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The other illiteracy-Ramachandra Guha

-The Telegraph In her recent book, Green Wars, the environmental journalist Bahar Dutt, writes: "The editor of a leading media house, everytime I pitched a green story, would invariably complain: ‘Environmentalism is stalling growth; all I am interested in is double-digit growth for this country.'" The idea that environmental protection and economic progress are at odds is widely held among India's elite. It is shared by newspaper editors, economists, businessmen, and, not...

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98% households in villages under debt: Study -Sarbjit Dhaliwal

-The Tribune Chandigarh: One of the main reasons for a large number of suicides in the agriculture sector is debt. It is an established fact that Punjab farmers turn to non-institutional sources of credit despite a large network of banks in the state. At least 52.77 per cent Rural Households in the state are dependent on non-institutional sources for loans, says Dr Satish Verma, Professor, Reserve Bank of India Chair, CRRID. He...

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Putting the poor on the list -Charan Singh, Akshay Goenka and Ritesh Garg

-The Hindu Business Line A new approach to financial inclusion using post offices The Government is making intensive efforts to extend access to financial resources such as savings accounts, credit and insurance services to unbanked sections of our society, and the knowledge and freedom to leverage them to one's benefit. The Budget has already mentioned that the Government considers financial inclusion as an important thrust area and the Prime Minister is expected...

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Fresh row over the poverty line -Kathyayini Chamaraj

-The Deccan Herald The poverty line continues to be a conundrum. The fixing of the poverty line at Rs 47 for urban areas and Rs. 32 in rural areas per capita per day by the latest Rangarajan committee report, based on a person or family's spending per day (called ‘consumption expenditure') has again drawn vociferous criticism. All these years, this all important line has not been fixed in a rational manner, rendering...

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Altering Punjab's caste equations -Aman Sethi

-The Business Standard The Punjab experience suggests rising agricultural productivity doesn't automatically translate into better jobs,but the story doesn't end there. A recent paper on the post-Green revolution economic transition of Punjab's peasantry, published by Punjab Agricultural University professors Sukhpal Singh and Shruti Bhogal, suggests that increasing productivity of rural workers is only one part of the agriculture to manufacturing transition. Punjab has the most mechanized agricultural sector in the country,...

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