At BANCON (annual bankers' conference) 2011 in Chennai, financial institutions explored avenues for greater participation in agriculture and rural development. There are a few areas in need of additional attention and investment. Green Revolution technologies are scale-neutral but not resource-neutral. Inputs are needed for output; therefore market-purchased inputs become important in providing soil and plant healthcare for higher yields. Social scientists point out that small and marginal farmers will be excluded...
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Putting Growth In Its Place by Jean Dreze and Amartya Sen
It has to be but a means to development, not an end in itself Is India doing marvellously well, or is it failing terribly? Depending on whom you speak to, you could pick up either of those answers with some frequency. One story, very popular among a minority but a large enough group—of Indians who are doing very well (and among the media that cater largely to them)—runs something like...
More »India is the most likely place for the seventh billionth child to be born by Jason Burke
There are serious concerns over shortages of food and housing as the country's population is expected to reach 1.45bn by 2035 The Madanpur Khadr colony is a tenement slum on the southern outskirts of Delhi, the Indian capital. A decade ago there was nothing here but green fields, buffaloes wallowing, goats grazing and the odd small dwelling. Now an estimated 40,000 people live in ramshackle, five-storey, brick and concrete homes, 10 to...
More »Human Development Index rises 21 per cent, Kerala tops chart: report
The Human Development Index (HDI) in the country rose by 21 per cent, says a report while cautioning that health, nutrition and sanitation remained key challenges for India. India Human Development Report, 2011, prepared by the government's Institute of Applied Manpower Research, placed Kerala on top of the index for achieving highest literacy rate, quality health services and consumption expenditure of people. Delhi, Himachal Pradesh and Goa were placed at second, third...
More »Bharat catching up with India by Amitabh Sinha
In the gathering gloom of slowing growth and political drift, comes some good news to brighten up the festival season. The latest Human Development Report, released today, shows that “inclusive growth” — the mantra of the entire political establishment — may not be just a mere slogan. Socially and economically weaker sections, like Scheduled Castes, Scheduled Tribes and Muslims, are finally catching up with the rest of the country on important...
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