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Natural farming catching up in Sri Lanka

The zero-budget natural farming propounded by Subash Palekar has reached Sri Lanka. The natural farming technique that is fast-catching up with the farmers in South India has been taken up by farmers in the neighbouring nation. Sharath Fernando from Sri Lanka, who partook in a meet of farmers from South ASIa at Bangalore, said the Sri Lankan government is supporting the initiative. According to him, farmers in his homeland are facing...

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SC roots for school quota

The Supreme Court today spoke up for a 25 per cent school quota for the underprivileged, asking private schools who have challenged the Right to Education Act on this ground to explain how they were claiming a right to fill all their seats as they pleased. A three-judge bench, headed by Chief Justice S.H. Kapadia, asked the schools to explain under what law they were claiming the right to decide their...

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No cap on MFI interest rates by Shishir Arya

Amidst hue and cry over micro-finance institutions (MFIs) charging the rural poor exorbitant interest rates, Reserve Bank of India norms continue to allow these entities a free hand in determining their charges. The banks lending to MFIs too continue to have full discretion in fixing their rate of interest. RBI has issued a latest master circular reiterating its earlier stand on micro-credit on February 14. Master circulars are like ready-reckoners on...

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In agriculture’s pyrrhic victory, a call to caution by RN Bhaskar

There’s both good news and bad news on the food front.   The good news is that wheat, maize and pulses production during the current year will be the highest that India has seen. Wheat production was expected to be high, thanks to the twin advantages of a high procurement price —- higher than international prices —- and favourable weather conditions. But pulses production too has zoomed, because of the soaring prices in the...

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Growth and other concerns by Amartya Sen

I was awakened early one morning recently by someone who said he was enormously enjoying my on-going debate on economic growth in India. I was very pleased that I had given someone some joy, but I also wondered what on earth he could be talking about, since I have not been involved in any such debate. As it happens, I am getting a steady stream of telephone calls and electronic...

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