In 2-3 years after implementation, money generation was seen Melaneelithanallur village in Tirunelveli district is bone dry most of the year. Lack of water for crops over the years turned the soil into dry wastelands, considered unfit for use. “Until a few years ago, almost all the farmers in the region wallowed in debt and poverty. Many households lacked even proper metal utensils for cooking as the inhabitants used to pawn...

Agriculture, which had dragged down growth during UPA's first term, is now helping the GDP numbers shine. Good monsoon has helped drive the growth expectations comfortably over 5 per cent, adding some new shine to the Economy. According to Advance Estimates, the government expects that the 8.6 per cent growth of the Economy during the current fiscal will be powered by agriculture growing at 5.4 per cent, a big jump over...

The Mahatma Gandhi National Rural Employment Guarantee Act — or MGNREGA as it is commonly known — has completed five years. Since its inception, I remember how joyous I was while becoming part of the process of its being passed in the Lok Sabha. In fact, we were restless for the delay in the presenting of the standing committee's report. I felt it took too long a time in deliberating...

There are many critics and sceptics with respect to the Mahatma Gandhi National Rural Employment Guarantee Scheme, which came into being because of political pressure that managed to overcome quite strenuous opposition from some of the most influential policy making circles. It is likely that much of this criticism is not really because of the declared reasons, like fiscal costs (which are thus far very little) and potential leakage. Rather,...

Inflation in vegetables to come down to 7% by March Modernisation of agricultural marketing is important when dealing with inflation in the long run, Montek Singh Ahluwalia, deputy chairman of the planning commission, said here today. “The present system of intermediation is high costs and an efficient supply chain. Stress has to be laid on ensuring that farmers are able to realize higher margins, while consumers are able to get cheaper commodities”,...