Although rising food prices remain a critical concern, finance minister Pranab Mukherjee is counting on better supply management, improved output of pulses and rice, better access to rural credit and strengthening of existing agricultural schemes to bolster India’s farm output. The rural economy employs about 60% of India’s work force, contributes about 17% of gross domestic product, and is expected to post 5.4% growth over last year, according to advanced estimates...
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Fishers in Survival Battle With Turtles by Manipadma Jena
A growing number of endangered olive ridley sea turtles have been getting killed in Eastern India’s coastal state Orissa by mechanized vessels defying a fishing ban on one of the world’s largest turtle sanctuaries, Gahirmatha. While the government said "no more than 800" were killed since November last year, environmentalists counter that the casualty count of these tiny turtles is actually 5,000. The problem illustrates the situation that confronts Orissa and other...
More »Increase outlay for higher and technical education by Dhiraj Mathur
The government passed the historic Right to Education Act (RTE Act) making education a fundamental right of every child.The Act makes it obligatory for the government to ensure that every child in the six to 14 years age group gets free elementary education.According to government estimates, there are nearly 220 million children in the relevant age group, of which 4.6%, or nearly 9.2 million, are out of school.Under the Act,...
More »How not to tackle the black economy in India by Arun Kumar
Technically, we know how to check the black economy but the problem is political. More studies or committees and treaties with foreign governments are only to stall action. Another Joint Parliamentary Committee has been announced. The government has been trying to create an impression of being proactive with regard to tackling the black economy. The President's address and the speech by Sonia Gandhi in January mentioned the need to curb it....
More »Survey outlines reform agenda for accelerated growth by Ashok Dasgupta
Policy reforms required to bring about better convergence of schemes Streamlining of environment clearance for infrastructure projects suggested Higher farm sector share in economic development needed The Economic Survey 2010-11 has advised the government to carry out nearly a dozen reforms pertaining to various sectors of the economy and stressed that action in this regard would be necessary to achieve the 9 per cent GDP (gross domestic product) expansion projected for 2011-12 and...
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