-The Telegraph Radhakamal Mukerjee: an ecological pioneer In 1922, a professor at Lucknow University named Radhakamal Mukerjee published a book called Principles of Comparative Economics. Reading the book one hundred years later, I was struck by the attention it paid to the impact of the natural environment on the social and economic life of Indian villages. Mukerjee was perhaps the first Indian scholar to recognise the vital importance of common property resources...
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Bihar agrarian crisis : Why crores in diesel subsidies may not be the answer -Zumbish
-Down to Earth Funds allocated in July for diesel subsidy haven't reached many farmers yet; irrigation projects needed, say locals The agriculture department of the Bihar government has allocated Rs 100 crore in diesel subsidy October 14, 2022 to help distressed farmers get diesel subsidy. The plan announced in a public address by the newly appointed agriculture minister of the state, Kumar Sarvajeet, is in line with the state’s action plan to help...
More »Results of a survey in 4 states reveals how MGNREGA protected the poor from income shocks during the pandemic
-Press release by Azim Premji University dated October 13, 2022 New Delhi & Bangalore, October 13: About 39 percent of all jobcard-holding households interested in working under the Mahatma Gandhi National Rural Employment Guarantee Act 2005 did not get a single day of work in the Covid year of 2020-21. Also, on average, only 36 per cent of households that worked received their wages in 15 days, showed a survey of...
More »Public sector banks have ensured financial inclusion, finds a new empirical study
Are public sector banks (PSBs) important for the economy? Have the PSBs served the purpose for which they were created? Could the PSBs compete efficiently against the private sector banks (PVBs)? These are some of the questions, which have been answered by a chapter in the RBI Bulletin's August edition. Efficiency of PSBs Co-authored by Snehal S Herwadkar, Sonali Goel, and Rishuka Bansal (2022) of the Banking Research Division, Reserve Bank of...
More »India’s ‘wheat waiver’ WTO demand is risk-fraught -Prabhash Ranjan
-The Hindu Such a stand will dilute its core agenda of pushing for a permanent solution to public stockholding for food security One of the cardinal demands of India in the World Trade Organization (WTO) — and rightly so — has been to find a permanent solution to the issue of public stockholding (PSH) of food to protect India’s food security (PSH policy). India’s PSH policy is based on procuring food from...
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