-Down to Earth To reduce the consumption of water and maximise agricultural productivity in the country, the government is trying to introduce different innovations The gap between irrigation potential created, through major and minor projects, and the actual usage is increasing and affecting the country’s agricultural productivity, according to the Indian Council of Agriculture Research (ICAR), the premier agricultural education and research body under the Union Ministry of Agriculture. "The key challenge facing...
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The problem of skilling India -Christophe Jaffrelot & Vihang Jumle
-The Indian Express India’s employment crisis calls for more government expenditure in education, adequate training. Prime Minister Narendra Modi, in his recent Independence Day speech, said, “We need to worry about population explosion”. These words stand in stark contrast to his previous references to India’s demographic dividend where the country’s population was seen as an asset. This shift reflects a new awareness, according to which demography brings a dividend only if...
More »Adopt a green growth strategy to boost the sluggish automobile sector
Among the measures announced by the Union Finance & Corporate Affairs Minister Smt. Nirmala SITharaman on 23rd August, 2019 to arrest economic downturn, the following are noteworthy: * Allow Bharat Stage IV (BS-IV) vehicles (which are purchased till 31st March, 2020) to remain operational for the entire period of registration; * Government shall lift the ban on purchase of new vehicles for replacing all old vehicles by its various departments; *...
More »Why India's mega bank mergers move may not yield the desired results -Mythili Bhusnurmath
-The Economic Times Government’s forced mega merger of public sector banks could scupper economic recovery. I am not saying we maintain a Panglossian countenance, that we smile away every difficulty. But, in any real economy, the mood is very important,’ observed Reserve Bank of India governor Shaktikanta Das, speaking at an event in Mumbai late August. Sound advice. Sentiment matters. Irrational despondency can be as damaging for the economy as ‘irrational exuberance’. But...
More »Desertification setting in across a quarter of India
-Down to Earth Another 30% of the county’s land is undergoing degradation. What does this mean for the country where more than 60% peopel depends on agriculture? Every year during the monsoon, Hemant Waman Chowre faces a peculiar SITuation. On the one hand, he hopes for good rainfall to water his crops but on the other, he is scared, for even a mild shower can destroy his saplings. Chowre is a 35-year-old farmer...
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