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Social impact of demonetisation may have been greater: World Bank

-The Hindu Greater data availability, especially on labour markets, needed to better gauge social impact of such policies The World Bank has said the social impact of demonetisation may have been greater as the informal economy was likely to have been hit especially hard. However, the Bank said the impact of demonetisation on the informal economy was difficult to measure and greater data availability, especially on labour markets, is needed to...

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Farm policy: Dis-ease of doing the business of agriculture -Pravesh Sharma

-The Indian Express As the Modi government completes three years, here are three potentially game-changing steps it could now take to harness the sector’s unrealised potential Amidst the predictable tidal wave of opinion pieces to mark the Narendra Modi government’s third anniversary, one little event last week squeezed its way into the inside pages of a few newspapers. This was a call for a “farm strike” in Maharashtra from June 1,...

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India's pulse dilemma -Uttam Gupta

-The Pioneer While the Government has done its bit to boost the output of pulses, it has done little to check the nexus between politicians and grain traders For several decades, production of pulses in India has fallen substantially short in terms of consumption. This persistent deficit has led to intermittent bouts of spike in prices as imports (needed to plug it) have often come after lag and have failed to reach...

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The hazards of farm loan waivers -Tanika Chakraborty and Aarti Gupta

-Livemint.com Research provides evidence that a blanket farm loan waiver scheme is detrimental to the development of credit markets The Bharatiya Janata Party (BJP) won the 2017 state elections in Uttar Pradesh with a thumping majority and once again, the state government has a debt-waiver package ready to be implemented. The BJP’s electoral manifesto had committed to write off loans of small and marginal farmers, which would approximately cost the government Rs37,000...

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Maharashtra farmer's strike to time with 3-year anniversary of Modi govt -Abhiram Ghadyalpatil

-Livemint.com Raju Shetty, SSS founder and MP from Hatkanangle, says Maharashtra farmers are feeling ‘let-down and betrayed’ by three years of the Modi rule Mumbai: The ‘Sangharsha Yatra’ launched by all opposition parties in Maharashtra to demand a farm loan waiver may have ended but chief minister Devendra Fadnavis is unlikely to see any let-up in the farmers’ protest across the state. What is worse for the Bharatiya Janata Party (BJP)-led state government...

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