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For consumers, milk could pinch further in the days ahead

-The Indian Express Maharashtra’s dairies are experiencing the lagged effect of two years of drought now Pune: Dairies in Maharashtra have been witness to an unusual phenomenon of late. The winter months are when milk production and procurement rises, peaking in January. But this time round, shortages have developed precisely in the ‘flush’ period from September to March, when more milk naturally flows from the udders of animals. “We could procure only...

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Farmers being encouraged to construct farm ponds -HS Narasimha Kumar

-The Hindu The govt. will provide the complete unit cost of the ponds under MGNREGS Karnataka: In a bid to recharge the ground water table and enable farmers to provide water to domestic animals in summer, the Agriculture Department is promoting the construction of farm ponds. Farmers will be provided with the complete unit cost of farm ponds under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS). Somasundra, Joint Director of Agriculture,...

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Banarasi sari industry in trouble as traditional credit vanishes after note ban -Omar Rashid

-The Hindu The ‘batta’ system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up Varanasi: For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow. Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from...

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Pronab Sen, Country director of the International Growth Centre, interviewed by Ajaz Ashraf

-Scroll.in India’s first chief statistician, Pronab Sen, is now country director of the International Growth Centre, which seeks to build effective growth facilities through engagement between policymakers and researchers. In this interview to Scroll.in, he speaks on the 50 days of demonetisation, its failings, its severe impact on the poor, the loss of credibility of the Reserve Bank of India, the push to make India a cashless or less-cash economy, and...

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Utsa Patnaik, professor emeritus at Jawaharlal Nehru University, interviewed by TK Rajalakshmi

-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...

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