraph The Union Budget reveals glaring gaps in allocations for education Appearances can be deceptive. On the face of it, education has been allotted Rs 1,04,278 crore — a rise of Rs 11,054 crore from 2021-2022 — in this year’s budget. However, this still amounts to just above 3 per cent of the gross domestic product, falling far short of the 6 per cent public Investment recommended by the National Education...
More »How Nameplate Changes, Sleight of Hand Helped the FM Assemble Budget 2022’s ‘Big Capex Boost’ -Subhash Chandra Garg
-TheWire.in What you lose on the wings, you gain on the roundabouts. With no other major growth Investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital Investment the lynchpin of the government’s growth strategy in Budget 2022. Stressing that “the virtuous cycle of Investment requires public Investment to crowd-in private Investment” she took high moral ground to say that the “public Investment must continue to take the lead and...
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