-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...
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Women in Indian Agriculture -Vivan Sharan and Prachi Arya
-Business World In the run up to Independence Day, Professor Ashok Gulati wrote a scathing critique of what he has described as “elitist biases in public policy”, that ignore the reality of the masses in rural areas. The reality he describes is that of low rates of growth in agriculture; a sector that majority of Indians still depend on. He lamented the excessive preponderance of economic policy discourse in the country...
More »A bank account for Mary -Jayshree Venkatesan
-The Hindu The PMJDY celebrates success on its website, but thousands of Marys remain outside the banking system. This won’t change unless the scheme alters both design and implementation A few months ago, when the Pradhan Mantri Jan Dhan Yojana (PMJDY) was still being spoken of as a success for the largest number of accounts opened in a day, earning the government a Guinness world record, I visited the branch of a...
More »Take Steps to Prevent Farmer Suicides -Charan Singh and CL Dadhich
-The New Indian Express The problem of farmer suicides has assumed a serious proporition. The toll is increasing year after year. According to the National Crime Record Bureau (NCRB), as many as 5,650 farmers committed suicide in India last year. This works out to one farmer suicide in every 100 villages or one farmer suicide in every block in the country last year. State-wise, Maharashtra accounted for the highest number of...
More »How loan sharks pull poor farmers into a debt trap -Naheed Ataulla & Anand J
-The Times of India As crops fail, banks don't deliver and the government falters, Mandya's farmers find themselves at the mercy of unscrupulous moneylenders Chenne Gowda has a Rs. 4 lakh albatross around his neck. The 55-year-old sugarcane farmer from Chikka maralli village in Pan davapura taluk, Mandya district, took the loan from private moneylenders but has no idea how he'll repay. His crop, on two acres, is wilting in the field...
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