-The Hindu Groundwater meets three quarters of the State's farming needs The Punjab State Farmers Commission recently published a draft new agriculture policy for the State that envisages substantial crop diversification from paddy and wheat staples that the State has been growing since the sixties. The draft policy, currently being debated in agriculture circles, is the first serious road map to steer Punjab's agriculture towards a new dynamic, necessitated by a sharp...
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Know where to draw the line
-The Hindustan Times India's official poverty line-a vital economic statistic-is threatening to snowball into a major political controversy in an election year. Political parties are busy quibbling over the details of defining a poverty line amid a welter of protests from social activists who are accusing it of abdicating its responsibility. Economists set a poverty line to fix a threshold income to get a headcount of poor people in a country. Households...
More »Bihar’s growth accelerates to a record 14.48%- Kirthi V Rao
-Live Mint Numbers confirm Bihar's structural shift away from agriculture, with sharp increase in share of services sector Bihar has revised its economic growth for 2012-13 to 14.48%, five percentage points higher than what was initially forecast, according to two officials at the state's directorate of statistics. The new numbers confirm the state's structural shift away from agriculture, with a sharp increase in the share of the tertiary or services sector. The data...
More »Their Common Threads -Lola Nayar
-Outlook Growth vs development, Bhagwati vs Sen. Both are right, say experts. *** "Can I not talk about Bhagwati, please? I don't like talking about Bhagwati. He loves talking about me, I do not like talking about him." -Amartya Sen, Telegraph "You must ask Professor Sen, not me, why he will not engage in a debate with me.... After all, he is...
More »Rains, incomes & food: Good monsoon this year is bad news for India -Himangshu Watts
-The Economic Times The monsoon made a dream start this year. Bountiful rainfall in June has prepared the ground for bumper harvest and lower food inflation. But don't celebrate. Look beyond the immediate future and good monsoon this year may not really be good news. It has merely delayed an agricultural crisis, which our complacent policymakers perhaps need to jolt them into action. With food demand rising in step with the growing...
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