-Al Jazeera Prime Minister Narendra Modi is unlikely to narrow the gap between Indian elites and the rest of the population India has experienced a significant economic growth spurt in recent decades. After seeing annual growth of 3 percent in the years after independence in 1947, the rate began to double, reaching a rate of around 6 percent per year after 1980. However, the distribution of growth proceeds has been very uneven...
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For a second Green Revolution in India -Bijay Singh
-The Hindu Business Line Precision agriculture is the key, which relies on interactive mobile-based applications and timely feedback In an effort to tackle sluggish long-term agricultural growth in India, Prime Minister Modi is calling for a second Green Revolution. One in every two Indians relies on agriculture for livelihood, yet India still has the second highest number of undernourished people in the world. It is not surprising, therefore, that our government wants...
More »Tractor sales: Mirroring the rural distress -Harish Damodaran
-The Indian Express While tractor sales trebled during FY04-14, the last year saw a reversal in the trend with the agri industry facing multiple issues. If there is one indicator capturing the changes that took place in rural India over the past decade, along with the emerging signs of distress in the last year, it is the sales of tractors. Between 2003-04 and 2013-14, domestic tractor sales more than trebled from under...
More »A budget to transform -Pulapre Balakrishnan
-The Hindu In the present state of the economy, when there is excess capacity in manufacturing, adequate stocks of foodgrain and the inflation rate is trending downwards, there is an opportune moment for a public investment-centred fiscal expansion Over the past eight months, the government has issued some strong statements on the economy and taken some bold steps aimed at transforming it. As it prepares to present its first real budget we...
More »Keep focus on social sector: United Nations tells India -Chetan Chauhan
-The Hindustan Times A United Nations report on Wednesday asked the government to increase focus on rights-based programmes - like the job guarantee and food security schemes - to eradicate poverty while praising PM Narendra Modi's financial inclusion scheme, the Jan Dhan Yojana. The UN report on India and the Millennium Development Goals (MDGs) comes at a time when the central government has cut the budget for social sector schemes and initiated...
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