-The Telegraph Farmers in Bengal left around 2.8 lakh hectares uncultivated in the just-concluded boro crop season, a silent expression of no-confidence in the state government’s paddy procurement process and a fallout of rising fertiliser prices. The area cultivated in the boro season (January to end-February) can be considered a barometer for man-made farming systems because farmers largely depend on irrigation during this phase. The bigger aman crop (June to August) still...
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Need regulation to make sure that financial inclusion becomes cost-effective by Ashok Khemka
One of the key factors to inclusive growth is financial inclusion for all. Financial inclusion refers to universal access to a wide range of banking solutions and financial services in a fair, predictable and transparent manner at affordable costs. The poor tend to be ignored because the transaction costs in serving them are high. Initiatives that reduce these costs will allow service providers to begin thinking of financial services for...
More »The dream that failed
-The Economist Nuclear power will not go away, but its role may never be more than marginal, says Oliver Morton THE LIGHTS ARE not going off all over Japan, but the nuclear power plants are. Of the 54 reactors in those plants, with a combined capacity of 47.5 gigawatts (GW, a thousand megawatts), only two are operating today. A good dozen are unlikely ever to reopen: six at Fukushima Dai-ichi, which suffered...
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-The Economist A year after Fukushima, the future for nuclear power is not bright—for reasons of cost as much as safety THE enormous power tucked away in the atomic nucleus, the chemist Frederick Soddy rhapsodised in 1908, could “transform a desert continent, thaw the frozen poles, and make the whole world one smiling Garden of Eden.” Militarily, that power has threatened the opposite, with its ability to make deserts out of gardens...
More »Fund boost: MPs can now dip into MGNREGA kitty by Prasad Nichenametla
-The Hindustan Times MPs, who already get R5 crore each to develop their constituencies, suddenly have more funds to dip into. The government has made available to them money under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), its flagship livelihood programme. The statistics and programme implementation ministry, which monitors the Member of Parliament Local Area Development Scheme (MPLADS), has decided to converge the fund with MGNREGA after representations from MPs,...
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