-Business Standard Pulses output was estimated at record 22.4 mt in the 2016-17 crop year ending on June Early onset of the monsoon and its progress has led to an increase in the area sown till Friday of this kharif season, year-on-year. Alongside, the depressed price of pulses have led more farmers to replace it with cotton in some parts. Farmers have brought almost 10% more area under cultivation over the corresponding period...
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Along Cauvery, burned down by drought and debt -Vidya Venkat
-The Hindu Six months after Tamil Nadu was declared drought-hit, farmers across the Delta districts are no longer blaming Karnataka On June 12, the customary date on which the MetTur dam in Salem district is opened to provide water to the lower reaches of the Cauvery, the riverbed stretched as far as the eyes can see, barren as a desert. P. Ayyakannu, the farmer-leader who recently led a series of protests against...
More »Small businesses grapple with GST compliance -Surabhi
-The Hindu Business Line Automating the systems seems to be the biggest challenge New Delhi: With less than a week to go for the new indirect tax regime to kick in, small businesses are trying to understand the modalities of the goods and services tax (GST) as the compliance burden for them is set to significantly rise. Making a relaxation for small businesses, rules allow those with an annual Turnover between Rs. 20...
More »Is WPI useful in India anymore? -Barendra Kumar Bhoi
-The Hindu Business Line Using just wholesale price index as deflator could distort real GDP. Price indices for all inputs and outputs would work better Prior to the introduction of the all-India Consumer Price Index, popularly known as CPI combined (rural plus urban), the Wholesale Price Index (WPI) was the most useful price index in India. It measured the weekly rhythm of price movement in the country. Since 2009, WPI has been computed...
More »Middle Earth Moguls -Pragya Singh
-Outlook Good monsoon or bad, glut or drought, boom or bust...it’s always fair weather for the range of middlemen who come between the farmer and consumer. An anatomy of the trade. One of the axioms of logic is called the Law of the Excluded Middle. Something has to be either true or false—there’s no middle ground. As we all know, economics works a bit differently. Facts can be fickle, data pliable, and...
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