No short cuts for sustained growth

Agriculture at ‘crossroads’, need 2nd Green Revolution

With the agriculture growth expected to be 5.4 per cent in the current financial year, the Survey calls for a second Green Revolution. The survey points out that special attention needs to be given to increasing production of nutrition-rich crops. As the agriculture sector in India is at crossroads, concerted efforts are the need of the hour for addressing the challenge of stagnating productivity.

Banking licence: Two-tier regime recommended

India needs to extend the reach of banking and work towards financial inclusion.The Survey suggests options for issuing licences — one for providing basic banking and the other for full banking.

Need persistence with anti-inflationary monetary stance With inflation management being on the top of the government’s agenda, the need of the hour, the survey says, is “persistence with an anti-inflationary monetary stance.”