-Maintream Weekly In order to reduce and remove the many-sided disadvantages and problems faced by Dalits and adivasis, sub-plans for the Scheduled Castes and Scheduled Tribes have been introduced to ensure adequate and justice-based availability of funds for these communities. Summarising the basic idea and rationale for this, the Planning Commission says: “the persistence of socio-economic backwardness of the SCs and STs in spite of the development efforts had warranted a special...
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Khadi Production in India: A Way Forward to Green Economy? -Sumanas Koulagi
-Economic and Political Weekly Unlimited growth for prosperity in a fi nite planet is not possible. Ecological economists like Tim Jackson, Peter Victor, and others talk about prosperity without growth and highlight the need for greening the economy on a community scale. Using the "criteria of green economy enterprise" set by Jackson and Victor as a tool, this article looks at khadi production, India's community-level cloth production system. Sumanas Koulagi (k.sumanas@yahoo.in) is...
More »PM launches Mudra bank to ‘fund the unfunded’ small entrepreneurs
-Hindustan Times Prime Minister Narendra Modi on Wednesday launched the Mudra bank which will provide loans of up to Rs 10 lakh to small entrepreneurs including shopkeepers and beauty parlour owners, hoping that it will promote growth and create jobs. Short for Micro Units Development and Refinance Agency Bank, the financial institution will act as a regulator for micro-finance institutions (MFIs). Mudra Bank will have a corpus of Rs 20,000 crore, Modi said...
More »A lesson on land acquisition -CP Chandrasekhar
-The Hindu The parliamentary stand off over the Indian government's effort to ease procedures to acquire land for "public purposes" continues, with the government deciding to re-promulgate the ordinance amending the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Besides concern about the impact that this would have on the farming community and those dependent on it, another cause for the controversy is the...
More »Failing the farmer -CP Chandrasekhar
-Frontline Outcomes of the patterns of growth induced by neoliberal economic reforms have increased the disproportionality between agricultural and non-agricultural growth, and with costs rising and prices not keeping pace, agriculture is becoming increasingly unviable. FARMERS across northern and central India-in Maharashtra, Madhya Pradesh, Rajasthan, Haryana and elsewhere-are distressed. Unseasonal rains have damaged their standing crop and help from the government has been meagre and slow in coming. This, however, is...
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