-Financial Express Recently, former RBI Governor Raghuram Rajan cautioned the government that Kisan Credit Cards (KCC) can be a potential credit risk for the economy. Recently, former RBI Governor Raghuram Rajan cautioned the government that Kisan Credit Cards (KCC) can be a potential credit risk for the economy. Rajan’s caution be that as it may, one thing is certain that today KCC has become a tool in the hands of several...
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What has driven India's poverty reduction? -Arjun Srinivas
-Hindustan Times 55 % Indians were classified as poor by the MPI methodology in 2005-06. India halved its poverty rate in the next 10 years. In absolute terms, the number of poor fell from 630 million to 360 million during this period. New Delhi: Improved nutrition, better sanitation and increased asset ownership have halved India’s poverty rate between 2005-06 and 2015-16, according to a study by the Oxford University. In the 10-year...
More »India's neglected groundwater crisis -Ashwin MB
-Livemint.com Systematic analysis of groundwater conservation methods must be conducted to forestall the water crisis India’s over-exploitation of groundwater is contributing to—as stated by NITI Aayog—“the worst water crisis in its history”. Groundwater is one of the most important water sources in India accounting for 63% of all irrigation water and over 80% of the rural and urban domestic water supplies. In fact, the United Nations Educational, Scientific and Cultural Organization (UNESCO)...
More »Paddy yield down 15%, small farmers on the brink in Punjab -Perneet Singh & Parvesh Sharma
-The TribuneDebt trap worsens; Govt must step in, says BKU leaderMansa/ Sangrur: With paddy production recording a decline of 10 to 15 per cent owing to untimely rains, small and marginal farmers are staring at misery, clueless as to how they will repay debts.Farmers owning less than 5 acres of land and those cultivating land on lease are torn between meeting the needs of their families and repaying outstanding debts,...
More »Jean Dreze -- development economist -- interviewed by Jipson John and Jitheesh PM (Frontline.in)
-Frontline.inJean Dreze is a well-known Indian economist working in the field of "development economics". Born in Belgium, he studied mathematical economics at the University of Essex and completed his PhD from the Indian Statistical Institute (New Delhi) in 1982.He has taught at the London School of Economics and the Delhi School of Economics and is currently visiting professor at Ranchi University as well as honorary professor at the Delhi School...
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