At BANCON (annual bankers' conference) 2011 in Chennai, financial institutions explored avenues for greater participation in agriculture and rural development. There are a few areas in need of additional attention and investment. Green Revolution technologies are scale-neutral but not resource-neutral. Inputs are needed for output; therefore market-purchased inputs become important in providing soil and plant healthcare for higher yields. Social scientists point out that small and marginal farmers will be excluded...

The death recently in Nairobi of Kenyan environmental crusader and 2004 Nobel Peace Prize winner Wangari Maathai brings to mind the work of another development activist and Nobel peace laureate (2006), Muhammad Yunus of Bangladesh. Their fields were different but their goals were the same: empowering poor, ordinary women for social and economic growth. Perhaps it’s no coincidence that this year’s Nobel Peace Prize has gone to three women who are...

-The Business Standard   After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping...

Mihir Shah, member of the Planning Commission and chairman of the committee to redraft rules and guidelines of NREGA, tells Sreelatha Menon that the Act may also cover farm labourers. The consortium of NGOs that recommended changes in the National Rural Employment Guarantee Act (NREGA) was founded by you, but your suggestions have been criticised. You seem to consider it a lack of demand rather than a supply problem. First, you should...

-The Times of India   After taking lead in helping the country draw up the Rigth to Information Act and the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), Rajasthan has become the first state in the country to have drafted a policy underlining the importance and the need to preserve and secure common land (commons) in rural areas. The government has issued a series of orders to facilitate the process and aims...