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...
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Demonetisation, farmer suicides, and the Union budget -Roshan Kishore
-Livemint.com Crash in farm prices could accentuate bankruptcy, which was the biggest reason for farmer suicides in 2014 and 2015 After two successive years of drought, 2016 was turning out to be a relatively better year for farmers till 8 November. The decision to scrap high-value currency notes, announced on that day, seems to have hit the farm sector the hardest. While credible and timely data on farm incomes and output is hard...
More »Utsa Patnaik, professor emeritus at Jawaharlal Nehru University, interviewed by TK Rajalakshmi
-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...
More »Policy disaster -Reetika Khera
-Frontline.in The PDS, the ICDS and the MDM schemes constitute lifelines for a vast majority of the population. Maternity entitlements need to be seen both as a right for women and as instruments in the battle against undernutrition. A government that ignores or undermines them does so at its own peril. THE GLOBAL HUNGER INDEX 2016 puts India at 97 out of 118 countries. The release of these numbers is great...
More »Massive Slump in MNREGA Work After Centre's Unofficial Instructions -Nitin Sethi
-TheWire.in The Centre’s off-record instructions through WhatsApp and a squeeze on funds made the rural work programme crash after a roaring first half of the year. This is second of a two-part series. Read part one here. The WhatsApp messages from the central rural development ministry to states had a chilling effect on the work given under the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) after the roaring demand growth in the...
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