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Mandsaur agitation: How demonetisation brought MP farmers onto streets -Aman Sethi and Punya Priya Mitra

-Hindustan Times In Mandsaur, demonetisation has disrupted every aspect of the rural economy – land markets, credit networks, procurement, and crop prices. Mandsaur (Madhya Pradesh): Traders rued their burnt shops, farmers mourned the death of their sons to police bullets; but as four days of violence drew to a close, both sides could only speak of one thing: demonetisation. “Notebandi destroyed the trust between farmer and trader,” said Sunil Ghatiya, a soybean trader...

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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...

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Why are farmers of Maharashtra on strike? -Alok Deshpande

-The Hindu What happened? On June 1, farmers in Maharashtra went on strike for the first time ever. Their agitation saw violence, and angry farmers spilling milk and throwing vegetables on the road; at one point the strike expanded into a bandh call, where agitators threatened to stop supply to urban markets. This apparently leaderless agitation grabbed the attention of both the government and the urban population, quite ignorant of conditions in...

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Low food inflation is bad news for farmers -Jitendra

-Down to Earth Prices of some vegetables plummeted by 60 per cent between July 2016 and April 2017, further aggravating agrarian crisis Three years after Narendra Modi-led NDA government came to power, India witnesses unprecedented level of low food inflation. States like Maharashtra and Madhya Pradesh have been witnessing farmers’ unrest for quite some time now. Six farmers were killed in police firing in a protest rally held in Mandsaur district...

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Getting back on the growth track -C Rangarajan

-The Hindu A big push on private investment is needed. But social harmony is also a prerequisite for faster growth The National Income numbers for 2016-17 have been released. What do they convey? What do they hold for the immediate future? Briefly, this is the picture. Recent revisions in the Index of Industrial Production and Wholesale Price Index do not alter the annual growth rates for the recent years. The differences are in...

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