-The Indian Express Demonetisation, coupled with daily limits on cash transactions and fear of being tracked by revenue authorities post the Goods and Services Tax regime, have made traders less inclined to purchasing and stocking up produce during the harvest season. The defining feature of Indian agriculture in the last five years — much of it under the Narendra Modi government’s tenure — has been low prices for farm produce. The accompanying...
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Farmers package in the works: Income support scheme and interest-free loans -George Mathew & Sunny Verma
-The Indian Express As there are 21.6 crore small and marginal farmers — most of WHOm are not in a position to repay the loan or put collateral — such a scheme is the only way to support their fund requirements, apart from ensuring market prices for their produce. Mumbai: The NDA government is considering a package of proposals for the distressed agriculture sector that includes interest-free loans, loans without collateral...
More »Retail inflation eases to 18-month low in Dec.
-The Hindu WHOlesale inflation at eight-month low Inflation in December eased at both the retail and WHOlesale levels with the consumer price index (CPI) coming in at an 18-month low and the WHOlesale price index (WPI) registering an eight-month low mainly due to falling fuel prices, according to two separate releases by the government on Monday. Growth in the CPI stood at 2.19% in December, down from the 2.33% registered in November. The...
More »Worst price slump in 18 years shows scale of farm crisis -Roshan Kishore
-Hindustan Times The agrarian crisis is one of the factors that may have resulted in the BJP’s loss in three Hindi heartland states of Chhattisgarh, Rajasthan and Madhya Pradesh in December, according to analysts, and the party clearly doesn’t want it to affect its prospects in the 2019 parliamentary elections. New Delhi: This financial year, 2018-19 could end up being the worst year for farm incomes in almost two decades, government data...
More »93% of Delhiites do not understand what Air Quality Index means, shows survey -Jacob Koshy
-The Hindu Study by United Residents’ Joint Action shows people uninformed; RTI query by association reveals most agencies unaware of their duties in fight against pollution New Delhi: As many as 89% of Delhiites are unaware of pollution-monitoring devices in their neighbourhood and 93% do not understand the Air Quality Index (AQI) and cannot gauge from it whether the day’s air was ‘good,’ ‘severe’ or ‘very poor’, revealed a survey by United...
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