-Hindustan Times First came demonetisation. Then, as banknotes slowly returned to circulation, a crackdown on illegal slaughterhouses in the state wrecked the local market for cattle. In Ilyas Khan’s eyes shine the PRIde of a grand past that give way to the clouds of an uncertain future. Two decades ago, the Thursday cattle market he runs in western Uttar Pradesh’s Banat saw traders troop in from faraway Delhi and Bihar. Today, the...

-The Hindu Business Line Using just wholesale PRIce index as deflator could distort real GDP. PRIce indices for all inputs and outputs would work better PRIor to the introduction of the all-India Consumer PRIce Index, popularly known as CPI combined (rural plus urban), the Wholesale PRIce Index (WPI) was the most useful PRIce index in India. It measured the weekly rhythm of PRIce movement in the country. Since 2009, WPI has been computed...

-Outlook Good monsoon or bad, glut or drought, boom or bust...it’s always fair weather for the range of middlemen who come between the farmer and consumer. An anatomy of the trade. One of the axioms of logic is called the Law of the Excluded Middle. Something has to be eit­her true or false—there’s no middle ground. As we all know, economics works a bit differently. Facts can be fickle, data pliable, and...

-Newsclick.in Forget 50 percent profit over the cost of production, the farmers were forced to sell their produce at well below the minimum support PRIce and the cost of production, pushing them deeper into debt. Farming turning increasingly unviable across vast swathes of India, and the Narendra Modi-led government not delivering on the BJP’s election promise to “make agriculture rewarding” lie behind the massive protests that have rocked several BJP-ruled states in...

-The Times of India NEW DELHI: The Modi government's efforts to cap the PRIce of cardiac stents exposed the nexus between stent companies and hospitals in looting the public by overcharging them. But no action has been taken against either companies or hospitals. None of them paid penalties or faced charges for colluding to cheat the public. Contrast this with the US government which has, over the years, fined the three biggest...