-TheCitizen.in NEW DELHI: Narendra Modi went on national television at 8 p.m. on November 8 to announce that from midnight of that very date, i.e. in a mere four hours’ time, 500 and 1000 rupee notes would cease to be legal-tender. The justification advanced for this bizarre move was that it would strike at “black money”. An additional argument was thrown in, to the effect that fake currency notes used by “terrorists”...
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In one stroke, demonetisation has shaken the trust our monetary system is based on -Devangshu Datta
-Scroll.in Even the long-term benefits of the move seem to be outweighed by the heavy costs and disruption it would cause, particularly for the lower income groups. The demonetisation of Rs 500 and Rs 1,000 currency notes came as a surprise to almost everyone. The details of re-monetisation are still to become entirely clear. What follows is a set of personal opinions of likely outcomes arising from this move to demonetise. Each...
More »Farm Policy: The window for agricultural reform is closing fast -Pravesh Sharma
-The Indian Express It’s not as if the Centre cannot initiate reforms in agriculture. In fact, in at least three major areas, the onus for leadership and action lies with the Centre. For over a year, there have been news reports of Niti Aayog, the erstwhile Planning Commission’s new avatar, working on a wide-ranging reform package for India’s farm sector. In recent months, teasers have appeared hinting at the Centre’s plans of...
More »Farm distress: Gujarat's groundnut growers take a hit as prices plunge below MSP -Gopal Kateshiya
-The Indian Express After cotton last year, the BJP state government faces a fresh challenge ahead of late-2017 elections. Rajkot: GROUNDNUT FARMERS last week forced a suspension of auctions at the agriculture produce market committee (APMC) mandi in Amreli to protest against tumbling prices of Gujarat’s second biggest Cash crop after cotton. The new groundnut-in-shell crop is fetching around Rs 3,500 per quintal, well below the minimum support price (MSP) of Rs...
More »Drought In Kerala: Reservoirs Half Empty, Deficit Rainfall -Sneha Mary Koshy
-NDTV In Wayanad, many farmers have started using sprinklers to irrigate his crops. Paddy cultivator KP John said he has been forced to adopt it due to scarcity of water for irrigation. State Revenue Minister E Chandrasekharan declared Kerala a drought hit state on Monday in the Assembly. Most of the water reservoirs across the state have recorded a water deficit of 50 per cent. The South West monsoon has been deficit...
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