Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

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        LATEST NEWS UPDATES | Rs 150,000 crore plus: the govt stimulus for rural areas post lockdown -Harish Damodaran    </title>
    <meta name="description" content="-The Indian Express

That&rsquo;s the actual liquidity pumped into rural areas by government post lockdown &ndash; through grain procurement, PM-Kisan and MGNREGA wages.

There are many parallels one can draw between the novel coronavirus-induced lockdown (gharbandi) and demonetisation (notebandi), in terms of..."/>
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     <meta property="og:description" content="-The Indian Express

That&rsquo;s the actual liquidity pumped into rural areas by government post lockdown &ndash; through grain procurement, PM-Kisan and MGNREGA wages.

There are many parallels one can draw between the novel coronavirus-induced lockdown (gharbandi) and demonetisation (notebandi), in terms of..." />
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                            <p style="text-align:justify">-The Indian Express</p><p style="text-align:justify"><em>That&rsquo;s the actual liquidity pumped into rural areas by government post lockdown &ndash; through grain procurement, PM-Kisan and MGNREGA wages.</em></p><p style="text-align:justify">There are many parallels one can draw between the novel coronavirus-induced lockdown (gharbandi) and demonetisation (notebandi), in terms of their impact on India&rsquo;s farm economy. Both resulted in the same thing &ndash; demand destruction &ndash; albeit through different routes.</p><p style="text-align:justify">Notebandi caused a haemorrhaging of liquidity from the predominantly cash-based farm produce markets. In the pre-demonetisation era, it wasn&rsquo;t uncommon for individual traders to purchase produce worth Rs 50 lakh or even Rs 1 crore daily during the peak arrival season and make payments to farmers entirely in cash. With demonetisation, and also restrictions on cash transactions introduced in the 2017-18 Union Budget, wholesale mandis were suddenly denuded of liquidity and, thereby, demand.</p><p style="text-align:justify">In gharbandi, demand destruction was wrought not by a lack of cash, but of buyers themselves. And these were institutional buyers, as opposed to households. The closure of hotels, restaurants, tea stalls, street food joints, sweetmeat shops, hostels and canteens &mdash; in addition to no wedding receptions and other public functions &mdash; led to a collapse of out-of-home food consumption. Even household-level food consumption was affected by falling incomes (in respect of poor and lower middle class families suddenly finding themselves without work) and reduced requirement due to forced inactivity (as with the rich and better off).</p><p style="text-align:justify">Please <a href="https://indianexpress.com/article/explained/rs-150000-crore-plus-the-govt-stimulus-for-rural-areas-post-lockdown-6474873/" title="https://indianexpress.com/article/explained/rs-150000-crore-plus-the-govt-stimulus-for-rural-areas-post-lockdown-6474873/">click here</a> to read more.</p>                                                           
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        LATEST NEWS UPDATES | Rs 150,000 crore plus: the govt stimulus for rural areas post lockdown -Harish Damodaran    </title>
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That&rsquo;s the actual liquidity pumped into rural areas by government post lockdown &ndash; through grain procurement, PM-Kisan and MGNREGA wages.

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That&rsquo;s the actual liquidity pumped into rural areas by government post lockdown &ndash; through grain procurement, PM-Kisan and MGNREGA wages.

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                            <p style="text-align:justify">-The Indian Express</p><p style="text-align:justify"><em>That&rsquo;s the actual liquidity pumped into rural areas by government post lockdown &ndash; through grain procurement, PM-Kisan and MGNREGA wages.</em></p><p style="text-align:justify">There are many parallels one can draw between the novel coronavirus-induced lockdown (gharbandi) and demonetisation (notebandi), in terms of their impact on India&rsquo;s farm economy. Both resulted in the same thing &ndash; demand destruction &ndash; albeit through different routes.</p><p style="text-align:justify">Notebandi caused a haemorrhaging of liquidity from the predominantly cash-based farm produce markets. In the pre-demonetisation era, it wasn&rsquo;t uncommon for individual traders to purchase produce worth Rs 50 lakh or even Rs 1 crore daily during the peak arrival season and make payments to farmers entirely in cash. With demonetisation, and also restrictions on cash transactions introduced in the 2017-18 Union Budget, wholesale mandis were suddenly denuded of liquidity and, thereby, demand.</p><p style="text-align:justify">In gharbandi, demand destruction was wrought not by a lack of cash, but of buyers themselves. And these were institutional buyers, as opposed to households. The closure of hotels, restaurants, tea stalls, street food joints, sweetmeat shops, hostels and canteens &mdash; in addition to no wedding receptions and other public functions &mdash; led to a collapse of out-of-home food consumption. Even household-level food consumption was affected by falling incomes (in respect of poor and lower middle class families suddenly finding themselves without work) and reduced requirement due to forced inactivity (as with the rich and better off).</p><p style="text-align:justify">Please <a href="https://indianexpress.com/article/explained/rs-150000-crore-plus-the-govt-stimulus-for-rural-areas-post-lockdown-6474873/" title="https://indianexpress.com/article/explained/rs-150000-crore-plus-the-govt-stimulus-for-rural-areas-post-lockdown-6474873/">click here</a> to read more.</p>                                                           
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        LATEST NEWS UPDATES | Rs 150,000 crore plus: the govt stimulus for rural areas post lockdown -Harish Damodaran    </title>
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That&rsquo;s the actual liquidity pumped into rural areas by government post lockdown &ndash; through grain procurement, PM-Kisan and MGNREGA wages.

