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Golden yields - Focusing on agriculture alone will not improve farm incomes -Shubhashis Gangopadhyay

-The Telegraph The recent budget talked about the government's plan to double farm incomes in the next five years. This will be done through investments in rural infrastructure, especially irrigation. About 50 per cent of land under foodgrain production in India is irrigated. This means that half of the foodgrain producing land in India faces weather uncertainties and, hence, those working on them face annual (seasonal) variations in income. These variations...

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Flimsy arguments to justify contract labour -KR Shyam Sundar and Rahul Suresh Sakpal

-The Hindu Business Line The Economic Survey’s efforts to link ‘excess’ labour regulation to this practice do not stand up to scrutiny The Economic Survey has unconvincingly linked the practise of contract labour to an excess of labour regulation — what it calls ‘regulatory cholesterol’. The Survey alleges that to negotiate the regulatory “cholesterol” in labour law firms resort to contract labour. This is a contestable view. According to the Survey, extensive use...

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Why microfinance is fading out -M Sureshbabu and Arun Kumar Gopalaswamy

-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...

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Girls as good as boys in maths: NCERT survey -Manash Pratim Gohain

-The Times of India NEW DELHI: The notion that girls are not good with numbers and science is just a myth, if data from a nationwide survey of more than 2.7 lakh students is any indicator. The survey conducted on Class X student showed girls performed on an equal footing with boys in mathematics, science and social sciences. The study, however, upheld another common conception — that girls have better language skills....

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The budget’s dangerous philosophy -Harsh Mander

-Livemint.com The government relies on for-profit big business to deliver public goods despite their inability to deliver Can we listen to the budget as an annual public statement by the government of its economic and social philosophy and intent? The centre abandoned five-year plans that earlier laid down a road map of where government policies are headed. The budget, then, is an important reality check of whether the government is literally...

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