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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...

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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...

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Why the Farmers in India are Up in Revolt -Subin Dennis

-Newsclick.in Forget 50 percent profit over the cost of production, the farmers were forced to sell their produce at well below the minimum support price and the cost of production, pushing them deeper into debt. Farming turning increasingly unviable across vast swathes of India, and the Narendra Modi-LED government not delivering on the BJP’s election promise to “make agriculture rewarding” lie behind the massive protests that have rocked several BJP-ruLED states in...

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Rs 34,000cr loan waiver

-PTI/ The Telegraph Mumbai: The BJP-LED Maharashtra government today unveiLED a Rs 34,020-crore farm loan waiver scheme, under which debt of up to Rs 1.5 lakh each will be written off, making 40 lakh farmers debt-free and providing relief to 49 lakh others. Chief minister Devendra Fadnavis said this was the "biggest" loan waiver scheme in the country. He said all BJP ministers and legislators would contribute a month's salary towards the...

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Developers in quandary as states not ready with Rera rules -Prabhakar Sinha

-The Times of India NEW DELHI: Real estate developers across the country are in a quandary as the Centre has stopped them from marketing ongoing projects yet to be registered with their respective state's real estate regulatory authority (Rera), and most state governments are neither ready with rules under the new Act, nor have they created the authorities. In a written clarification to the National Real Estate Development Council (NAREDCO), the Union...

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