Growing numbers of elected representatives fund their poll campaigns with corporate backing. And growing numbers of people with a big business background have ventured directly into the electoral arena. Corporate Affairs Minister Salman Khurshid’s call for restraint, however mild, on the CEO feeding frenzy at the compensation trough, seems the least objectionable statement made by a Minister in months. (Contrast this, for example, with the Agriculture Minister’s warning that people...
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Grow more rice with fewer inputs and save the environment for free!
The procurement of rice for distribution under the proposed Right to Food scheme has renewed the fears of irreversible depletion of water table in India’s grain producing regions. It is feared that unless more scientific and progressive methods of rice cultivation are used, the otherwise welcome scheme would lead to more sowing of summer paddy leading to more injudicious water use and further soil degradation. Many rural NGOs and agricultural...
More »The road to inclusive growth
Why the provision of a good school education is the key first step. The twin goals of Indian economic planning have been rapid all-round economic growth and equitable sharing of the fruits of development. The country has made significant progress in realising the first objective. But the second goal has remained elusive. After six decades of planned economic development, the disparities have widened and some three-quarters of the population are...
More »Sad demise of YSR a blow to rural development
The tragic demise of Andhra Pradesh Chief Minister Y S Rajasekhara Reddy is a blow to the rights approach to development in India. YSR, as the medical doctor-turned-CM was popularly known, was a pioneer of at least one hundred path breaking rural schemes such as the NREGS and old age pensions that were offered to the poor not as dole but as a matter of right. For records, the first...
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KEY TRENDS • In 2017-18, 24.8 percent of rural working-age men and 74.5 percent of rural working-age (viz. 15-59 years) women were not employed. In urban areas, 25.8 percent of working-age men and 80.2 percent of working-age women were not employed AB • Both the Periodic Labour Force Survey (PLFS) and the Consumer Pyramids Survey of the Centre for Monitoring the Indian Economy (CMIE-CPDX) report the overall unemployment rate to be around 6 per cent in 2018,...
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