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Pulses prices fall below MSP; lifting of Export ban sought -Jayashree Bhosale

-The Economic Times PUNE: Pulses traders have demanded lifting of the decade-old ban on Export of the commodity as prices of all varieties, except chana, have fallen below the minimum support price (MSP). They have cautioned that if prices continue to remain subdued, farmers might shift to other crops. “The government should allow Export of pulses to support prices,“ said Bimal Kothari, vice-president of Indian Pulses and Grains Association. India had banned Export...

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The silent suffering of Bharat -Milind Murugkar

-Livemint.com The impact of demonetisation on the organized sector creates a visible effect. The suffering of Bharat is diffused, invisible, but hugely more painful ‘Why doesn’t the informal sector, supposedly badly hit by demonetisation, protest or scream in pain?’. Defenders of demonetisation often pose this question. The question assumes that the suffering poor people face because of government policies always finds political expression. If you want an answer to the question, please...

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Much to farmers' dismay, Centre slashes prices of non-timber forest products -Anupam Chakravartty

-Down to Earth Modi government’s attempt at rationalising prices of forest products is likely to hit Adivasi farmers the most At the time when there has been demand for increasing the minimum support prices for various agricultural products, the NDA government has gone ahead and slashed the prices of forest produce on which livelihoods of several forest-dwelling tribes depend. Stating the need to rationalise the minimum support price (MSP) as they...

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40% contractual staff jobless in Noida

-The Times of India NOIDA: More than 40% of contractual workers have been laid off from Noida's garment industry in the past 40 days after demonetisation was announced. Gautam Budh Nagar district labour department and workers' associations confirmed that while many garment Export and manufacturing units have started pulling down shutters, many people who work on a contractual basis have been rendered jobless. Noida has 1,800 garment manufacturing and Export units. Of...

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Utsa Patnaik, professor emeritus at Jawaharlal Nehru University, interviewed by TK Rajalakshmi

-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...

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