-The Times of India INDORE: At least five persons were killed and over a dozen injured when shots were fired during a protest by farmers in Mandsaur district of Madhya Pradesh on Tuesday. Curfew has been clamped in Mandsaur and Pipliamandi and internet connectivity has been severed. The death toll, it is feared, may rise. The farmers were demanding that the government grant them a loan waiver and set a minimum...
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How demonetisation crippled bank lending -Paras Chakravarty
-Livemint.com Bank loans to rural India were the most affected, but other parts of the country also saw a deceleration in credit growth, RBI data shows It is, of course, well known that the growth of bank credit slowed in the SECond half of 2016-17 due to demonetisation. Reserve Bank of India (RBI) data shows that as on 30 September 2016, the annual rate of growth of bank credit was 12.1%. That...
More »MS Swaminathan, father of Green Revolution, interviewed by Prabodh Krishna (BusinessWorld)
-BusinessWorld.in The recent past saw upsurge of farmers in Maharashtra and Tamil Nadu over demands of implementing Swaminathan Commission's recommendation and the protests are fast spreading their arms in other states as well Keeping in mind that more than half of the Indian population depends on agriculture but the share of agriculture in GDP is nowhere near expectation, in 2002 the then National Democratic Alliance Government led by Atal Bihari Vajpayee called...
More »Where are the jobs? -Himanshu
-Livemint.com The BJP government, which came to power on the promise of creating 20 million jobs per year, has not yet recognized the gravity of the situation The Central Statistical Office (CSO) has released the full-year growth estimates for 2016-17. These had been much awaited given the uncertainty over the impact of demonetization. These were on expected lines, with fourth quarter growth in gross value added (GVA) in 2016-17 declining to 5.6%...
More »Reach out to 100 most backward districts: PM Narendra Modi to SECys
-The Times of India NEW DELHI: PM Narendra Modi has asked all SECretaries to put collective effort to improve the condition of 100 most backward districts in the country. In his interaction with the top bureaucrats on Monday, the PM said this should be adopted on a mission mode and the various departments work as a team and not in silos to ensure the goal is achieved during "definite short time-frames". Sources...
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