-The Times of India AMRITSAR: The first budget presented by Prime Minister Narendra Modi's government has deflated the expectations of farmers who were looking for 'achhe din' ahead. With a major chunk of farmers reeling under debt, famers and their leaders were disappointed on finding that the finance minister's speech was silent on measures to address the crucial issue of farmer suicides. "In Punjab, the state government's official figures put the farmers'...
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Agriculture sector: Challenges & Reforms Required
-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 released in New Delhi today has highlighted several challenges and reforms required in the agriculture sector. The Economic Survey states that as a concomitant of growth, the share of agriculture and allied sector in gross domestic product (GDP) declined to 15.2% during the Eleventh Plan and further to 13.9% in 2013-14 (provisional estimates-PE). While it still accounts for about 54.6% of...
More »The Planning Commission, in practice -Mihir Shah
-The Indian Express Despite the bureaucratic mindset, there are also tremendous positive effects. As speculation mounts by the day that the Modi government is thinking of winding up the Planning Commission, this is an opportune moment to reflect on the relevance of the institution in the context of a rapidly changing Indian economy and society. One way of classifying institutions is in terms of the balance between their potential positive power (PPP) and...
More »Should you bet on agricultural stocks now? -Sanjay Kumar Singh
-The Economic Times The ills of Indian agriculture are many and well documented: highly fragmented land holdings, inadequate mechanisation, low quality and quantity of inputs, high dependence on monsoons, and so on. But the sector may do better in the future. Prime Minister Narendra Modi's success in raising the pace of agricultural growth in Gujarat and his government's intention of introducing agri reforms-the recent raising of import duty on sugar, meant to...
More »CBSE schools triple as board’s popularity grows across India -Vinamrata Borwankar & Hemali Chhapia
-The Times of India MUMBAI: The landscape of school education has for long promised a variety of options. Almost half-a-dozen school boards-local, national and international-offer Indian students a choice of academic algorithms for careers ahead. But of them all, CBSE (Central Board of Secondary Education), which was largely designed for those who moved home and could not be loyal to a state board, is picking up popularity across the nation. In 1996-97,...
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