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Prabhu Pingali, Director of the Tata-Cornell Agriculture and Nutrition Initiative at Cornell University and former director of the agricultural and development economics division of the FAO, speaks to Sanjeeb Mukherjee

-The Business Standard Inflation has cooled in recent months but the next monsoon holds the key. With fear of an El Niño effect impacting it, academicians and policy makers are worried about the possible impact on farm output and food inflation. Prabhu Pingali, director of the Tata-Cornell Agriculture and Nutrition Initiative at Cornell University and former director of the agricultural and development economics division of the Food and Agriculture Organization,...

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Rs 30,000 crore stimulus to economy expected from poll spending -Surojit Gupta

-The Times of India NEW DELHI: The country's faltering economy is likely to get a significant stimulus from election spending by political parties, candidates and the government which estimates suggest could be as much as Rs 30,000 crore. The figure is comparable to the $4 billion (around Rs 20,000 crore at the prevailing exchange rate) additional spending that the government announced in 2008 to shield the economy from the impact of the...

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NREGA: Effects and Implications -Nandini Nayak

-NewsYaps.com In 2005, the Parliament of India enacted a landmark legislation known as the National Rural Employment Guarantee Act (NREGA). The aim of this law, renamed ‘Mahatma Gandhi NREGA' in 2009, was to create a legally enforceable guarantee of employment for any adult from rural India willing to do casual manual labour on local public works at a statutory minimum wage. Public works programmes have long been implemented in India...

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Job creation-A counter-intuitive model-Rajiv Lall

-The Business Standard The rural non-farm sector has emerged as India's largest job creator since 2000 and needs to play a pivotal role in our structural transformation Job creation has to be a pressing priority for any new government. But it is worthwhile trying to understand the nature of our employment challenge. The unemployment rate, as understood in the Organisation for Economic Co-operation and Development (OECD) world, is not a very useful indicator...

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Meghali Bora packs a rural economic revolution in her branded food products -Rahul Karmakar

-The Hindustan Times Jorhat (Assam): In 2006, ten years after she started selling coconut ladoos to bail her husband out of a debt trap, Meghali Bora met Kangkaan Pegu in Majuli, a 527 sq km island in river Brahmaputra off Jorhat town 305 km east of Guwahati. The latter suffered from bipolar disorder, a manic-depressive illness marked by suicidal tendencies. Bora taught Kangkaan her conquer-adversity mantra: if your life is in a...

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