-The Financial Express A mechanism is needed to compensate farmers for not exercising their right to sell productive land but continue to grow foodgrains. India finds itself in a piquant situation. While its population, and with it the number of poor, is growing, its cultivable land is not only shrinking, more worryingly, the economic returns of the agricultural use are diminishing vis-a-vis non-agricultural use. The situation may not be alarming right now,...

-The Indian Express The MGNREGS stands out as one of the Indian government's most ambitious social schemes, with far-reaching consequences throughout the economy. The only known recipe for poverty eradication is a combination of high growth and high development spending. Neither is sufficient. A recent study (Kapoor and Ahluwalia, 2012) has shown that post-liberalisation, one champion of poverty reduction in India is Andhra Pradesh. This reduction in poverty is widespread, as...

-The Business Standard Ending open defecation by 2019 will require changing minds, not just allocating money to build latrines for people that will either go unused or not be built at all During Prime Minister Narendra Modi's Independence Day speech, we learned that his Swachch Bharat Mission to eliminate open defecation in India by Mahatma Gandhi's 150th birth anniversary, would begin in less than two months on October 2. What was...

-The Hindu Business Line How ‘Protected Cultivation' can help prevent crop damage due to national disasters While the first green revolution managed to make the nation self sufficient the next round of reforms certainly needs to address the problems faced by today's farmers. According to statistics available on Indian Council of Agricultural Research, India reaped a record foodgrain production of 259.32 million tonnes (mt) in 2011-12. However, the output fell to 257.13...

-The Hindu   The reassuring message in the Pradhan Mantri Jan Dhan Yojana is that in pursuing its economic objectives, the government wants to accord an important role to the public sector even while relying on market mechanisms The goal is hard to achieve. It is costly and unviable. It will create huge stresses in the banking system. The Narendra Modi government's Pradhan Mantri Jan Dhan Yojana (JDY), an ambitious scheme for financial...