-The Hindu The Central government’s decision this week to extend the interest subvention scheme on bank loans given to land-owning farmers at 7 per cent is essentially a welcome move. This is especially so in a context where there is no real clarity on how the current monsoon will turn out to be, running at a deficit of 7 per cent as it does currently. With an additional subvention component of...
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Monsoons and markets -Ashok Gulati
-The Indian Express These are the root causes of agricultural distress. Farmers need better irrigation and access to markets. Speaking at the foundation day celebrations of the National Bank for Agriculture and Rural Development (Nabard) on July 12, Union Finance Minister Arun Jaitley said that there were reasons to smile on the economic front as India remains a bright spot, despite the global slowdown. He talked about the 7-8 per cent...
More »Limits of the SECC Data
-Economic and Political Weekly This is not "big data" to be used to cut down welfare expenditure. It was the Ministry of Rural Development which, for close to five years beginning in 2010, designed, planned and oversaw the execution of the 2011 Socio Economic and Caste Census (SECC), whose first batch of results were released earlier this month. Yet, it was somewhat unusual to see Union Minister for Finance, Arun Jaitley, rather...
More »Pulses and the zero hunger challenge -MS Swaminathan
-Financial Chronicle Hunger has three major dimensions. First, is widespread undernutrition or calorie deprivation; second, there is inadequate consumption of pulses and other protein rich foods leading to protein hunger; third, the diet of the underprivileged sections of our society, normally deficient in micronutrients like iron, iodine, zinc, vitamin A and vitamin B12. If we wish to achieve the zero hunger challenge by 2025, we will have to pay concurrent attention...
More »More than half of world’s poor out of safety net coverage, says World Bank -Jitendra
-Down to Earth Poverty is urbanising at a rapid pace, it says Despite the growing number of social safety net schemes to improve lives of the poor, it is still a distant dream for the almost half of the world’s poor to come under it. According to a recent World Bank report, nearly 55 per cent of the total world’s poor population is still out of its coverage. The poverty is rising...
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