-Frontline.in To rural India, which is already reeling under multiple crises, demonetisation has come as yet another blow. WHEN the Prime Minister made the decision to withdraw Rs.500 and Rs.1,000 notes, he did not quite factor in the impact it would have on agriculture. Despite the rhetoric the concept of digital wallets has not yet entered rural India unlike in much of the country’s urban areas, and much of rural and...
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Demonetisation move leaves farming community shaken -KV Kurmanath
-The Hindu Business Line Scarcity of ?100 notes hits kharif harvesting; decline in demand worsens situation Hyderabad: Ram Singh (name changed), a 45-year-old farmer near Ranjim, a tehsil in Chhattisgarh, stood impatiently in the long queue, waiting for his turn to swap a bunch of old notes for new. “I don’t want the new notes. I’m desperately looking for ?100 notes that I need to pay to the labourers that I have...
More »Not consulted on scrapping drug pricing agency: Chairman -Vidya Krishnan
-The Hindu New Delhi: Days after it was revealed that the Centre is likely to dismantle the National Pharmaceutical Pricing Agency (NPPA), its chairman said the decision was ‘rushed’ and the agency was not consulted. “There were two meetings and the NPPA was not a party to them. Both meetings were held at short notice. This has been a rushed decision. For any policy change, there needs to be consultation. I understand...
More »Government warned of national stir if GM mustard approved -Mayank Aggarwal
-Livemint.com Nearly 150 organizations protested in Delhi, warning against govt’s approval of commercialization of the genetically modified mustard New Delhi: Nearly 150 organizations from across India protested on Tuesday at Jantar Mantar in Delhi, warning the central government of a stir against it if it approves commercialization of genetically modified (GM) mustard. GM mustard has been developed by Delhi University’s Centre for Genetic Manipulation of Crop Plants. On 5 September, the genetic engineering...
More »Indian farm sector worried after $66 b Bayer-Monsanto deal -KV Kurmanath
-The Hindu Business Line Hyderabad: Bayer’s takeover of Monsanto for $66 billion could trigger tremors in Indian agriculture. Stakeholders worry that the global consolidation will narrow choices for farmers. The merger will propel the merged entity into a leading player in the seed sector. Through their subsidiaries and joint ventures in India, the two firms will garner a major share in paddy, maize, vegetables and cotton and agrochemicals. “It will lead to concentration...
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