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Lower paddy acreage: How will it affect India and the world? -Akash Podishetty

-Business Standard A victim of supply chain disruption is food. Even as the world looks towards India to fill the void created by the Russia-Ukraine war, a drop in paddy acreage is threatening to make the matter worse Following Russia's invasion of Ukraine and amid challenges for global food supply, PM Narendra Modi declared that India was capable of "feeding the world". However, instead of feeding the world, the govt soon restricted...

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Public sector banks have ensured financial inclusion, finds a new empirical study

Are public sector banks (PSBs) Important for the economy? Have the PSBs served the purpose for which they were created? Could the PSBs compete efficiently against the private sector banks (PVBs)? These are some of the questions, which have been answered by a chapter in the RBI Bulletin's August edition. Efficiency of PSBs Co-authored by Snehal S Herwadkar, Sonali Goel, and Rishuka Bansal (2022) of the Banking Research Division, Reserve Bank of...

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A rain dampener for kharif crops this monsoon poses price risks -Dharmakirti Joshi and Adhish Verma

-Livemint.com An uneven distribution of rainfall has left several key rice-producing states parched even as others had to battle excess water The patchy progress of the southwest monsoon this year has cast a long shadow on India’s kharif crop produce, particularly of rice, which is an Important constituent of the government’s food distribution programmes. The threat comes right after wheat production in the rabi season took a hit from heatwaves and at...

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Delhi’s (and India’s) urban poor may have houses to live. But are they habitable -Anuj Behal

-Down to Earth The habitability of housing, rather than just its availability, will be an Important factor in the future, given the trends in climate change The summer of 2022 has been the second-hottest since 2010, according to Delhi-based think tank, Centre for Science and Environment (CSE). The winter, monsoon and post-monsoon are also warming up. The mere availability of housing is no longer sufficient in such a scenario. It should also...

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Is investing in canal irrigation a bad idea? -A Narayanamoorthy

-The Hindu Business Line Lack of data and monitoring on cropping patterns and water use has given irrigation schemes a bad name Long before the British Raj, India was a pioneer in canal irrigation by building dams across rivers. After Independence, considering the Importance of canal irrigation, the Central and State governments have been giving increased thrust to its development. Today, India is one of the countries with the largest number of...

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