-The Indian Express Unused priority sector lending funds of commercial banks will be used to set up the Rs 20,000 crore corpus of the proposed MUDRA Bank. The bank will use at least 65 per cent of its funds for lending to micro enterprises run by members of scheduled castes and tribes. Typically, domestic commercial banks deposit their lending shortfall from priority sector to the Rural Infrastructure Development Fund of the NABARD...

-The Indian Express The Bharat Krishak Samaj (BSK) has long urged the merger of the agriculture ministry with the water resources and rural development ministries, in the interests of better coordination. With cooperative federalism gaining currency as an idea, that might just become possible. Now, the panchayati raj and food processing ministries could join the club, leaving agriculture, for all practical purposes, to the states, as envisaged by the Constitution. But...

-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...

-The Indian Express The Union budget is largely about the intentions and policies of the government of the day, as well as the arithmetic of resource mobilisation and allocation to achieve certain ends in the economy. The diagnostics of various economic problems and their probable solutions are generally found in the Economic Survey. The Economic Survey clearly indicates that growth in agri-GDP in FY15 has collapsed to just 1.1 per cent, while...

-The Hindu Business Line Radha Mohan Singh, the Union Agriculture Minister, lent vocal support to genetically modified (GM) crops on Friday stating that technologically enhanced seeds could help India realise its food security ambition and believed it held great promise in minimising productivity losses particularly on account of abiotic stress factors like floods and drought. "While agriculture feeds the nation, seeds feed agriculture... Bt Cotton in Gujarat, Maharashtra, Andhra Pradesh, Karnataka and...