-The Hindu The 1997 protocol came into effect in 2005 In a token measure to put pressure on developed countries to deliver on climate change commitments, India will soon ratify an amended version of the Kyoto Protocol. The Union Cabinet chaired by Prime Minister Narendra Modi gave its approval to ratify the deal that is set to expire in 2020 and was shunned by several developed countries, most prominently the United States. U.S....
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Acreage under rabi crops declined in 2016-17 as compared to 2013-14
As opposed to what has been said officially about the positive impact of demonetisation on rabi sowing, acreage actually declined in 2016-17 as compared to a normal year. Let us see why this has been so. On New Year’s Eve, Prime Minister Narendra Modi while addressing the nation post-demonetisation, among other things, said: “...Friends in the last few weeks, an impression was sought to be created that the agriculture sector...
More »Note ban has caused loss of Rs 20,000-50,000 per acre, claims famers' union
-IANS New Delhi: India’s cash-driven agri sector continues to reel under the effects of demonetisation, with farmers growing fruits and vegetables suffering “huge losses”, say farm leaders who want the Union budget to “compensate” them for these losses. Amid reports of farmers dumping or refusing to harvest crops like tomatoes and peas due to a crash in prices as traders did not have the cash to purchase the produce, farmer leader Ajay...
More »Modi govt went ahead with demonetisation despite RBI concerns: report -Rajesh Kumar Singh and Suvashree Choudhury
-Livemint.com RBI’s testimony to parliamentary panel shows the bank had warned the government of possible inconvenience to the public for some time New Delhi/ Mumbai: India pushed ahead with its decision to demonetise high-value banknotes even as the Reserve Bank of India’s (RBI) own board expressed concern whether the cash could be replaced quickly enough, the central bank has said in written testimony to parliament. The revelation comes amid growing criticism about whether...
More »Silently, India's supreme court has set off a chain of events that could torpedo Modi's demonetisation move -Shubhankar Dam
-Quartz India On Dec. 30, 2016, Indian Prime Minister Narendra Modi cajoled president Pranab Mukherjee into promulgating the Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016. Two days later, on Jan. 02, 2017, the supreme court, in a separate matter, delivered a verdict that changed the law of ordinances in powerful ways. It scrubbed out old meanings, unearthed new ones, and further garrisoned judges’ hold on the constitution. A prohibitive change...
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