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How ‘rural' is India's agricultural credit? by Pallavi Chavan

One of the most intriguing features of India's agrarian economy in recent years is the persistence of agrarian distress in many regions, even while agricultural credit flow has risen sharply. Rising flow of credit to agriculture is normally associated with buoyancy in the farm sector. A closer look at the data on agricultural credit reveals that what is termed agricultural credit may have very little to do with agriculture, the...

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‘Knowledge-sharing a key to global food security' by Shyam Ranganathan

Interdependence and knowledge-sharing are keys to global food security, and the International Treaty on Plant Genetic Resources for Food and Agriculture is the only legally binding treaty that promotes this, according to Xuan Li, Treaty Support Officer. Speaking to TheHindu on Monday, Ms. Xuan Li said 125 countries were signatories to the treaty that allowed access to the developments to individuals and corporations. The treaty provided access and benefit-sharing to 64 important...

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Farmers' support vital for food security: Swaminathan

Farmers' wholehearted support and their economic wellbeing are vital for creating a sustainable food security system in the country, according to eminent agriculture scientist M.S. Swaminathan. Wrapping up a session on food and nutrition security, held as part of a three-day conference on hunger and poverty here on Monday, he said those who expressed their views on the proposed national food security law should keep in mind the plight of farmers,...

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Fruits of reform have failed to reach the poor by Vinay Pandey

The top 20% of India’s population has a more than 50% share of the national income in 2009-10, up from 36.7% in 1993-94, says a study by the National Council for Applied Economic Research, or NCAER. This would seem to confirm the charge that income disparities have increased in the reform years, 1991 onwards, and the rich have got richer as a freer economy has created more opportunities. According to...

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Overcoming the Malthusian scourge by Jeffrey Sachs

Complexity and unsolved problems are at the very heart of the sustainability challenge, and at the very heart of M.S. Swaminathan's thinking and essays. In 1798, Thomas Robert Malthus offered the piercing insight that geometric population growth would inevitably outstrip food production, leaving society destitute and hungry. Since that time, our optimism of beating the “Malthusian curse” has waxed and waned. Few people in modern history have done more to help...

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