-The Telegraph The recent budget talked about the government's plan to double farm incomes in the next five years. This will be done through investments in rural infrastructure, especially irrigation. About 50 per cent of land under foodgrain production in India is irrigated. This means that half of the foodgrain producing land in India faces weather uncertainties and, hence, those working on them face annual (seasonal) variations in income. These variations...
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Can India beat this slowdown? -Jayan Jose Thomas
-The Hindu It is only due to the high rates of growth in the services sector that India’s overall economic growth appears robust. The world economy is so hard to predict. In 2008, as the global financial markets plunged into a crisis, high oil prices were considered to be one of the factors that caused it. Today, many fear that the world economy is on the edge of another recession. Guess what...
More »‘Urban poor own nominal assets’ -Samarth Bansal
-The Hindu On an average, rural and urban households own assets worth Rs.10 lakh and Rs.23 lakh respectively. The average asset holding of the bottom 10 per cent of urban Indian households is around Rs. 291, new data from the National Sample Survey Office (NSSO) show. Most households reported owning some kind of physical or financial assets, the survey, conducted in 2012-13 and made public on Friday, shows. On an average, rural and...
More »How Do We Combat Droughts?
-Economic and Political Weekly Agriculture cannot be revived without a different approach to water, soil, crops and research. For the second year in succession, rainfall in the monsoon season has been less than normal. As many as 302 out of the 640 districts in the country have been declared drought-hit and the impact of the drought is the severest in nine major states of south, central and east India. It is striking...
More »Is Madhya Pradesh losing its pulse? -LS Herdenia
-IPA Service Soya bean damage leads to more woes There was a time when Madhya Pradesh was known as "Soya Pradesh". But from this year Madhya Pradesh will cease to be so. Similarly Madhya Pradesh was a leading state for production of all types of pulses. But at present the state is facing severe scarcity of Pulses. Soya crops have been ruined, this fact has been accepted by the Chief Minister Shivraj Singh...
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