-The Economic Times Small and marginal farmers who constitute more than 80% of total farmer households in the country face exclusion from formal financial channels," says the Nair Committee on priority sector lending. The same report says "commercial banks have been prescribed targets since late 1960s for priority sector lending".  The banking system failed the farmers and the needy despite nationalisation, but is there a viable model that could help the millions...

Women farmers suffer gross bias a global meet will look to change this Nearly half of the agricultural work is handled by women in developing countries and India is no exception. Yet, strategies for the development of agriculture are directed primarily at men. Barely five per cent of the extension efforts and resources are targeted at farm women. This failing, predictably, costs a good amount owing to loss of a part...

India’s decision-makers seem to find it difficult to see that there are children in the country. Being unable to see them, they are unable to perceive that they are hungry. In an age when we are able to use euphemisms like ‘under-nutrition’, this is perhaps not surprising. But it is disgraceful none the less.   This country has a large population of children. Fortyone per cent of its total numbers. The national...

MGNREGA 2.0 should really be MGNREGA 0.0 — it has been outdated from the start, five years ago It is a fact universally acknowledged that India is at a fiscal crossroads. It swerved quite significantly to populism over the last several years, and the consequences of this lurch are that the UPA’s own finance minister is (thankfully) losing sleep over the fiscal burden. More specifically, over the subsidy burden. As we all...

Justifying first come, first served policy, it says auction will hit promotion of teledensity The Union government on Friday justified the first come, first served (FCFS) policy and urged the Supreme Court to review the 2G judgment, which quashed spectrum licences and directed issuance of fresh ones on the basis of auction. The Centre said it was only questioning the conclusion of the judgment that all national resources should be auctioned. Absurd...