-The World Bank In the past 50 years, Indian agriculture has undergone a major transformation, from dependence on food aid to becoming a consistent net food exporter. The gradual reforms in the agricultural sector (following the broader macro-reforms of the early 1990s) spurred some unprecedented innovations and changes in the food sector driven by private investment. These impressive achievements must now be viewed in light of the policy and investment imperatives...
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‘Better farm productivity is critical for India’ -G Chandrashekhar
-The Hindu Business Line World Bank economist says there is ‘policy fatigue' Washington DC: Improving farm productivity is central to the Indian government's goal of achieving ‘faster, more inclusive and sustainable growth', the World Bank has said in a recent report ‘Accelerating Agricultural Productivity Growth in India - Issues and Opportunities'. Although agricultural growth rebounded after 2004-05, two worrying trends emerged: concerns about the nature and sustainability of growth, the report observes, adding...
More »Jan Dhan Yojana: Initially, overdraft amount might be small -Nupur Anand
-The Business Standard Based on the credit history banks may later decide to extend the amount Under the Pradhan Mantri Jan Dhan Yojana, the overdraft facility initially offered by banks will be less than Rs 5,000, the highest under the scheme. Based on credit history, lenders might extend the amount at a later stage. Earlier, the finance ministry had clarified a lower amount might be extended under the overdraft scheme. Under this, on...
More »India hopeful of solution on food security issue at WTO
-The Business Standard Hopeful of directional change in India-China trade relations With the World Trade Organization (WTO) reconvening this month, India is hopeful its concerns on public stockholding for food security purposes will be considered this time, even as the government on Wednesday said it is not the only country is demanding an early resolution to the issue. "Today, the environment is far more in favour of India. People are able to understand...
More »Half the sanitation battle -Pushpa Sundar
-The Indian Express It is heartening that several ministries and companies have responded with alacrity to the prime minister's call for the construction of toilets. It is indicative not only of the PM's authority but also of the fact that the concern is widely shared. The ministry of rural development has proposed to increase the allocation for constructing individual, school, anganwadi and community toilets in rural areas. But it has proposed to...
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