ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Nagesh PrabhuSubscribe to Nagesh Prabhu

Fishing in Federal Waters

Since the mid-1990s, the World Bank moved the reform agenda steadily from the centre to the states. Deterioration in fiscal discipline forced the states to launch fiscal and administrative reforms under the World Bank's structural adjustment lending. A few states introduced a number of policy initiatives under the conditional lending of the Bank. The relationship between states and the Bank provides a new lens to observe the influence and domination of the multilateral institution on policy formulation and administration in the changed political-economic context.

Farmers' Distress

It has been five decades since independence, yet several policy initiatives framed by central and state governments do not really reach their intended beneficiaries - the farmers. Recent findings of the National Sample Survey Organisation's 59th round are revelatory of the plight of our farmers; over 48 per cent of them are indebted and nearly two-thirds of the farmers are frustrated with their profession. It is only to be hoped that the results will help in the framing of a long-range farm policy.
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