-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...
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For the sake of the Good Earth -Rita Sharma
-The Tribune In India, mounting demographic pressures are leading to soil degradation. About 17 per cent of the global human and 11 per cent of livestock population is being sustained on a mere 2 per cent of the world's land and 4 per cent of its freshwater resources. The year 2015 has been designated as the International Year of the Soils by the United Nations. Recently, December 5 was commemorated as World...
More »Climate Change threatens farmers livelihood in Assam -Amarjyoti Borah
-TheHansIndia.com Climate Change and its adverse impacts which includes a change in the rainfall pattern and rising temperature is affecting farmers in the state of Assam, located in India's North East The state which is largely agriculture based has a major portion of the state's population engaged in this sector. According to data from the state agriculture department, over 70 percent of the state's population relies on agriculture as farmers, or agricultural labourers,...
More »Cash transfers, the lazy short cut -Mihir Shah
-The Hindu Alleviating poverty in India requires not only cash transfers but also other enabling changes Advocates of unconditional cash transfers claim that they can be both emancipatory and transformative. They argue that people are quite capable of making rational decisions. And that this kind of basic income support can improve their lives. I have no quarrel with the claim that we must trust the poor. Such suspicion is part of an elite...
More »An uncertain Hobbesian life -Feroze Varun Gandhi
-The Hindu India's small farmers have been struggling for centuries now and they need social and governmental action to change their future Of India's 121 million agricultural holdings, 99 million are with small and marginal farmers, with a land share of just 44 per cent and a farmer population share of 87 per cent. With multiple cropping prevalent, such farmers account for 70 per cent of all vegetables and 52 per cent...
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