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Crop insurance is too returns-oriented -PSM Rao

-The Hindu Business Line Farmers’ incomes are too inadequate for actuarial premium rates to work for them The farm crisis in India continues unabated, proving all the governmental nostrums ineffective. Unfortunately, the new crop insurance scheme — the Pradhan Mantri Fasal Bima Yojana (PMFBY) — recently cleared by the Union Cabinet, to be implemented from the kharif crop cycle beginning this June, too, is unlikely to bring in any significant relief to...

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Unemployment down in urban centres, but persists in rural areas, says survey -Samarth Bansal

-The Hindu 'Unemployment level in India is highest among those people who are richer and more educated.' The unEmployment Rate in urban areas reduced from 4.5 per cent in 2004-05 to 3.4 per cent in 2011-12, new data from the National Sample Survey Office show. In rural areas, the rate has been stable at around 1.7 per cent during this period. According to the survey, which was conducted in 2011-12 and released on...

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Prof. Jan Breman, Professor Emeritus at the Amsterdam Institute for Social Science Research, interviewed by G Sampath

-The Hindu Jan Breman takes a long view of the changes he’s seen in India over half a century. Perhaps no other scholar in the social sciences has studied India’s poor and its informal economy as intensively as Jan Breman. The sheer temporal span of his research is mind-boggling. He began his study in south Gujarat 15 years after India’s Independence — in 1962. And he was in south Gujarat in...

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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...

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Road map for Kerala -R Krishnakumar

-Frontline.in An initiative focussed on Kerala’s development experience exposes a worrying trend of rising inequality and proposes a strategy for sustainable and equitable growth. THE fourth international Congress on Kerala Studies, organised by the A.K.G. Centre for Study and Research in Thiruvananthapuram on January 9-10, has generated much interest for its focus on a worrying new trend in Kerala’s development experience: rising inequality and marginalisation of large sections of people despite...

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