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The global laggard -Jayati Ghosh

-Frontline   The United Nation's MDG report 2014 shows that despite India's significant economic progress, around one-third of the world's extremely poor people reside in the country. IT is raining development goals. As the period for the Millennium Development Goals (MDGs) draws to a close next year, discussions around these goals and what should replace them have reached fever pitch, with national governments, international organisations and representatives of civil society participating in them. Of...

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Reforming agriculture: time for the next green revolution? -Shujaul Rehman

-The Hindu Business Line How ‘Protected Cultivation' can help prevent crop damage due to national disasters While the first green revolution managed to make the nation self sufficient the next round of reforms certainly needs to address the problems faced by today's farmers. According to statistics available on Indian Council of Agricultural Research, India reaped a record foodgrain production of 259.32 million tonnes (mt) in 2011-12. However, the output fell to 257.13...

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Why buying cows is just like investing in stocks -Pramit Bhattacharya

-Live Mint The return on cows and buffaloes, like that of many stocks traded on Wall Street, is positive in some years and negative in others This is one piece of news that would please Dinanath Batra and his cow-loving fans: Recent research by a team of economists show that rural Indians investing in cows and buffaloes may be acting quite rationally, overturning earlier research by another set of economists which showed...

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Efficient, labour-saving machine for harvesting and cleaning turmeric -MJ Prabu

-The Hindu Among various cash crops, turmeric has a potential market value all through the year since it is mainly used as a value added product. Erode is a turmeric cultivating hub in Tamil Nadu and almost all farmers in the region are growing this crop. But the main issue with this crop is that like paddy, it is labour intensive. A huge labour force is required for weeding, earthing, fertilizer application, harvesting...

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Corporate karza maafi at Rs. 36.5 trillion -P Sainath

-PSainath.org The revenues foregone in 2013-14 could fund the rural jobs scheme for three decades or the PDS for four and a half years.  It was business as usual in 2013-14. Business with a capital B. This year's budget document says we gave away another Rs. 5.32 lakh crores to the corporate needy and the under-nourished rich in that year. Well, it says Rs. 5.72 lakh crores but I'm...

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