-IBN Agriculture and allied activities account for 14.1% of India's GDP in 2011-12 but the proportion of the people dependent for employment in this sector is as high as 58.2.The average annual growth rate of agriculture during the Eleventh Plan Period was about 3.6%. However, declining per capita availability of food grains is of major long term concern. For ensuring nutritional security, it is not only important to increase the per...
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Can higher interest rates tame India's food inflation? -Dipak Dasgupta
-The Business Standard The challenge to anti-inflation policy lies in better institutions and better evidence-based policy Our failure to rein in inflation has been costly. Economically, it has hurt growth. Poor and urban middle-class households have been affected the most. A combination of slowing growth and high inflation has weakened our macro-fundamentals: households fled financial savings, domestic and foreign investors lost confidence, and the rupee plunged. Politically, it has been a disaster. For...
More »India’s Watershed Development Boosts Food Security, Improves Livelihoods-Erin Gray and Arjuna Srinidhi
-World Resources Institute India struggles with water scarcity, a problem that poses especially huge implications for the country's food security and rural livelihoods. The country has long-battled its scarcity issues through Watershed Development, a participatory approach to improve water management through afforestation and reforestation, sustainable land management, soil and water conservation, water-harvesting infrastructure, and social interventions. But while watershed development has been employed in communities throughout India, its potential long-term costs...
More »The subsidy devil is in the detail-Rajiv Shastri
-The Business Standard Expenses such as employment guarantees and loan waivers are, in effect, subsidies that are classified differently in government accounts Over the last few years, the government announced many policy initiatives that purportedly help the weaker sections of our society. Schemes initiated under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) or the distribution of free and affordable food items under the National Food Security Act (NFSA) are examples...
More »As global sea levels continue to rise, 2013 set to be among warmest on record –UN
-The United Nations The year 2013 is currently on course to be among the top ten warmest years since modern records began in 1850, the United Nations World Meteorological Organization (WMO) said today, adding that melting ice caps and glaciers have contributed to a record high in global sea levels. "Temperatures so far this year are about the same as the average during 2001-2010, which was the warmest decade on record," said...
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