Given a positive regulatory environment, banks and other financial intermediaries will certainly be interested in using the smart card opportunity. Dr Arvind Virmani, with a Ph.D. from Harvard and 30 years of professional experience, is one of the most valued economists in the Government. Before he retired as Chief Economic Advisor in 2009, he had served in the Finance Ministry and the Planning Commission. A researcher par excellence, his research papers...
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Cotton acreage to rise 15% in Punjab, Haryana by Madhvi Sally
Farmers with irrigated fields in Punjab and Haryana will start sowing cotton in a fortnight. Agriculture department officials estimate a 10% to 15% increase in acreage this season as cotton has become more lucrative than paddy, basmati and pulses. Government's paddy procuring agencies and basmati exporters don't think that the staple's production will take a hit. "We estimate the area under cotton across the country to increase by 15% and prices will...
More »Money where the mouth is by E Somanathan
As of 2006, over 43% of Indian children under five were malnourished, a rate that has barely budged since the early 1990s. This gives India the dubious distinction of having the highest percentage of malnourished children in the world. There are at least 53 poorer countries with lower malnutrition rates, including Bangladesh, Nepal, Haiti and several African countries. At Independence, India was poor, so it wasn’t thought possible to guarantee...
More »fertiliser use on the rise in India, soil health deteriorating
The use of fertilisers for agriculture in India has risen astronomically in the last 60 years, resulting in deterioration of soil health in many parts of the country, particularly the intensively cultivated Indo-Gangetic plains, also known as the “Great Plains”. In 1951-52, fertilizer usage in the country averaged less than one kg per hectare, which has now risen to 133 kg per hectare, according to information given on the Department of...
More »Second green revolution is the need of the hour by Kunal Bose
The government will certainly not indulge in self congratulation for agriculture recording a growth of 5.4 per cent to 232.07 million tonnes in 2010-11 as this is happening on a low production base of 218.11 million tonnes last year when the country experienced the worst south-west monsoon since 1972. In fact, the major concern of the government is farm sector’s niggardly growth of 2.8 per cent in the first four...
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