-The Hindu Reviving the Farm Income Insurance Scheme could be the best tool for small and marginal farmers to fight falling prices in an increasingly globalised marketplace. Data from the recently held National Sample Survey Organisation (NSSO) survey show that close to 60 per cent of rural households are dependent on agriculture for their livelihood. More than half of them are at risk of defaulting on their debts with either banks or...
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A new public policy for a new India -Shiv Visvanathan
-The Hindu What makes public policy exciting and potentially inventive is the contested nature of the public sphere. It is anchored in a diversity of perspectives which challenges the dominance of one subject. India is a country full of paradoxes. The elite in the country are forward-looking; they emphasise the need for reskilling but they conduct all this with backward-looking institutions. An acute observer once said: "we want to be [a] knowledge...
More »Targeted lending to farmers a must -Gopa Kumaran Nair and Nirupam Mehrotra
-The Financial Express In a column in The Financial Express, ("Time to tweak priority-sector lending", goo.gl/6O8AOL, February 6), the author made a case for "tweaking" priority-sector lending (PSL) norms which largely stipulate that the commercial banks direct credit towards certain vulnerable sectors and target population. Specifically, the article argued for revisiting the sectoral targets and cited a reduction in the share of agriculture sector in GDP as a valid reason...
More »India, US disagree over food security
-PTI GENEVA: Disagreements flared up between the US and India here today at the first informal meeting to find a permanent solution on public stockholding for food security in developing countries. The G-33 countries led by India and including China want public stockholding for food security purposes to come under the "Green Box" -- domestic support for agriculture that causes minimal or no trade distortion. Please click here to read more. ...
More »How effective are social security and welfare in India? -Anumeha Yadav
-The Hindu India's growth story of the last two decades has had one recurring theme: that the pattern of economic growth is accentuating insecurities. Yet, there continues to be a deep divide over whether the gains from growth ought to be ploughed back to achieve social security for everyone. Social security has come to be linked to job benefits, tying it to one's status as a worker in the formal or...
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