There are many parallels one can draw between the novel coronavirus-induced lockdown (gharbandi) and demonetisation (notebandi), in terms of..."/>
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That&rsquo;s the actual liquidity pumped into rural areas by government post lockdown &ndash; through grain procurement, PM-Kisan and MGNREGA wages.

There are many parallels one can draw between the novel coronavirus-induced lockdown (gharbandi) and demonetisation (notebandi), in terms of..." />
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                            <p style="text-align:justify">-The Indian Express</p><p style="text-align:justify"><em>That&rsquo;s the actual liquidity pumped into rural areas by government post lockdown &ndash; through grain procurement, PM-Kisan and MGNREGA wages.</em></p><p style="text-align:justify">There are many parallels one can draw between the novel coronavirus-induced lockdown (gharbandi) and demonetisation (notebandi), in terms of their impact on India&rsquo;s farm economy. Both resulted in the same thing &ndash; demand destruction &ndash; albeit through different routes.</p><p style="text-align:justify">Notebandi caused a haemorrhaging of liquidity from the predominantly cash-based farm produce markets. In the pre-demonetisation era, it wasn&rsquo;t uncommon for individual traders to purchase produce worth Rs 50 lakh or even Rs 1 crore daily during the peak arrival season and make payments to farmers entirely in cash. With demonetisation, and also restrictions on cash transactions introduced in the 2017-18 Union Budget, wholesale mandis were suddenly denuded of liquidity and, thereby, demand.</p><p style="text-align:justify">In gharbandi, demand destruction was wrought not by a lack of cash, but of buyers themselves. And these were institutional buyers, as opposed to households. The closure of hotels, restaurants, tea stalls, street food joints, sweetmeat shops, hostels and canteens &mdash; in addition to no wedding receptions and other public functions &mdash; led to a collapse of out-of-home food consumption. Even household-level food consumption was affected by falling incomes (in respect of poor and lower middle class families suddenly finding themselves without work) and reduced requirement due to forced inactivity (as with the rich and better off).</p><p style="text-align:justify">Please <a href="https://indianexpress.com/article/explained/rs-150000-crore-plus-the-govt-stimulus-for-rural-areas-post-lockdown-6474873/" title="https://indianexpress.com/article/explained/rs-150000-crore-plus-the-govt-stimulus-for-rural-areas-post-lockdown-6474873/">click here</a> to read more.</p>                                                           
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    <br><a href="https://indianexpress.com/article/explained/rs-150000-crore-plus-the-govt-stimulus-for-rural-areas-post-lockdown-6474873/" class="re" target="_blank">The Indian Express, 25 June, 2020, https://indianexpress.com/article/explained/rs-150000-crore-plus-the-govt-stimulus-for-rural-areas-post-lockdown-6474873/</a><div class="clear"></div>
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Home हिन्दी

Rs 150,000 crore plus: the govt stimulus for rural areas post lockdown -Harish Damodaran

Published on Jun 25, 2020   Modified on Jun 25, 2020

-The Indian Express That’s the actual liquidity pumped into rural areas by government post lockdown – through grain procurement, PM-Kisan and MGNREGA wages. There are many parallels one can draw between the novel coronavirus-induced lockdown (gharbandi) and demonetisation (notebandi), in terms of their impact on India’s farm economy. Both resulted in the same thing – demand destruction – albeit through different routes. Notebandi caused a haemorrhaging of liquidity from the predominantly cash-based farm produce markets. In the pre-demonetisation era, it wasn’t uncommon for individual traders to purchase produce worth Rs 50 lakh or even Rs 1 crore daily during the peak arrival season and make payments to farmers entirely in cash. With demonetisation, and also restrictions on cash transactions introduced in the 2017-18 Union Budget, wholesale mandis were suddenly denuded of liquidity and, thereby, demand. In gharbandi, demand destruction was wrought not by a lack of cash, but of buyers themselves. And these were institutional buyers, as opposed to households. The closure of hotels, restaurants, tea stalls, street food joints, sweetmeat shops, hostels and canteens — in addition to no wedding receptions and other public functions — led to a collapse of out-of-home food consumption. Even household-level food consumption was affected by falling incomes (in respect of poor and lower middle class families suddenly finding themselves without work) and reduced requirement due to forced inactivity (as with the rich and better off). Please click here to read more.

The Indian Express, 25 June, 2020, https://indianexpress.com/article/explained/rs-150000-crore-plus-the-govt-stimulus-for-rural-areas-post-lockdown-6474873/

Tagged with: Lockdown Economic Stimulus Fiscal Stimulus Purchasing Power Effective Demand Rural Demand Rural Economy Economic Slowdown Economic Deceleration Agricultural Gross Value Added GVA by Agriculture MGNREGA PM-KISAN Pradhan Mantri Kisan Samman Nidhi Yojana

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