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Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)

-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...

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Is Thomas Piketty right about inequality in India? -Tadit Kundu

-Livemint.com Thomas Piketty’s estimates of inequality in India appear exaggerated on close scrutiny but the issue he raises is an important one Three years after writing a best-selling book on the growing problem of inequality in the Western world, the French economist Thomas Piketty has turned his attention to inequality in the developing world. In a recent research paper co-authored with Lucas Chancel of the Paris School of Economics, Piketty estimates that...

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Less rain damage crops in 5 districts in Telangana

-Deccan Chronicle Jowar sown on 15,625 acres in Mahbubnagar district, and on 1,695 acres in Nagarkurnool has dried up. Hyderabad: The poor monsoon this year, resulting in a prolonged dry spell, has destroyed crops, especially in five districts of the state. The cotton crop sown on 24,875 acres in Ranga Reddy district has been lost, though elsewhere it has done well. Jowar sown on 15,625 acres in Mahbubnagar district, and on 1,695 acres...

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Pulses farmers' profit falls sharply in 2016-17 due to adverse govt policies, record harvest: CRISIL -Sayantan Bera

-Livemint.com Average profit margin of farmers on all pulse varieties except gram (chickpeas) fell by 30% in 2016-17 year-on-year due to a record harvest and adverse government policies, said the CRISIL report New Delhi: The profitability of poor farmers in India who are dependent on rain-fed irrigation and grow pulses fell sharply during 2016-17 due to a record harvest and adverse government policies, said a report released on Monday. Average profit margin of...

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No feel for the pulse -Ashok Gulati & Smriti Verma

-The Indian Express Prices crashed last year because there was a glut in imports during a year of record production. Government has not corrected the policy snags that led to this anomaly. Pulses are an interesting and unique commodity group in the Indian agri-food space. The country ranks first not only in their production and consumption, but also their import. Domestic absorption in recent years (2012-13 to 2015-16) has hovered between 21...

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