-The Economic Times NEW DELHI: Farmers protesting in Madhya Pradesh and Maharashtra demand better prices for their produce and loan waivers. But low prices and loans are not the real problems. These are mere symptoms of structural problems which cannot be solved by temporary measures such as a loan waiver. "While such turmoil appears to have immediate causes, their sources are rooted in problems that lie deeper," says Prakash Bakshi, a former...
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Rain clouds thinning out in west and central India
-The Times of India Low-flying clouds that usually bring rain in the monsoon have thinned out and reduced over the years in India, according to a study of 50 years of observations by the Indian Met department. This means that there will be more number of hotter days, less rainy days and more days with large difference between day and night temperatures. That's the average for the whole country over all...
More »Why are farmers protesting despite bumper harvests? -Roshan Kishore
-Livemint.com Behind the rising tide of farmers’ protests lie several structural weaknesses facing the farm economy In a year when farm growth has crossed the 4% mark and official statistics show a record increase in production, one would have expected farmers to celebrate. Instead, farmers in states such as Madhya Pradesh and Maharashtra are out on the streets protesting, and in some cases, facing bullets from the local police. What explains this...
More »Note ban has and may continue to result in a slowdown, warns SBI
-PTI Also says that note ban's impact could adversely affect its business The country's largest lender, the State Bank of India (SBI), has expressed apprehensions that demonetisation may continue to result in slowing down of the economy and adversely affect its business. The government had discontinued Rs 500 and Rs 1,000 banknotes from November 9, 2016, and issued new Rs 500 and Rs 2,000 currency notes in exchange for the discontinued ones. The long-term...
More »Farmers prepare for Kharif crops as monsoon sets in -Madhvi Sally
-The Economic Times NEW DELHI: Farmers have started preparing land for growing kharif crops following onset of monsoon rains in some parts of the country. This time round, farmers are expected to bring 107 million hectares under cultivation for paddy, soyabean, pulses, cotton, bajra, jowar, groundnut and maize, raising hopes of a bigger grain harvest this year. Companies and analysts said the acreage under cotton could surpass soyabean and pulses as prices are...
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