Friday, October 16, 2015

Poverty Elimination and Institutions

The article offers lots of food for thought to the poor  and to those who head institutions which are specifically opened with lots of Pomp and Show to eliminate poverty in the Country Some such institutions are Cooperative Banks Regional Rural Banks, NGOs, Local area Banks , with an Apex Institution called National Agriculture and Rural Development Institution set up in 1982 to give a lead. It is high time the Government in power evaluate these Institutions and how far they have done justice to the objectives with which they are all set up.Except perhaps NGOs, other Institutions cannot justify their existence in helping the rural development and elimination of poverty through agricultural advancement.The farmers are committing Suicide and these Institutions merrily survive enjoying the budgetary support and all other Concessions that come to them from different sources in the name of of agriculture and rural development.The role of NABARD definitely calls for a very quick revisit in the matter.The resources wasted on these institutions if given as subsidies and incentives to the rural people and farmers , they would have themselves flourished and the present situation of poverty and poor agricultural production could have been avoided. The role Local Boards of RBI played , also needs to be urgently reviewed as they can definitely contribute to the development of rural and agriculture development with their involvement in guiding, assisting, supporting, and providing the expert advice to the State Governments and the Institutions and coordinating  their activities and bringing to the notice of the Central Government the updates on various issues related to the rural and agricultural development. The Production and supply Constraints faced by the entire Community can be easily addressed if the Local Boards of RBI is activated and given  importance in effectively involving themselves in the development of the all the four regions with a competitive spirit. Any office set up should prove itself worthy of continuing with its performance in terms of qualitative improvement in achieving the objectives with which they are ser up.


Dr T V Gopalakrishnan

(This comment is in response to the write up on Breaking the Bonds of Rural poverty that appeared on the world Food day in the Hindu dated 16/10/2015). 

1 comment:

FINCOP said...

India despite the growth trajectory still is home to 230mn poor and this is no small figure. The Governments would do well to stop announcements and get into actions. Poverty can be reduced to the barest minimum and not eliminated, if th ehistory of all the developed nations is an indication. Now we see new nuances of seeking alms. They hod the QR code in their mobile for transfering the offering from the munificent.