With regional disparities, the target of four per cent agricultural growth remains elusive The importance of agriculture in the Indian economy becomes quite clear just before the monsoons. Though other sectors contribute a greater share to the national income, more than three quarters of India’s rural population is still dependent on agriculture as the primary driver of income. India has come a long way from an era of vulnerability to food shortages...
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Rains damage wheat crop, delay harvest
-The Economic Times Rains in the last few days across the country excluding the southern peninsula have affected the standing wheat crop. Harvesting has already been delayed by a fortnight in punjab, the wheat bowl of the country. State governments are advising farmers not to bring the moisture-laden wheat to market yards for sale. "At isolated places, there are instances of water-logging. It will not impact production with harvesting at its peak...
More »Nrhm lessons: high-tech fund watch planned-Mukesh Ranjan
As a preventive measure to avoid the recurrence of an NRHM-type scam, the government has worked out an IT-enabled near real-time monitoring network system to keep an eye not only on the fund flow from the Centre to the lowest level but also the physical outcome of expenditure on various Central social sector schemes. The new setup, to be rolled out across India in the next five years, is called the...
More »Why burden us, ask private schools by Basant Kumar Mohanty
Today's Supreme Court judgment saying all private schools other than unaided minority schools must reserve one in four seats for poor children has provoked dismay in private schools. Principals of leading private schools in Delhi said the 25 per cent reservation would impose a severe financial burden on them. "The government should take care of education for the poor. Why cannot the government open new schools? Why are they pushing the 25...
More »Banks asked to roll out new farm loan products-Dinesh Unnikrishnan
The finance ministry has asked public sector banks to devise products for Indian farmers to ensure they get adequate funding in emergencies. The government, the majority owner of such banks, wants them to roll out products such as emergency loans to farmers that will be linked to savings accounts, a weather index-based insurance product, and set up a credit guarantee fund that will aid farmers in the event of crop losses...
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