-Livemint.com Merely putting the labour component of other projects in MGNREGA may not lead to any value addition There are several studies and reports that clearly show that the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has accomplished its objectives to a large extent. Initially, this government derided the programme as some kind of a dole—but it later acknowledged its role in rural development, if reluctantly. The chief ministers’ council in...

-The Hindu Findings of study carried out in the Arkavathy sub-basin. Despite water crisis, farmers in villages around the Arkavathy sub-basin have been growing water intensive crops, according to a study by Ashoka Trust for Research in Ecology and the Environment (ATREE) published in the journal Irrigation and Drainage. The study, 'Adapting or Chasing Water? Crop Choice and Farmers; Responses to Water Stress in peri?urban Bangalore’, was a part of an extensive socio-hydrological...

-The Indian Express It is important to evaluate the consequences of the Centre’s agriculture policy. With elections around the corner, it’s too late for a course correction of the farm SECtor, but it’s an opportune time to document the unintended consequences of half-baked policies for the next five years. Otherwise, the momentum of existing policies will continue to feed rural economic misery. Agriculture GDP growth plummeted just as India’s agricultural trade surplus,...

-Down to Earth For every million rupees spent on agricultural research, 328 people are pulled out of poverty. In contrast, the same amount spent on power subsidies brings only 23 people come out of poverty. The message is clear. With the Union elections only a few months away, the Centre should prioritise capital investments over populist subsidies to deliver on its promise of strengthening the farm SECtor. This is important, especially when the...

-Livemint.com The problem escalated due to the government’s focus on infrastructure during 2002-09, especially with the efforts made to promote public-private partnerships The past two years or so have seen rapidly increasing stress in the Indian banking SECtor, with non-performing assets (NPAs) steadily climbing from under 3% to over 13% of total assets. Loan-loss provisioning for NPAs has seriously eroded the capital base of several banks, limiting their ability to make further...