Farmers should be trained in the use of the machinery, while production units must leverage the services of ITIs The recently released NCAER white paper on ‘Making India a Global Power House in the Farm Machinery Industry’ reveals a mismatch between what the organised industrial sector is producing, especially in the non-tractors segment, and what... Read More
Not factoring in climate risk will cost cities dear. India is one of the fastest growing economies in the world. According to EY forecast, India is expected to be a $26 trillion economy (in market exchange terms) by 2047. The per capita income is expected to increase to $15,000, putting the country among the ranks... Read More
Misdirected. Instead of ‘Big Food’ focus, farmers must be empowered to make millets a vital part of food schemes. India is at the forefront of an exciting movement to promote millet consumption. Having successfully proposed 2023 as the International Year of Millets to the United Nations, India has positioned itself as the global leader in... Read More
During his post-monetary policy media interaction last week, RBI Governor Shaktikanta Das declared that the central bank has paused, not pivoted. After raising interest rates by a cumulative 250 bps, in six consecutive meetings during the period May 2022-February 2023, the RBI decided to keep the policy rate unchanged in its first monetary policy meeting... Read More
India is achieving significant strength in the allied space of agriculture. Fishery, dairy, and livestock are the areas of livelihood support for the millions. Moreover, India’s nutritional and food securities are deeply rooted in this sector. Among the allied activities of agriculture, the fishery is growing at a higher pace and is recognized as a... Read More
While digital financial services have made access to finance easier, faster, and less costly, helping to broaden digital financial inclusion, its impact on gender gaps varies across countries. Moreover, women leaders in the fintech industry, although growing, remain scarce. This paper explores the interaction between ‘women’ and ‘fintech’ by examining: (i) the role of women... Read More
Dramatic changes should not undermine globally accepted standards. While the world is preoccupied with the stability of the western banking system, China has been busy overhauling its financial regulatory architecture. The dramatic changes are China’s fourth major reform in the past two decades, bringing the financial regulatory system under the tight, centralised control of the... Read More
In the Review, we summarise the economic and policy developments in India; monitor global developments of relevance to India; and showcase the pulse of the economy through an analysis of high-frequency indicators and the heat map. Click here for previous issues.
There is a need for community-based approaches for resolving the water crisis and liberating women from the task of fetching it India accounts for 18 per cent of the world's population, but holds only 4 per cent of its water resources, making it one of the most water-deficient regions in the world As the annual... Read More
Though the government has been running a Sub-Mission on Agricultural Mechanisation since 2014, a comprehensive database of farmers’ usage of farm machinery isn’t available. Ownership of power farm equipment in India is low. The recently released NCAER White Paper on ‘Making India a Global Power House in the Farm Machinery Industry’ suggests that there are... Read More