-The Economic Times BENGALURU: To fend off an agrarian crisis similar to the one sweeping across parts of north India and prevent farmer suicides, Karnataka has begun to implement a scheme to monsoon-proof the farmer that could turn out to be a national solution. About 35,000 farmers across the state's 175 taluks are implementing the pilot programme by setting up polythene-lined water storage ponds in their fields to prevent water seep age...
More »SEARCH RESULT
A third of top 500 firms’ books dodgy: SFIO -Subhomoy Bhattacharjee
-The Financial Express A forensic report prepared for the Serious Fraud Investigation Office (SFIO) shows over a third of India's top 500 companies, including those in the top 100, are "managing" their accounts. It finds that companies where promoters hold more than 50% of total shareholding are more likely to take such steps to impress markets with their performance. Both domestic companies and subsidiaries of multinationals listed in India show similar trends...
More »India’s unfinished agricultural and rural revolution -Uma Lele
-The Financial Express The BJP's resounding Lok Sabha victory after years of policy paralysis raised a widely-shared hope that the government, led by PM Narendra Modi, will put India back on track by resuming inclusive growth. And that agriculture and rural development would be at the centre of the agenda. Half the employment still comes from agriculture, though it contributes just 14% to the GDP. India contains the largest number of...
More »Unique identity dilemma -Jean Dreze
-The Indian Express It is easy to see why the Unique Identity (UID) project, also known as Aadhaar, has caught the imagination of many administrators, economists and policymakers. Identity verification is a routine problem in India and Aadhaar sounds like a foolproof solution. The idea is really smart and the technology is cutting-edge. After the initial hurdle of universal enrolment, numerous applications are possible: monitoring the attendance of government employees, linking...
More »Nehruvian budget in the corporate age -Jean Drèze
-The Hindu The Budget overlooks the fact that human capabilities are as important as physical capital for economic growth and the quality of life. It goes back to the days when growth and development sounded synonymous, physical capital was thought to be the key, and human capital took a back seat Once upon a time, around the end of the Second World War, there was a naive view in development economics that...
More »