-Hindustan Times Nearly half of what the average Indian earns she spends on food. And when food prices rise, the average Indian’s budget feels the strain. In November, the consumer food price index, which tracks food prices at retail sales points, was up 6.07% as compared to 5.25% in October. Even data relating to the Wholesale Price Index (WPI), which tracks prices of commodities when they are traded in bulk, show...
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Sow seeds of productivity to ameliorate rural poverty -Saket Misra
-Hindustan Times Revolution imminent… genetically modified seeds produced by MNCs cause farmer suicides. Incendiary, out-of-context sound-bites juxtaposed between heartrending visuals distort rural poverty from a complex issue that each Indian must help resolve to a simplistic, accusatory Peepli Live feature. Instead of quixotic and strident anti-growth agendas offered as panacea, a coordinated and consistent approach to poverty reduction is needed. Poverty reduction needs development. The linkage between economic growth and poverty reduction is...
More »Nearly half of India’s districts drought-hit as crisis accelerates -Samar Halarnkar
-Hindustan Times India, the father of the nation famously said, lives in its villages, or, as many call it, Bharat. There is no doubt that a great shift is underway: As 600 million move out of rural areas over the next 35 years, India will need about 500 new cities. But unless Bharat offers a fraction of the hope that ushered in Narendra Modi’s era, the ongoing urban transformation of India...
More »On top of drought-hit Jharkhand farmers’ mind: how to stay credit-worthy -Sanjoy Dey and Subhash Mishra
-Hindustan Times Ranchi: Jaidev Mahto, 65, mortgaged 2.5 acres of land to repay a bank loan of Rs 25,000. A resident of Bardaha village in Dhanbad district, Mahato had taken the loan against his Kisan Credit Card (KCC) for Kharif crops that were damaged completely due to scarcity of rainfall this year. Hemant Singh, 50, a farmer of Pyraguri village in East Singhbhum district, took a KCC loan of Rs 28,000 for...
More »Lower spectrum cost, right of way for cheaper access to Internet -Nikhil Pahwa
-Hindustan Times During his town hall address at IIT Delhi, Facebook CEO Mark Zuckerberg said: “Those who don’t have access to the internet cannot sign online petitions.” But how can he decide what is best for them? Recent research by Amba Kak at the Oxford Internet Institute found that financially constrained users prefer buying shorter duration Internet plans (e.g. three days) with all access, as opposed to WhatsApp-only plans that are...
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