-Business Standard Many good ideas for agricultural reform should be in the Budget Shoring up the rural economy that has been crippled because of two successive droughts is clearly a major focus of the upcoming Budget. This is imperative also to revive rural demand for goods and services to stimulate overall economic growth. But how Finance Minister Arun Jaitley will seek to achieve this feat is hard to predict, though what he...

-The Hindu Business Line Farmers’ incomes are too inadequate for actuarial premium rates to work for them The farm crisis in India continues unabated, proving all the governmental nostrums ineffective. Unfortunately, the new crop insurance scheme — the Pradhan Mantri Fasal Bima Yojana (PMFBY) — recently cleared by the Union Cabinet, to be implemented from the kharif crop cycle beginning this June, too, is unlikely to bring in any significant relief to...

-The Hindu The Labour Ministry has mooted the idea of forming a National Social Security Authority, chaired by Prime Minister Narendra Modi, and a separate Social Security Department within the ministry to provide social security to the entire population in a bid to prop up the government’s pro-worker credentials, according to a concept note reviewed by The Hindu. The authority may have all the ministers and secretaries of all ministries dealing with...

-PTI NEW DELHI: Expressing concern over the sustainability of small farms, Agriculture minister Radha Mohan Singh on Saturday said 91 per cent of the total farm holding would belong to small and marginal farmers by 2030. According to the Agriculture Census, the total number of operational holdings in India numbered 138.35 million with an average size of 1.15 hectares. Of the total holdings, 85 per cent are in marginal and small farm...

-Economic and Political Weekly Mihir Shah (mihir.shah@nic.in) is Secretary, Samaj Pragati Sahayog, a grass-roots organisation based in Dewas District of Madhya Pradesh. A close examination of Bihar's recent growth experience reveals several paradoxes. These are paradoxes only with reference to certain orthodox positions widely held in development economics. Resolving these paradoxes helps formulate a more incisive understanding of what bottlenecks lie in the way of eliminating poverty in Bihar and opens the...