-The Hindu The unorganised manufacturing sector should be reoriented towards non-household units to provide efficiency gains. Ever since E.F. Schumacher, a British economist, published in 1973 his book Small is Beautiful, implying that small units are better in terms of performance indicators and labour absorption, several studies have endorsed the same idea and argued in favour of promoting small units. Stretching the argument a little further, it may be emphasised that small...

-The Indian Express These enterprises — whom she broadly categorises as ‘rural commercial capital’ — enjoy privileged access to formal credit networks. In her insightful study of the working of agricultural markets in West Bengal, British development studies scholar Barbara Harris-White has documented in detail how trade in farm produce is controlled through a web of rural and semi-urban agro commercial enterprises. These enterprises — whom she broadly categorises as ‘rural commercial capital’...

-The Hindu Business Line The NITI Aayog should revive district-level planning in order to implement the 73rd and 74th Amendments to the Constitution While the Planning Commission, which was virtually an executive arm of the Union government, stands abolished, the District Planning Committee (DPC), a constitutional institution mandated “to prepare a draft development plan for the district as a whole” with a focus on resource endowments, environmental conservation, infrastructural development and spatial...

-The Telegraph/ PTI New Delhi: The Supreme Court today asked the Centre and the RBI to disclose the names of borrowers who had each defaulted on public-sector bank loans of Rs 500 crore and above but the apex bank raised objections. The top court, after going through the defaulters' list submitted by the RBI in a sealed cover on March 29, said 57 people had defaulted on loans worth Rs 85,000 crore...

Expanding irrigation network in the country is considered as essential to raise agricultural production in the face of increased frequency of droughts. However, a newly released report from the Ministry of Agriculture & Farmers Welfare shows that there has actually been a fall in the growth rate of net irrigated area during the recent two decades. The report entitled State of Indian Agriculture 2015-16 reveals that the growth rate in...