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Rural incomes: Why farm prices are now more prone to falling than to rising -Harish Damodaran

-The Indian Express The transition from a regime of ‘downward stickiness’ to ‘upward stickiness’ has relevance beyond economic jargon. Here’s how Agricultural commodity prices in India have traditionally exhibited what economists call “downward stickiness” — resistance to any declines, while rising at the slightest demand-supply imbalance. That conventional wisdom may have been turned on its head by demonetisation. The tendency now is for prices to be increasingly “sticky upward”. The accompanying table (right)...

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The farm world still a land of cash -Vishwanath Kulkarni

-The Hindu Business Line Scars on agriculture supply chain remain a pain point for commodity prices Bengaluru: A year after demonetisation, the cash-intensive agriculture sector is yet to fully recover from the impact. Cash continues to be the preferred instrument for rural and farm transactions, while alternatives such as cheques and bank transfers are seen making their presence felt in some quarters. The cautious agri-trade is still seen struggling with inventory management, as the...

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Demonetisation ground report: Farmers in Maharashtra say black money is back in circulation -Jayashree Bhosale

-The Economic Times Balasaheb Ghadge, who works as a clerk in the village panchayat in the tribal belt of Andar Maval in Maharashtra and also runs a small kirana store, was a staunch supporter of demonetisation when it was announced. A year on, he is worried that poor farmers continue to suffer from the government’s move. “At the national level, the decision must have yielded results, but for us, life has...

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80% of people against demonetisation: Survey -Ashlin Mathew

-National Herald Contrary to what PM Narendra Modi and his colleagues claim that the nation supported demonetisation, a new study has found that only 20% were in favour of the move or confused. The rest against it That demonetisation has been a disaster has been acknowledged by all, except by those walk through the corridors of power. But, now there is an additional set of statistics to back the sensible thought. According...

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Can't terrorise farmers with laws to stop stubble-burning. Understand their problem first -Ajay Vir Jakhar

-ThePrint.in The central government’s policy of not allowing Punjab to diversify is causing damage to the health of people in faraway Delhi. Crop stubble burning is a nuisance for both humans and the ecosystem as a whole. And the farmer needs a systematic support system to tide over the problem. The support can come in many ways: central government policy intervention being the most important. Through its current policy, the central government is...

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