Posts

Milked! A Study of Contributions by Selected State Dairy Federations across India.

-
Image
  Never cry over spilled milk, For you can always make cheese out of it and smile😁 The idea of having cooperatives in the dairy sector of agriculture was popularised with the onset of the White Revolution. The underlying project which many of us don’t know about is that previously it was “Operation Flood” by Dr. Varghese Kurian initiated earlier in 1970, that ultimately culminated in the revolution. It is the world’s largest dairy development program making India the leading producer of milk in the world. Dairy development on the cooperative line is deemed the most successful technique for assisting the rural poor without disrupting village social structures and offering a stable market for milk at regulated rates, affordable cattle feed, and competent veterinary and extension services. It is also seen as one of the pioneers in women empowerment with providing not only employment but even entrepreneurial opportunities to women, especially from the rural areas.  During the time of the
16 comments
Read more
-
Image
THE ICELANDIC BANKING CRISIS OF 2008-2011 A SHORT TRAILER TO THE ICELANDIC CRISIS The Icelandic Banking Crisis was one of the most surprising and dramatic events of the 2008 international financial and economic crisis. The collapse of the three largest banks of the country (Kaupthing, Landsbanki, and Glitnir) went onto severely undermine the nation’s economy. Not only it led to inflation followed by severe depression in the economy, but it also caused much political unrest in the economy as well. In accordance with the size of the economy, this crisis was the third-worst financial crisis in a country after the US and the Lehman Brothers. This issue rose to prominence the first time when the then Prime Minister, Minister Geir Haarde officially announced the country’s bankruptcy in October 2008. The collapse of the three banks was followed by their difficulties in refinancing the short-term debts given out and were forced to run only on the deposits in the UK and in the Netherlands.    
34 comments
Read more