-The Times of India NEW DELHI: Agriculture and jobs will form the focus of Prime Minister Narendra Modi's discussions on Tuesday with top economists and experts from India and abroad at a time the government has been criticised for the country's 'jobless growth'. The theme of the Niti Aayog meeting is 'Economic policy: The road ahead', but the PM has asked the premier government thinktank to concentrate on two areas: agriculture and...
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Gwalior farmers pay kids' school fees in paddy -Deshdeep Saxena
-The Times of India BHOPAL: Starved of cash, 15 farmers of a village in Gwalior deposited 45 quintals of paddy as their children's school fees on Saturday. The school management sold the crop at a mandi and got a cheque of Rs 58,500. Bhitarwar region of Gwalior is known as the rice bowl of Madhya Pradesh, and paddy is the main crop of the kharif season. Villages here have run out of...
More »Cash need not be king
-The Hindu The government has declared an incentive package to encourage non-cash payments for fuel, new insurance policies from public sector firms, train tickets and highway toll, among other things. For credit and debit card transactions up to Rs.2,000, the Reserve Bank of India has relaxed its stringent two-factor authentication requirement, and service tax stands waived. Taken together, these moves to encourage cashless payments are significant not just because they can...
More »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...
More »The mystery of agricultural growth -Himanshu
-Livemint.com Latest data released by ministry of agriculture shows that sowing of rabi crops, expected to be higher than last year, is still lower than normal area sown That demonetisation will cause Indian economic growth to slow is no longer a matter of speculation. While clear estimates of the extent of deceleration will only emerge after some time, preliminary estimates of automobile sales and the purchasing managers’ index (PMI) for manufacturing...
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