-Livemint.com Crash in farm prices could accentuate bankruptcy, which was the biggest reason for farmer suicides in 2014 and 2015 After two successive years of drought, 2016 was turning out to be a relatively better year for farmers till 8 November. The decision to scrap high-value currency notes, announced on that day, seems to have hit the farm sector the hardest. While credible and timely data on farm incomes and output is hard...
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India may be No.1 milk producer in world, but dairy farmers still outside formal credit system -Sandip Das
-The Financial Express New Delhi: Despite India being the world’s largest milk producer for the past many years, a majority of small dairy farmers in the country continue to remain outside the formal credit system of commercial banks and financial institutions, a joint study the National Institute of Agricultural Economics and Policy Research (NIAP) and the International Food Policy Research Institute (IFPRI) has stated. The study ‘Formal versus Informal: Efficiency, inclusiveness, and...
More »PMO Has No Information on Officials Consulted Before Demonetisation
-PTI New Delhi: There is no information available about officials whose views were taken before the decision to demonetise high-value currency notes was announced by Prime Minister Narendra Modi on November 8, the Prime Minister’s Office (PMO) has said. The PMO also refused to answer a query on whether the chief economic advisor (CEA) and the finance minister were consulted before the sudden announcement was made, saying the query does not come...
More »I-T raids uncovered Rs 4,663 crore of undisclosed income since demonetisation
-The Times of India NEW DELHI: Over Rs 4,663 crore of undisclosed income has been detected by the Income Tax department as part of its country-wide operations against black money hoarders post the demonetisation of two high value currencies by the government. "The department has also seized Rs 562 crore, including Rs 110 crore worth new notes, during the raids," news agency ANI said while quoting the I-T sources. According to...
More »Now RBI Cites 'Threat to Life' Exemption to Deny RTI Query on Demonetisation Decision
-PTI More stonewalling from the ‘Reserved’ Bank of India New Delhi: Were the views of the chief economic advisor and the finance minister taken before the sudden announcement of demonetisation of high-value currency notes by Prime Minister Narendra Modi on November 8? The Reserve Bank of India feels this query cannot be answered under the Right to Information Act as it does not come under the definition of information under the transparency...
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