Kerala has done well in the field of higher education and holds much promise. But further policy initiatives are needed to sustain the momentum and prepare for future challenges. Kerala, almost alone among Indian States, has pursued a consistent and in many ways successful higher education policy. It educates 18 per cent of its young people, double the national average, and has universal literacy. It is worth looking at what might...
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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...
More »Beyond prescriptive targets by AR Nanda
A sustainable population stabilisation strategy needs to be embedded in a rights-based and gender-sensitive local community needs-led approach. An authoritarian top-down target approach is not the answer. The evolution of government-led population stabilisation efforts in India goes back to the start of the five year development plans in 1951-52. A national programme was launched, which emphasised ‘family planning' to the extent necessary to reduce birth rates to stabilise the population at...
More »Hernando de Soto interviewed by Shekhar Gupta on NDTV’s Walk the Talk
Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...
More »Centre plans doorstep banking in Red Corridor by Saubhadra Chatterji
The finance ministry is planning to change the face of banking in the Red corridors at the tribal heartlands of India. The move is part of the government decision to redraw its law and order management and development plans in view of the growing Naxalite menace threatening the Indian state. As the banks, like any other government institutions bear the brunt of Naxalite terror, Finance Minister Pranab Mukherjee is mooting the...
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