-The Economic Times "Demonetisation in a booming economy is like shooting at the tyres of a racing car," says development economist Jean Drèze . A leading advocate of welfare policies, Drèze who was a member of the National Advisory Council during the UPA regime, tells ET that the sudden move to demonetize high-value currency notes has created a scary situation for people who live on the margin of subsistence, and that...

There are reports from all over the country that the recent decision by the government to demonetise currency notes of Rs. 500/- and Rs. 1000/- denomination has affected everyone. However the consequence of this financial measure is lopsided and it will be mainly borne by the farmers, informal sector workers, women and the financially excluded.   Please check the links/ urls below this news alert to know everything about demonetisation. Till a few...

-The Indian Express Paddy growers in the poll-bound state suffer huge losses from unanticipated insect pest attack. Jalandhar: For Punjab’s farmers, fortune always seems to smile on the other side. Last year, it was the whitefly sucking pest that ravaged their cotton crop. This time round, it’s the brown plant hopper (BPH) that has caused significant yield and price realisation losses for paddy grown in large swathes of the state. And there...

-The Indian Express Unlike most other pests, this one typically strikes very late, when the paddy crop is already 80-90 days old and in the final grain-filling stage. Hot and dry weather raises the chances of whitefly attacks, as Punjab’s farmers discovered for cotton last year. This year, it is humid and warm conditions, particularly in September, that has put paid to their hopes of a bumper paddy harvest. The villain: an...

-PTI Actress Shabana Azmi today criticised Maharashtra chief minister Devendra Fadnavis for brokering yesterday's deal between Raj Thackeray and Karan Johar while the Congress demanded his dismissal for aiding "extortion" of the film industry. But emboldened by its success, the Maharashtra Navnirman Sena asked traders to "sacrifice" their business with Pakistan for the sake of the "nation", dismissing statements from cotton exporters who said the party's stand would affect the industry. Johar and...