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Cash Crunch: Measuring the impact of notebandi on domestic agricultural markets -Harish Damodaran

-The Indian Express First-ever comprehensive study pegs produce trade losses in mandis from demonetisation at 7-15%. Demonetisation led to the value of farm produce traded in mandis across India collapse by nearly 15 per cent within a week of the decision, with these losses averaging 7 per cent even at the end of 90 days, according to a just-published Indira Gandhi Institute of Development Research (IGIDR) working paper. The study, which crunches data...

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Are rising tractor sales a sign of reviving demand in rural India? -Sayantan Bera

-Livemint.com Tractor sales have gone up in a year which has seen farmer protests in several states for remunerative crop prices and farm loan waivers, amid lingering effects of demonetisation and GST implementation New Delhi: Domestic tractor sales rose to a record in the first half of the fiscal year, but economists are hesitating to interpret it as a sign that the farm economy has finally turned the corner. Tractor manufacturers sold 363,071...

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Loan waiver is not the solution -Anjani Kumar and Seema Bathla

-The Hindu We need to revisit the credit policy with a focus on the outreach of banks and financial inclusion Since Independence, one of the primary objectives of India’s agricultural policy has been to improve farmers’ access to institutional credit and reduce their dependence on informal credit. As informal sources of credit are mostly usurious, the government has improved the flow of adequate credit through the nationalisation of commercial banks, and the...

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Number of Indians with diabetes likely to double in next decade -Sanchita Sharma

-Hindustan Times Asians have a 2–4-times higher risk of type 2 diabetes than white Europeans. With a prediabetes prevalence of 10.3% among adults, people with diabetes in India are likely to more than double in the next decade from the current 70 million, a study by the country’s apex research organisation has estimated. The prevalence of prediabetes — also known as “impaired glucose tolerance” and a precursor to diabetes — is 1.4 times...

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Paradise Papers: Seven Steps Modi Must Take Against Black Money -Prashant Bhushan and Yogendra Yadav

-TheWire.in Given his government’s record of inaction, however, the latest disclosures are also likely to sink without a trace. The ‘Paradise Papers’ expose carried out by the Indian Express in collaboration with a German newspaper and the International Consortium of Journalists (ICIJ) once again reveals the extent of the black money menace and the lack of political will to take it on. By now it is clear that the Narendra Modi government...

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