Integrating Sustainability in Planning

Integrating Sustainability into Indian Planning 

People’s movements, civil society organizations, academic thinktanks, and progressive political leaders will have to lead the way, both by resisting today’s destructive processes and by building on existing alternatives

 

India’s attempts at integrating environmental sustainability into economic  planning have so far been piecemeal and hesitant. They have done little to stem the rapid slide into ecological devastation and consequent livelihood, cultural, and economic disruption. At the root of this lies the stubborn adherence to a model of economic growth that is fundamentally unsustainable and inequitable, even more so in its ‘globalised’ form in the last two decades.  

The 12th Plan process could have been an opportunity to change course, specially given its explicit commitment to sustainability, inclusiveness and equity. Indeed there are some glimpses of a different approach, e.g. making economic activities more responsible in their use of resources and in the wastes they produce, promoting urban water harvesting and public transport, providing organic inputs to agriculture use, encouraging recycling, making tourism more environmentally responsible and community-based, moving towards low-carbon strategies, and protecting the ‘commons’ (lands and waters that are used by the public), giving communities more secure rights to use and manage these. Yet the Plan falls far short of significant reorientation, mostly staying within the confines of assuming that more growth will help achieve these goals. It does not use any available framework of ‘sustainable development’, including the targets that India agreed to at the 2002 World Summit on Sustainable Development (Johannesberg). It does not contain indicators to gauge whether India is moving towards sustainability, e.g. improvement in per capita availability of natural forests, reduction in the levels of various kinds of pollution, improved access to nutritious food and clean water, or enhanced availability of public transport. Environmental considerations do not yet permeate each economic sector.  

READ MORE >>

Financing Agriculture : Some Issues (India)

Financing Agriculture : Some Issues (India)
 

Small and marginal farmers should be helped to liberate themselves from the stranglehold of moneylender and should be given priority for accessing low cost credit.

Post 1990 India has emerged as one of the world’s fastest growing economies. Its GDP growth rate of about 9% in the last few years is historically unparalleled except by our neighbour China. With rapid economic and social growth, however, new challenges emerge as also new growth strategies. For sustainable economic development, the crucial agricultural sector has to grow at a consistent 4% growth rate to GDP. Given the fact that 60% of our farming is monsoon dependent, ensuring consistent growth in food production is a major challenge, especially in wake of global warming and consequent climatic changes.

Credit has a very important role to play in supporting agricultural production and investment activities. The total credit flow to agriculture during the 10th Five Year Plan was expected to grow at a compound annual growth rate (CAGR) of 26.38%, as against the CAGR of 18.63% achieved during the 9th Five Year Plan. However, although the total agricultural credit has increased during the last six years, there are serious quantitative as well as qualitative concerns. The poor outreach of the formal institutional credit structure is a serious issue that needs to be corrected expeditiously. The findings of the National Sample Survey Organisation (NSSO) 59th Round (2003), reveal that only 27% of the total number of cultivator households received credit from formal sources while 22% received credit from informal sources. The remaining households, comprising mainly small and marginal farmers, had no credit outstanding. Comprehensive measures aimed at financial inclusion in terms of innovative products and services to increase access to financial services and institutional credit, are required. Other issues such as ensuring credit flow to tenant farmers, oral lessees and women cultivators, complex documentation processes, high transaction costs, lack of availability of quality inputs across all regions, inadequate and ineffective risk mitigation arrangements, poor extension services, weak marketing links and sectoral and regional issues in credit are also required to be addressed expeditiously. The lack of rural credit bureaus also delays the process of sanction of agricultural loans as there is need to reduce loan risk and documentation procedures.

READ MORE >>