-The Hindu Inclusive growth can be possible only in an inclusive society, Bhalchandra Mungekar, president, Institute of Advanced Study, Shimla, said on Monday. Scheduled castes and tribes, and minorities constitute a majority among the people below poverty line, accounting for one-third of the country's population. Existence of 40 crore people below poverty line even 60 years after Independence was a cause for immense concern, Dr. Mungekar said, cautioning that the situation was...

The advance estimate of national income in 2011-12, released recently by the Central Statistical Organisation points to a decline in India’s GDP growth rate from 8.4 per cent last year to 6.9 per this year. The government, obsessed with growth rates, is deeply disappointed. Hence there is already talk of the need to respond and demands that the Reserve Bank of India should reduce interest rates are being heard. There...

-The Business Standard Implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), a flagship programme of the Central government to alleviate poverty, has resulted in an increase of up to 20 per cent in the cost of farm production in Karnataka. It has also created a shortage of labour in the agriculture sector in the state. According to a study conducted by the Bangalore-based Institute for Social and Economic Change...

-Live Mint   Never in the history of India has a welfare programme of such scale been launched before. As the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) enters its seventh year, its statistics are staggering. In 2011-12, 37.8 million households were provided employment and 1,208 million persondays of work were generated. In its scale and ambition, the programme is pharaonic. If the programme succeeds in its mission—and that is still a...

India has been striving to achieve 4% growth rate in farm output since the beginning of Ninth Five-Year Plan. However, actual growth rate has remained invariably lower than the targeted growth rate. Further, agriculture witnessed a sharp slowdown during mid-1990s to the middle of the first decade of 21st century.  Annual growth rate in farm GDP declined to 2.4% a year during 1995-96 to 2004-05 from more than 3% in the...