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In fact: When the money stops -Harish Damodaran

-The Indian Express The effects of de-monetisation will be the most acute when it spreads from consumption in households to production in factories and by farmers across the country. So far, the effects of Prime Minister Narendra Modi’s ‘de-monetisation’ of existing Rs 500 and Rs 1,000 denomination currency notes have been largely felt by households, shopkeepers and other microenterprises. These economic agents have, to a limited extent, adjusted to the new situation...

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Demonetisation hits transport business; Truckers fail to pay -Megha Manchanda

-Business Standard The All India Motor Transport Congress has said the supply of essential goods will get impacted with immediate effect New Delhi: Government’s suspension of Rs 500 and Rs 1000 denomination notes has hit the truckers hard as they are unable to transport essential food items, including milk and vegetables, due to scarcity of smaller denomination currency and unacceptance of old tender notes by state authorities, toll plazas and labourers. More than...

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Hunger and hard facts -TK Rajalakshmi

-Frontline.in In the latest Global Hunger Index, India is bracketed in the category of countries where hunger levels are “serious”. But the policy responses on hunger and malnutrition in the country have been inadequate and faulty. In the second week of October, a few media reports in India highlighted significant data pertaining to global hunger. The International Food Policy Research Institute (IFPRI) had released its Global Hunger Index (GHI), rating 118...

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Missing stock is harming our food security

-Livemint.com Spoilage and pilferage are not something the country can afford given its low ranking in the hunger index The Reserve Bank of India (RBI) recently approved a proposal to restructure around Rs30,000 crore of food credit given to Punjab state agencies, allowing for the conversion of cash credit into a 20-year loan at a lower interest rate. The central bank also sanctioned a cash credit limit of Rs26,000 crore for this...

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Agriculture economics: The next big farm solution - cutting production costs -Harish Damodaran

-The Indian Express In a scenario of depressed crop prices, a unique PPP model in milk shows the way out. Coimbatore: For roughly a decade from 2004-05 to 2013-14, Indian farmers experienced rising incomes from higher crop prices year after year — something they pretty much took for granted. That party ended with the crash in global commodity prices, hitting agricultural exports hard and translating into lower farm-gate realisations for most crops. But...

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