-The Business Standard Had late winter rains not damaged some standing crops in northern states, India would have had record foodgrain production of 263 million tonnes (mt) in 2013-14. Whatever the loss of rabi crops, the good southwest monsoon allowed India to record the targeted growth of four per cent in production. However, a good season should not distract us from the reality of the farm sector's vulnerability to major shocks...
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Universal pension for Indians -Kenneth Apfel
-Live Mint Economic transformation calls into question whether family-based support will continue over the next century Many of India’s growing elderly population face serious financial challenges. It is imperative that India institute a long-term strategy to strengthen the economic security of the elderly. While steps have been taken to provide pension security for some citizens, India still has a very long way to go to prepare for the future. As a very...
More »Women entrepreneurs face constraints in accessing finance
A new report entitled Improving Access to Finance for Women-owned Businesses in India (2014), jointly produced by the International Finance Corporation (IFC) and Government of Japan, underlines the importance of lending to women-owned micro, small and medium enterprises (MSMEs)* in India (see the link below). It discusses the problem of accessing finance faced by women entrepreneurs despite them having stronger repayment track records vis-à-vis men (non-performing loans are 30 to...
More »Organic cotton production declines in India as brands shift to Better Cotton Initiative -Jayashree Bhosale
-The Economic Times PUNE: India is still the largest producer of organic cotton in the world, accounting for two-third of the global organic cotton production. But, the total organic fibre production of the country has fallen by close to 50% as global brands shift to Better Cotton Initiative (BCI). A marketing-driven green alternative to conventional cotton grown using chemicals, BCI is growing rapidly and getting premium over the conventional cotton. From...
More »Karnataka LS members spent 75 p.c. of MPLADS funds-Anil Kumar Sastry
-The Indian Express They were entitled to a total of Rs. 516.93 cr. in 2009-14 Bangalore: Members of the 15th Lok Sabha from Karnataka have spent about 75 per cent of the funds under the Member of Parliament Local Area Development Scheme (MPLADS). Among them, Bellary MP J. Shantha has spent the least - Rs. 5.89 crore out of the Rs. 12.11 crore released (48.65 per cent). According to the Union Ministry of...
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