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Delayed impact

-The Hindu Business Line Recent macro data hint at delayed second-order impacts from note ban Did the Indian economy suffer only temporary hiccups from the abrupt withdrawal of high-value currency notes in November 2016? Until recently, the Government and quite a few commentators were convinced that it did. Macro-economic data releases such as the first advance GDP estimates (which retained real gross value added, or GVA, growth at 7 per cent for...

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Yogendra Yadav, convenor of Swaraj Party, interviewed by Archana Mishra (GovernanceNow.com)

-GovernanceNow.com As farmers protests take centre stage across the country, Swaraj Party convenor explains the ecological, economic and existential crisis behind this unrest. * We have recently seen farmers from Tamil Nadu protesting in the national capital. Then Maharashtra farmers protested, deciding not to send their produce to cities. The agitation has now reached Madhya Pradesh, leading to killings. Why there is sudden farmers’ unrest in the country? I think we...

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Waiving farm loans is not only bad for the economy but also detrimental to interests of the farmer -Ram Singh

-The Economic Times blog Farmers, from Punjab in the north to Tamil Nadu in the south, have started agitations demanding farm loans be waived. The Uttar Pradesh and Maharashtra governments have already considered it politically expedient to write them off. Some other states may follow the suit. However, such decisions are as misguided as they are misleading. Nonetheless, it will be a mistake to treat the agitations as a domino effect of...

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For now, rains may skip central India: IMD -Neha Madaan

-The Times of India PUNE: The India Meteorological Department (IMD) has found the behaviour of the Monsoon this year to be "peculiar", saying this may have been responsible for the delayed onset over central India. "This behaviour of the Monsoon is peculiar and may put weather forecasters in a spot while declaring the onset in various parts of the country," an IMD official said. The official, referring to the IMD's latest Operational Extended...

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Farmers shifting out of pulses, oilseeds due to low realisation -Dilip Kumar Jha

-Business Standard Acreage of these crops is likely to fall as prices drop below MSP in mandis Mumbai: Farmers are shifting from oilseeds and pulses to more remunerative crops like cotton and maize this kharif season. The area under oilseeds and pulses is likely to decline with prices ruling below minimum support prices in many mandis. Farmers are agitating because their produce is not being lifted by government agencies and traders are also...

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