-The Hindu To prevent further damage to the economy and to relieve distress, demonetisation should be revoked immediately Without adequate preparation or thought, the monetary authorities and the government have taken a drastic step declaring as worthless over 86 per cent by value of the currency notes in circulation with the public. A prior large increase of lower denomination notes should have been ensured through banks and ATMs, so that overall money...

There are reports from all over the country that the recent decision by the government to demonetise currency notes of Rs. 500/- and Rs. 1000/- denomination has affected everyone. However the consequence of this financial measure is lopsided and it will be mainly borne by the farmers, informal sector workers, women and the financially excluded.   Please check the links/ urls below this news alert to know everything about demonetisation. Till a few...

-Livemint.com Pigeon Pea variant Pusa Arhar 16 could prove a game changer for inflation-wary policymakers as it has a maturity time of 120 days down from 160-270 days of current varieties New Delhi: Anew high-yielding pulse developed by government scientists at a leading research institute could prove a game changer for inflation-wary policymakers and consumers alike. Pusa Arhar 16, a dwarf pigeon pea created by scientists at the Indian Agricultural Research Institute (IARI),...

-Business Standard 85%of the country gets normal rains, but Karnataka declares drought The southwest monsoon season (June to September) across the country in 2016 was 97 per cent of the long period average (LPA). Although it fell short of predictions by the weather office, this was the first normal monsoon in the country since 2013. If the rainfall is between 96 and 104 per cent of the LPA, it is considered normal. LPA...

-The Hindu Business Line About 3.15 crore farmers have been insured this kharif season against 3.08 crore last year, claims Agriculture Ministry New Delhi: The Centre appears to have scored some points on the success of the recently-launched Pradhan Mantri Fasal Bima Yojana — the flagship insurance scheme for farmers. Going by the latest estimates of coverage and the sum insured it has seen a marginal increase vis-a-vis last year. “We are still compiling...