Complexity and unsolved problems are at the very heart of the sustainability challenge, and at the very heart of M.S. Swaminathan's thinking and essays. In 1798, Thomas Robert Malthus offered the piercing insight that geometric population growth would inevitably outstrip food production, leaving society destitute and hungry. Since that time, our optimism of beating the “Malthusian curse” has waxed and waned. Few people in modern history have done more to help...
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“Fruits of progress have eluded the rural poor”
A higher order of political leadership, a transparent and accountable bureaucracy and activist citizen forums are imperative for effectively addressing hunger and poverty in India, N.R. Narayana Murthy, chairman and chief mentor of Infosys Technologies, said on Sunday. Addressing a policy forum at the international conference on “Eliminating hunger and poverty” hosted by the M.S. Swaminathan Research Foundation (MSSRF), Mr. Murthy said the dark side of India's growth story had been...
More »West Bengal announces subsidies on diesel, power and kerosene
The West Bengal Government on Thursday announced subsidies on diesel for agricultural purposes and on power which will benefit consumers of up to 200 units of electricity monthly. 78 lakhs to benefit While the subsidy on diesel for the agricultural sector will be one rupee per litre, nearly 78 lakh consumers of power across the State will benefit from subsidies that will cost the State Government Rs. 120 crore annually. State Finance Minister...
More »Waiting for second revolution
After failing to come anywhere near the 10th Five Year Plan (2002-07) target of 4 per cent per annum rate of growth of agricultural output, the Planning Commission has projected a lower target growth rate of 3 to 3.5 per cent per annum for the 11th Plan period. While some may view this as a more modest target, others may consider it as still far too ambitious, given the track...
More »Cabinet approves short-term crop loan for farmers at 7%
In an attempt to further subsidise short-term crop loan to farmers, the Union Cabinet on Friday approved release of Rs 4,868 crore to public sector banks. The decision will ensure that farmers, in general, receive short-term crop loan at 7% per annum (5% for prompt payers) with an upper limit of Rs 3 lakh on the principal amount during 2010-11. "The Union Cabinet today gave its approval for the release...
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