Subir RoyMoneycontrol ContributorThe Odisha government has taken an important step to address rural distress and has come up with the Krushak Assistance for Livelihood and Income Generation (KALIA), which seeks to overcome the shortcomings of earlier attempts in the country in the same area.First came the debt waiver schemes, which addresses the immediate crisis in the lives of debt-ridden farmers, but does nothing to improve farm economics. Also, their scope is limited, as only institutional loans are covered. Loans from moneylenders are not covered.Close Worse, loan waivers harm credit discipline (the need to repay loans) and the viability of the entire agricultural credit system. related news Cube Highways bids Rs 5,011cr to bag third TOT bundle: Report KfW to lend Rs 1735cr to Andhra Pradesh for zero budget natural farming CCEA approves amendments to 'Toll Operate Transfer' model for national highways Then came the recently introduced Rythu Bandhu scheme in Telangana, … [Read more...] about Opinion | Odisha’s KALIA is the best scheme yet to address rural distress
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Frank Lloyd Wright’s living laboratory in the Arizona desert, Taliesin West is one of the most revered architectural projects of the 20th century. Nearly 80 years old and in continuous use since its construction in 1937, the complex is certainly showing its age. To restore the building to its former luster, the Frank Lloyd Wright Foundation hired Harboe Architects to forge a preservation strategy. advertisement advertisement Taliesin West was Wright’s winter home and a school until he died in 1959. Today, it operates as an architecture school. It perfectly illustrates the philosophy that drove Wright to design buildings which commune with and connect to their landscape. The architect channeled the desert’s rugged characteristics in low-slung structures built from boulders, adobe, and redwood beams. Built on a 160-acre site, the campus includes studios, living quarters for apprentices, classrooms, Wright’s office, communal spaces, a bookstore, and … [Read more...] about Restoration Of A Frank Lloyd Wright Masterpiece Is An Exercise In Detective Work
After a fantastic year for Indian equity markets, domestic mutual fund industry experts are hoping for another blockbuster year in 2018.The year 2017 was one of the best years for mutual funds in recent years as the industry matured and attained some level of sustainability. In fact, this was the best ever year for Indian retail investors because unlike most of the previous bull runs, which were led by FIIs, this one was led by domestic retail inflows.The Indian markets were on a roll in 2017 with indices delivering around 27-28 percent return between January and December. Indices clocked fresh milestones frequently after Nifty first hit an all-time high of 10,000 in July. The Nifty has largely traded above the 10k-mark since then, running parallel to the Sensex, which hit 34,000 for the first time on December 26.Close Domestic investors have really been the big drivers for this market, especially through the mutual fund (MF) route. In nine out of the 11 months till November, equity … [Read more...] about MFs had a terrific run in 2017, but can they create wealth for investors in 2018?
“Over here we have some mint, romaine lettuce, there’s basil in the back there, chives are coming, flat-leaf parsley…” advertisement advertisement Jimmy Ng, program director of The Growing Experience, an urban farm in Long Beach, California, is showing me the results of an “aquaponics” system that is helping his crops survive the brutal drought that has persisted here for four years. Not only has there been a lack of precipitation in California, but the weather has been wildly unpredictable. On the day I meet Ng in early October, it’s blisteringly hot–the thermometer’s pushing well past 90–making a stack of newly picked pumpkins look strangely out of place. The heat also makes it difficult to stand for too long inside the greenhouse where Ng is explaining how a 600-gallon tub filled with tilapia and goldfish, and 175 white, metal towers have miraculously produced the plethora of green produce. Ng points to a white, … [Read more...] about This Californian Urban Farm Is A Glimpse Into The Future Of Agriculture