-The Hindu Business Line The decline in share of cooperatives in total farm credit is a cause for concern and needs to be corrected, says Ramesh Chand, Member, NITI Aayog . An agriculture expert and a full-time member of the Aayog, Chand believes that financial inclusion in the sector has three dimensions – geographical distribution of farm credit, more long-term credit, and larger role of cooperatives. In an interaction with BusinessLine, Chand...

-The Hindu Business Line As the Right to Information Act completes 10 years, we examine how RTI has changed people’s lives, become a byword for democracy, and helped alter the relationship between citizen and state Mintu Devi’s relationship with the ration shop changed the day she filed an RTI. In the jhuggis of New Seemapuri, situated on the northeastern edge of Delhi, she is a legend. The 37-year-old mother of four is...

-The Indian Express There is evidence to suggest that with a few modifications, MGNREGA can dent poverty. There are few government programmes that excite as much passion as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). For advocates, it is a lifeline for the rural poor. For critics, it is a programme that distorts Labour Markets and does far more harm than good. In this partisan quicksand, it is hard to...

-The Indian Express My mother does not work”. In country after country, this expression is heard each time someone describes a woman not engaged in paid employment. A recent study by McKinsey, titled “The Power of Parity: How equality for women could drive $ 2 trillion in global growth”, has evidence that every “stay-at-home” woman directly damages a country’s GDP by billions. Its message is that every woman should “work”; India’s...

-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...