Arid State

Maharashtra has finally put an official number on a crisis that farmers have been experiencing for weeks. The state government has declared 265 of its 358 talukas drought-affected, activating the first stage of its drought-management framework. The scale of the distress should make this more than another seasonal relief exercise. It is a reminder that water stress is no longer an episodic crisis but a recurring governance challenge. The state received 798.2 mm of rain against a normal 970.9...

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Maharashtra has finally put an official number on a crisis that farmers have been experiencing for weeks. The state government has declared 265 of its 358 talukas drought-affected, activating the first stage of its drought-management framework. The scale of the distress should make this more than another seasonal relief exercise. It is a reminder that water stress is no longer an episodic crisis but a recurring governance challenge. The state received 798.2 mm of rain against a normal 970.9 mm between June 1 and September 26, a deficit of 18 percent. The first drought trigger is activated when rainfall falls more than 25 percent below normal and is accompanied by a prolonged dry spell of 21 days. Though the aggregate state deficit is lower than that threshold, the taluka-level assessment has established the conditions required for intervention. Except for five districts, rainfall has been deficient across the state. The government has ordered a stay on the recovery of agriculture-related loans and restructuring of crop loans, while extending concessions on electricity bills for agricultural pumps. Employment Guarantee Scheme norms are to be relaxed; food grains provided to farmers and arrangements made for drinking water and fodder. Crop-loss surveys will determine the eventual financial assistance. While these measures can cushion the shock, they cannot solve the problem. Maharashtra has lived with drought long enough for drought relief to have become an administrative routine. The more difficult question is why the state repeatedly finds itself having to mobilise the same machinery. Tankers, fodder camps, loan restructuring and employment guarantees are indispensable when the rains fail. But they are essentially the politics and economics of response, not resilience. The state has considerable experience in watershed development, farm ponds, check dams, groundwater recharge and other forms of water conservation. Yet the effectiveness of such interventions depends less on announcing them than on where they are built, whether they are maintained and whether groundwater extraction is regulated. Large-scale water-conservation works announced as part of the present relief package must therefore be judged by measurable outcomes rather than expenditure. There is a larger agricultural question. A state with highly variable rainfall cannot indefinitely expand water-intensive cropping patterns in regions whose hydrology cannot support them. Crop choices, irrigation efficiency and groundwater management have to become part of drought policy rather than being treated as separate subjects. The present declaration should consequently be viewed as both relief and warning. While the relief is urgent, the warning is structural. The state government cannot control the monsoon but it can decide how much water it captures when the rains arrive, how efficiently it uses what it stores and how resilient its farmers are when the skies fail. A drought code can declare an emergency. But only sustained water management can prevent the emergency from becoming routine.

Why Women Are Better Investors Than Men

Kaustubh Kale

Mar 9, 2025

2 min read

Updated: Mar 10, 2025

As the world celebrated International Women's Day, discussions centered around women's achievements in various fields—business, leadership, science, and beyond. But one area where women consistently outperform men, yet receive little recognition, is investing.

Despite money management often being seen as a male-dominated field, women have quietly and consistently proven to be better investors than men. With patience, discipline, and a long-term mindset, women naturally possess qualities that make them superior money managers.

A Perfect Blend of Knowledge and Wealth

In Hindu mythology, Goddess Saraswati symbolizes knowledge, while Goddess Lakshmi represents wealth—two essential pillars of investing. The ability to manage wealth wisely stems from a deep understanding of financial principles, and this is where women excel. They take the time to learn, analyze, and make informed investment decisions rather than rushing into trends or speculation.

Why Women Make Better Investors

Several traits make women stand out as investors:

Patience and Long-Term Vision: Unlike men, who may be more prone to impulsive trading and get-rich-quick schemes, women tend to have a longer term mindset. Their ability to stay calm, especially during market fluctuations, leads to better returns over time.

Disciplined and Goal-Based: Women prioritize consistent savings and goal-based investing. This disciplined approach helps them build wealth steadily. Women naturally excel at budgeting, planning, and structuring investments to align with future goals, whether it’s children’s education, home buying, or retirement security. Their emotional connection with goals is what makes them stick to discipline.

Risk-Aware, Not Risk-Averse: Contrary to the stereotype, women are not afraid of risks—they are just more calculated about them, through appropriate asset allocation. Eventually, this approach ensures maximum returns with minimal risks.

Trust and Willingness to Learn: Women value education and expertise, making them more likely to seek guidance from a well-qualified financial advisor. Unlike men, who often overestimate their investing abilities, women approach financial decisions with a willingness to learn. Once they find a trusted expert, they follow sound advice instead of making emotional, short-term moves.

Women Leading the Financial World

These qualities are why many of the world’s leading financial institutions are now led by women. In India and abroad, we see prominent banks, asset management companies, and investment firms thriving under female leadership. Their ability to combine strategic thinking with emotional intelligence makes them exceptional at managing money—both at a personal and professional level.

Final Thoughts

With their trust in expert advice and a strong focus on financial education, more women should embrace their strengths and take control of their financial futures!