-The Indian Express First-ever comprehensive study pegs produce trade losses in mandis from demonetisation at 7-15%. Demonetisation led to the value of farm produce traded in mandis across India collapse by nearly 15 per cent within a week of the decision, with these losses averaging 7 per cent even at the end of 90 days, according to a just-published Indira Gandhi Institute of Development Research (IGIDR) working paper. The study, which crunches data...

-Livemint.com Tractor sales have gone up in a year which has seen farmer protests in several states for remunerative crop prices and farm loan waivers, amid lingering effects of demonetisation and GST implementation New Delhi: Domestic tractor sales rose to a record in the first half of the fiscal year, but economists are hesitating to interpret it as a sign that the farm economy has finally turned the corner. Tractor manufacturers sold 363,071...

-The Economic Times Consumer inflation touched a seven-month high in October denting hopes of rate cut when the Reserve Bank of India reviews the monetary policy next month. Retail inflation, as measured by the consumer price index (CPI) rose to 3.58% in October from 3.28% in September, data released by the government showed. “While we expect the RBI’s March 2018 projection to be revised down a notch, but October’s CPI and the likelihood...

-The Indian Express Delhi has become world’s air pollution outcaste. Its decision-makers haven’t understood the consequences. The first thing that the Central and Delhi governments should own up to regarding the air pollution crisis is that everyone was forewarned and cannot pretend to be taken unawares. This “winter of our discontent” is the season when, as temperatures dip, pollutants hover around the surface of the city and do not waft upwards. Things...

-The Hindu On the need for action-oriented research in development policy A whole new way of looking at poverty and development policy is taking shape in the world of economics. Traditionally understood as meagreness of material resources, there is a growing realisation that poverty also depletes mental resources. Understanding of how poverty impacts behaviour, what the absence of resources does to a person’s mindset can vitaminise the poverty-fighting policy toolkit. Insights, well-designed qualitative...