Are public sector banks (PSBs) important for the economy? Have the PSBs served the purpose for which they were created? Could the PSBs compete efficiently against the private sector banks (PVBs)? These are some of the questions, which have been answered by a chapter in the RBI Bulletin's August edition. Efficiency of PSBs Co-authored by Snehal S Herwadkar, Sonali Goel, and Rishuka Bansal (2022) of the Banking Research Division, Reserve Bank of...
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India's Food Security Is Thanks to the Green Revolution. Let Us Not Deny It -Siraj Hussain
-TheWire.in Science helped India feed itself. Now, there is a clear need for re-imagination for Indian agriculture to bring it in consonance with the ecological requirement of various regions. While we celebrate 75 years of India’s independence, there is one area of which we can justifiably be proud. Even though the green revolution has lately attracted lot of criticism for a variety of damages to soil, water and environment, there is no doubt...
More »Rebuild agriculture to make it future-ready -Devinder Sharma
-The Tribune Rebuild agriculture to make it future-ready With Green Revolution having outlived its utility, it’s time to move to the next stage. The 75th anniversary of Independence provides an excellent opportunity to rethink and redesign the road map. This will call for moving away from the economic thought that has always relied on sacrificing agriculture for the sake of industry. The focus has to be on making the village the hub...
More »Maharashtra farmers threaten to stop onion supplies from Aug 16 demanding better prices
-The Hindu Business Line Growers’ body seeks ₹25, says they are unable to recover production costs Maharashtra farmers, led by the State Onion Growers’ Association, have threatened to stop bringing onion to the agricultural produce marketing committee (APMC) yards from August 16, if they don’t get an average price of ₹25 per kg for their produce. Maharashtra State Onion Growers’ Association President Bharat Dighole said in a statement on Monday: “For the past...
More »India’s ‘wheat waiver’ WTO demand is risk-fraught -Prabhash Ranjan
-The Hindu Such a stand will dilute its core agenda of pushing for a permanent solution to public stockholding for food security One of the cardinal demands of India in the World Trade Organization (WTO) — and rightly so — has been to find a permanent solution to the issue of public stockholding (PSH) of food to protect India’s food security (PSH policy). India’s PSH policy is based on procuring food from...
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