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Village households’ average assets in India at Rs 10 lakh

-PTI   Households in rural areas hold assets worth over Rs 10 lakh on average, less than half the holdings by those in cities, says a government survey. At the same time, villages account for higher proportion of families owning some physical and financial assets at 98 per cent, higher than 94 per cent in urban areas. "Around 98 per cent of rural households and around 94 per cent of urban households in India...

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Farming on machines

-The Financial Express Besides better yield, mechanisation leads to a rise in labour employment   India is known as the land of agriculture, with a holding of nearly 157 million hectares of cultivable land, making our country the second-largest agricultural landholder in the world. With over 58% of the country's population depending on agriculture for earning livelihood, it is also the biggest employment avenue in the country. The Indian Green Revolution is regarded as...

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Plenty of groundwater, not enough to drink -BK Mishra

-The Times of India PATNA: Even as Bihar is endowed with substantial groundwater resources, a vast section of its population has no easy access to potable water. The government claims to have sunk more than 10 lakh shallow and 2000 deep tubewells in different parts of the state, but they fail to cope up with the ever-increasing demand of the people for domestic and irrigational needs. Experts feel that assured availability of...

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Dividend or nightmare -Santosh Mehrotra

-The Indian Express How many jobs must be created to realise our demographic dividend (or avoid a nightmare)? Half of India's population is below 25. The worst-case scenario is that enough jobs are not created for the millions entering the labour force each year, and that this semi-educated mass becomes a force driving social conflict. The reason that East Asian countries (especially China) rode the wave of the demographic dividend and dramatically...

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Karnataka's Smart, New Solar Pump Policy for Irrigation -Tushaar Shah, Shilp Verma, and Neha Durga

-Economic and Political Weekly   The runaway growth in states of subsidised solar pumps, which provide quality energy at near-zero marginal cost, can pose a bigger threat of groundwater over-exploitation than free power has done so far. The best way to meet this threat is by paying farmers to "grow" solar power as a remunerative cash crop. Doing so can reduce pressure on aquifers, cut the subsidy burden on electricity companies, reduce...

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