-Livemint.com/PTI According to a World Bank report, the number of people living in extreme poverty around the world is likely to fall to under 10% of the global population in 2015 Washington: India accounted for the largest number of poor people in any country in 2012, but its poverty rate was lowest among countries having large number of poor population, a latest World Bank report has said. According to the report,...
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Ramesh Chand, member of NITI Aayog and eminent agriculture economist, speaks to Sanjeeb Mukherjee
-Business Standard India’s growth in agriculture and allied activities has struggled to reach the targeted four per cent average a year in the first three years of the 12th five-year Plan because of a host of factors. The below-average farm growth is widely expected to deepen the crisis in the farm sector. In an interview with Sanjeeb Mukherjee, newly-appointed member of NITI Aayog and eminent agriculture economist Ramesh Chand said over-reliance...
More »Weather department hits bull's eye for the first time with prediction of drought year -Amit Bhattacharya
-The Times of India NEW DELHI: In April this year, the Indian Meteorological Department had stuck its neck out and warned the country of a second straight drought this year. It was IMD's bleakest monsoon forecast, the first time it had predicted a rain shortfall of more than 10%. As it turned out, IMD was spot on. As on September 24, the monsoon deficit for the season was 13%, as against the...
More »Fixing India’s farm failures
-Livemint.com India needs to invest more in developing rural infrastructure The script is familiar. After borrowing heavily for inputs such as seeds, fertilizers and pesticides, farmers in most parts of India wait for the monsoon. When the rain fails, the farmers’ agony begins. Forced migration to cities in search of manual work, distress sales of land and, in extreme cases, suicides are the way out. This kharif season has a distressingly familiar ring...
More »Cabinet approves additional 50 days of work for rural households in drought-hit areas -Vishwa Mohan
-The Times of India NEW DELHI: With India's 40% of the area facing drought situation due to deficient Monsoon rainfall, the government on Wednesday approved additional 50 days of employment over and above 100 days per household per year under the MGNREGA in drought affected areas. The move to increase the days of employment from 100 days to 150 days was approved by the Union Cabinet, which met under Prime Minister Narendra...
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