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Only 12% deficit in monsoon rainfall: Why is the picture of rural economy still uncertain? -Jayashree Bhosale & Avinash Celestine

-The Economic Times Dinkar Patil, a farmer from Buldhana district in Vidarbha, Maharashtra, normally cultivates cotton on his 13-acre farm land. This year, however, he has skipped the cotton crop and opted for soyabean and tur dal. "The rainfall started late. I did not cultivate cotton because of the delayed rains and the huge increase in cost of cultivation of the crop," said Patil. He is expecting a fall of about...

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Money in black -Varghese K George and Pheroze L Vincent

-The Hindu Corruption in India has undergone a qualitative shift from the days of licence Raj to the era of liberalisation. Opportunities for making money have come in handy for politicians, who were also dealing with a new political situation of fragmentation and instability. In the days leading to the 2008 Assembly election in Karnataka, slum-dwellers in Bangalore were startled to see small bundles flying in through their windows at night. The...

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Govt wants fodder and khoya mandis deregulated

-The Times of India NEW DELHI: After deregulating vegetables last month, Delhi government has now proposed to deregulate khoya and fodder mandis. Both wholesale markets have been suffering losses for the past several years and officials said, with rapid urbanization of Delhi, there is no large-scale farming or dairy activity within the city to sustain them. The wholesale fodder market is located in Mangolpuri's Tikri Kalam area. V P Rao, special secretary...

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The global laggard -Jayati Ghosh

-Frontline   The United Nation's MDG report 2014 shows that despite India's significant economic progress, around one-third of the world's extremely poor people reside in the country. IT is raining development goals. As the period for the Millennium Development Goals (MDGs) draws to a close next year, discussions around these goals and what should replace them have reached fever pitch, with national governments, international organisations and representatives of civil society participating in them. Of...

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A big bang reform that may be spot on -TT Ram Mohan

-The Hindu   The reassuring message in the Pradhan Mantri Jan Dhan Yojana is that in pursuing its economic objectives, the government wants to accord an important role to the public sector even while relying on market mechanisms The goal is hard to achieve. It is costly and unviable. It will create huge stresses in the banking system. The Narendra Modi government's Pradhan Mantri Jan Dhan Yojana (JDY), an ambitious scheme for financial...

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