Fundamentally, our current crisis in food supplies as well as food prices arises out of the sidelining of Jawahar Lal Nehru’s dictum “everything else can wait but not agriculture”. Unfortunately, the last twenty years have been characterised by very low rates of agricultural growth, averaging around one percent per annum. This is almost equal to the rate of GDP growth during the last half century of British rule. In effect, in...

The National Bank for Agriculture and Rurual Development (NABARD) will pay greater focus on financing through 'Joint Liability Groups' (JLs) in Kerala as it is found more effective way of priority sector lending. JLs are informal groups of even 4-10 individuals joining together for the purpose of availing bank loans through group mechanisms against mutual guarantee. According to NABARD's State Credit Plan 2011-12, financial inclusion through JLGs would be deepened in partnerships...

he recent findings by the Labour Bureau's Employment and Unemployment Survey (2009-10) provide timely pointers to the manner in which liberalising India's workforce is coping with the changing times. The survey gives a snapshot of the country's employment and demographic situation. The estimated unemployment rate — in the region of 9.4 per cent (barring the five north-eastern States and the islands of Lakshadweep and Andaman and Nicobar, where the survey...

For generations, a majority of Vidarbha’s debt-ridden farmers have only grown cotton, making themselves vulnerable to unreliable market conditions. Now, these and other districts facing an agrarian crisis, as well as the rest of the state’s agriculture community may have some reason to smile. Rs 643 crore will be pumped into the state for the farmers, with the government going ahead with its ambitious Maharashtra Competitive Agriculture Project (MACP). On Tuesday, the...

The rapid increase in urbanisation and allied infrastructure development activities are causing a shrinking of agricultural land in the Kashmir Valley. Farmers fear that this growing trend of private builders to purchase farmland for building residential colonies would lead to a devastating food crisis in that Kashmir Valley in the coming years. Though the law prevents the use of agricultural land for non-agricultural purposes, the allotment of the land for construction comes...