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In a first, Solapur decides to give up on sugarcane cultivation -Ketaki Ghoge

-Hindustan Times Mumbai: For a state considered the sugar bowl of the country and home to generations of politically heavyweight co-operative doyens, this is a sign of changing times. The drought-prone Solapur district in western Maharashtra, which has the highest number of sugar factories in the state (33), has finally decided to put a stop to cultivation of the water-guzzling sugarcane crop, with its collector saying the area under cultivation for the...

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₹1-lakh cr to be disbursed under MUDRA for micro-entrepreneurs -Shishir Sinha

-The Hindu Business Line Finance Minister meets bankers to set targets To promote very small businesses, the Centre aims to facilitate credit up to ₹1 lakh crore under the MUDRA scheme in the current fiscal. According to a senior government official, the credit facility issue was discussed at a meeting between the Finance Minister and bankers recently. It was proposed that for the current fiscal, the target under ‘Shishu’ category would be ₹40,000 crore,...

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Who cares for the small farmer? -PSM Rao

-The Hindu Business Line Not the RBI, going by the revised priority sector lending norms, which will further reduce credit to the marginalised Prime Minister Narendra Modi has often expressed his sense of anguish at the plight of farmers. In a recent statement in the Lok Sabha, he noted that the agriculture community’s problems were “old, deep-rooted and widespread”, and stated that farmers cannot be left to fend for themselves. Implicit in that...

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Varun Gauri, Senior Economist, Development Research Group at the World Bank, interviewed by Anjuli Bhargava

-Business Standard The World Bank's latest report "Mind, Society and Behaviour" calls for re-designing development policy based on a more realistic understanding of how human beings think and behave. The lead author of the report, Varun Gauri, was in New Delhi and spoke to Anjuli Bhargava on the thinking behind the report and what India can do with it. Edited excerpts: * Right from the cover design to the title, this report...

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The Importance of Being 'Rurban': Tracking Changes in a Traditional Setting -Dipankar Gupta

-Economic and Political Weekly A categorical distinction is facing rough weather--that between urban and rural. If we take just agriculture, there is so much of the outside world that comes in not just as external markets but as external inputs. Further, many of our villages barely qualify as rural if we were to take occupation alone. So the earlier line that separated the farmer from the worker in towns is slowly...

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