-Livemint.com At a time when rural economy is badly in need of stimulus, the least the govt can do is increase spending on MGNREGA It is now officially acknowledged that the rural economy is heading for a distress situation. As if the fall in crop prices was not sufficient, the situation of farmers in India has been compounded by the vagaries of the monsoon with less than normal rainfall last year...

-Economic and Political Weekly Unlimited growth for prosperity in a fi nite planet is not possible. Ecological economists like Tim Jackson, Peter Victor, and others talk about prosperity without growth and highlight the need for greening the economy on a community scale. Using the "criteria of green economy enterprise" set by Jackson and Victor as a tool, this article looks at khadi production, India's community-level cloth production system. Sumanas Koulagi (k.sumanas@yahoo.in) is...

-PTI On the controversial land Bill, Kasturirangan told reporters on the sidelines of an International Conference on Innovative Research here that the Centre was going all out to explain the proposed legislation to the people at the grassroots. Former ISRO chairman Dr K Kasturirangan on Thursday said that development requires resources like water, power and land for manufacturing and creating jobs. On the controversial land Bill, Kasturirangan told reporters on the sidelines...

-Hindustan Times Bhopal: In a 1957 Bollywood classic Naya Daur, man battles machine and prevails. But in the canal irrigated areas of Madhya Pradesh, manual labourers are losing to a combine harvester, a rapid harvesting machine. Combine harvesters that first made their appearance in the 1960s turned out to be more economical and efficient ways of harvesting crops and then on they began to challenge the manual labour. Now the situation has come...

-Hindustan Times Prime Minister Narendra Modi on Wednesday launched the Mudra bank which will provide loans of up to Rs 10 lakh to small entrepreneurs including shopkeepers and beauty parlour owners, hoping that it will promote growth and create jobs. Short for Micro Units Development and Refinance Agency Bank, the financial institution will act as a regulator for micro-finance institutions (MFIs). Mudra Bank will have a corpus of Rs 20,000 crore, Modi said...