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Factors underlying the Centre-RBI conflict -Narendar Pani

-The Hindu Business Line Realising that DeMo pulverised MSMEs, an anxious Centre wants to hurriedly make amends. But loan disbursals may not help The spat between the government and the RBI is primarily in the realm of macroeconomic issues like the size of the reserves the central bank should hold and the methods of monitoring loans that could go bad. Yet, the political intensity of the government’s moves cannot be missed. Apart from...

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Farmers badly hit by demonetisation, admits Agriculture Ministry -Sobhana K Nair

-The Hindu Report concedes that farmers couldn’t buy seeds due to cash crunch. Millions of farmers in India were unable to buy seeds and fertilisers for their winter crops because of demonetisation, according to a report submitted by the Union Agriculture Ministry to the Parliamentary Standing Committee on Finance. This official acknowledgement of the impact of demonetisation comes on a day when Prime Minister Narendra Modi, speaking at a rally in Jhabua, Madhya...

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PMO's refusal to disclose Raghuram Rajan's letter on bad loans is not legal, says CIC

-Scroll.in The PMO has a ‘moral, constitutional and political duty’ to reveal to citizens who are the defaulters and what action has been taken against them, it said. The Central Information Commission has directed the Reserve Bank of India and the Prime Minister’s Office to disclose the list of wilful defaulters as well as a letter on bad loans written by the former RBI Governor Raghuram Rajan to the Centre, PTI reported...

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India claims to be self-sufficient in food production but facts say otherwise -Jitendra

-Down to Earth If the government decides to feed all its hungry people, India's tag of a net exporting country will be easliy lost India is riding high on the agricultural success story it has written over the past few years. Record-breaking food-grain production was registered in seven years in the past decade. From 217 million tonnes in 2006-07, the country’s production jumped to 275.11 million tonnes in 2016-17. Three years...

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Pro-Modi posts account for major chunk of fake news: BBC report

-The New Indian Express The conference also included a play by Theatre Nisha, highlighting the simple yet compulsive ways misinformation is spread on social media and advertising. CHENNAI: A BRItish Broadcasting Corporation report on fake news in the country suggests that pro-Modi political activity and fake news overlap, suggesting that the ruling party is actively and effectively peddling fake news about Prime Minister Narendra Modi across social media platforms such as Twitter,...

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