In India, agriculture and allied sector is the source of income for over 60% of rural population and its contribution to GDP has been consistently coming down and currently stands at 14.3%. For the Indian economy to grow at the rate of 8-9%, the growth rate of agriculture sector has to be more than 4%. The critical role of agriculture in the economy highlights the need for a larger investment in...
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Giant and impractical
-The Business Standard Is river interlinking really worthwhile and viable? The Supreme Court’s startling directive to the Centre to set up a “special committee” to expedite river interlinking, which the Court declared was in the “national interest”, has caused the grandiose project to be, once again, closely examined. The idea has been fashionable in fits and starts; it was conceived as far back as the 1970s, and was promoted by the National...
More »With all due respect, My Lords by Ramaswamy R Iyer
In recent times the Supreme Court of India, with a series of remarkable decisions, has earned our admiration, respect and gratitude. Alas, it has now come out with an extraordinary order on the Inter-Linking of Rivers (ILR) Project, which has caused consternation and dismay to many of us. In 2002, in a post-retirement explanation, a defensive Justice Kirpal had said that his order on the river-linking project was not a direction...
More »Monitoring government spending
-Live Mint High on hype, the budget speech of the Union finance minister today is merely a statement of account. As India’s economy diversifies—with the private sector playing an increasingly important role—this annual feature has assumed much lower salience. Not only have fiscal policies lost the space they enjoyed in earlier years, even major policy announcements are restricted to being mere statements of account. Examples from other arenas include “activism” on...
More »State fails to submit list by Pranesh Sarkar
The culture of cholchhe, cholbe is very much alive and kicking. Most of the 18 departments that were asked by the state home department to submit a list of their employees in the Maoist-affected Jungle Mahal area by December 10 have failed to do so. The list was sought to draw up a central incentive scheme for employees working in such sensitive zones. Officials at Writers’ Buildings said that so far, only...
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