I am fairly convinced that black money is here to stay. One, the government's stick is disproportionate to the carrot that it offers on taxation . Two, as long as the development continues, the systems would have red tape. Under no circumstances, the centre, state and govt employees are going to sync under similar policies. Three, somewhere our ethics do not warrant us to do neat job. Most of us talk about corporate governance and yet many would want to make gains on quick tip offs or some off the shelf transactions. So as long as the going is fragile, the minds are corrupt, black money or other curses would stay.Demonetization isn't the end, but possibly the beginning if executed well and the people have to take this initiative apart from government. Yikes !!!
Talking on agriculture, About 75% of the Indian population lives in rural areas and about 80% of this population is dependent on agriculture for its livelihood.Agriculture accounts for about 37% of the national income. The development of the rural areas and of agriculture and its allied activities thus becomes vital for the rapid development of the economy as a whole. Agricultural Productivity Even though India occupies the first or second position in the world in several crops in terms of area and production, it's rank in terms of productivity per hectare in the world is 52 for rice, 38 for wheat and much low in several other crops. The productivity of some crops is not only low but also remained stagnant over the years. The yield gap needs to be bridged through an integrated package of technology and agricultural policies to reap the untapped production potential, particularly, in rain-fed and other low productivity areas.
What the INDIA INC says abt it?
A...
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