-The Indian Express Agriculture GDP bucks the trend of decline in other sectors. But can the government help the farmers sustain this growth? The first advanced estimates of GDP growth for the financial year 2016-2017 (FY17) show a marginal decline from 7.6 per cent last year to 7.1 per cent this year. Of the various sectors, gross value added at basic prices (2011-12), mining and quarrying is down from 7.4 per cent...
More »SEARCH RESULT
Total Matching Records found : 782
Public Accounts Committee can't summon PM Narendra Modi to answer note ban queries
-The Times of India NEW DELHI: Public Accounts Committee chair K V Thomas had to backtrack on his remarks suggesting PM Narendra Modi could be summoned to answer queries on Demonetisation with the panel concluding that this is against rules. The meeting of the PAC on Friday saw BJP members vehemently object to Thomas's comments, arguing that he had quoted precedents incorrectly and rules governing financial committee do not permit calling ministers...
More »Banarasi sari industry in trouble as traditional credit vanishes after note ban -Omar Rashid
-The Hindu The ‘batta’ system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up Varanasi: For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, Demonetisation has come as a crippling blow. Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from...
More »Demonetisation, farmer suicides, and the Union budget -Roshan Kishore
-Livemint.com Crash in farm prices could accentuate bankruptcy, which was the biggest reason for farmer suicides in 2014 and 2015 After two successive years of drought, 2016 was turning out to be a relatively better year for farmers till 8 November. The decision to scrap high-value currency notes, announced on that day, seems to have hit the farm sector the hardest. While credible and timely data on farm incomes and output is hard...
More »Drought aggravates farm distress in South -Vishwanath Kulkarni
-The Hindu Business Line Bengaluru: Farmers in Karnataka, like their counterparts in other states who have been impacted by the drop in prices and cash shortage triggered by Demonetisation, have another problem to contend with — crop loss on account of the failure of rains. It has been a kind of a triple whammy for farmers in the region. Besides being forced to reap a lower kharif output on account of a...
More »
