-The Indian Express Every crisis produces its fall guy. This time, it is sugarcane that’s bearing the brunt of the blame for drought, especially in Maharashtra’s worst-affected Marathwada region. Sugarcane, no doubt, requires 2,100-2,200 mm of water, more than the 1,400 mm or so for paddy, 900 mm for cotton, 600 mm for jowar (sorghum) and arhar (pigeon-pea), 550 mm for wheat, and under 500 mm for soyabean and chana (chickpea). But then,...
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NITI Aayog plans new planning framework
-The Hindu Structural reforms and improving productive capacity can enhance long-term growth NITI Aayog, the government’s policy think tank, is working on a sector-based medium-term planning framework, Union Finance Secretary Ratan P. Watal told a meeting of state finance secretaries on Monday. The new planning framework could replace five-year plans, the last of which is set to end in 2016—17, Mr. Watal said. It was possible to synchronise with the finance commission cycle,...
More »Rural to urban migration in India: Why labour mobility bucks global trend -Kaivan Munshi & Mark Rosenzweig
-The Indian Express The percentage of the adult population for four large developing countries — China, India, Indonesia and Nigeria — who are living in cities, as well as the change in this percentage between 1975 and 2000, are plotted in chart. Rural-urban migration is exceptionally low in India. Changes in the rural and urban population between decennial censuses over the period 1961-2001 indicate that the migration rate for working age...
More »Why microfinance is fading out -M Sureshbabu and Arun Kumar Gopalaswamy
-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...
More »'Agri Growth Can End Poverty'
-The New Indian Express BHUBANESWAR: Eminent agricultural economist Ashok Gulati on Monday emphasised on higher growth in agriculture sector for faster reduction of poverty. Addressing the second Odisha Knowledge Hub (OKH) lecture series on ‘Getting agriculture back on track in the growth agenda of the Nation and State’ at the Secretariat here, Gulati said the agriculture sector has the potential to grow at five per cent per annum as against the present...
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