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Social impact of demonetisation may have been greater: World Bank

-The Hindu Greater data availability, especially on labour markets, needed to better gauge social impact of such policies The World Bank has said the social impact of demonetisation may have been greater as the informal economy was likely to have been hit especially hard. However, the Bank said the impact of demonetisation on the informal economy was difficult to measure and greater data availability, especially on labour markets, is needed to...

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Rajasthan bats for super-grain quinoa -TV Jayan

-The Hindu Business Line Crop gets Rs. 50,000 to Rs. 1 lakh per quintal Jaipur: As part of its crop diversification efforts, Rajasthan will encourage over 50,000 farmers to take up cultivation of super foodgrain quinoa this year, said State Agriculture and Animal Husbandry Minister Prabhu Lal Saini. Rajasthan State Seeds Corporation, which engaged some farmers to grow quinoa seeds on an experimental basis, has managed to raise over 20,000 quintals of seed...

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Government planning 'one nation, one market' in agriculture sector -Sayantan Bera

-Livemint.com The government’s model law for agricultural reforms aims to allow farmers a wider choice of markets beyond the local mandi New Delhi: The National Democratic Alliance (NDA) government is working on creating a common agricultural market that will improve the lot of farmers and the efficiencies of India’s notoriously inefficient farm-produce markets. The government put out a model law proposing a fundamental reset in the way agricultural markets operate on 24 April....

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Anaj Bank Frees Dalits From Fear of Hunger in Bihar -Mohd Imran Khan

-TheWire.in Community managed rice banks have replaced defunct government managed rice banks in several areas of Patna district in Bihar. A few years ago, Parbhawati Devi, Bichiya Devi and Meena Devi were landless farm laborers, fully at the mercy of landed farmers for their survival. But things have changed since then. Today, hundreds of women in dozens of villages in Patna district of Bihar, mostly from the marginalised Mahadalit community, have turned...

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Farmers are using futures contracts to counter price risks -Sayantan Bera

-Livemint.com According to NCDEX, over 25,000 small and marginal farmers from 13 FPOs have successfully hedged their crops on its trading platform in the past 10 months New Delhi: In a bumper crop year when farmers across the country have been battered by lower crop prices, farmers’ groups are using futures contracts to hedge against price dips during the harvest season. For instance, Samriddhi Mahila Crop Production Co. Ltd, a farmer-producer organization (FPO)...

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