-The Hindu Business Line Rabi sowing down; sales of tractors and two-wheelers dip Mumbai: The demonetisation of high-value currency notes seems to have crushed the tender green shoots of Economic Recovery in rural India by choking off life-sustaining money supply and impeding the wheels of commerce from spinning. From FMCG firms to two-wheelers to tractor makers, companies had been looking forward to an increase in rural demand in the wake of an adequate...

-Hindustan Times New Delhi: The demonetisation of Rs 500 and Rs 1,000 banknotes is unlikely to help the government suck out black money from the economy as hoarders keep a tiny portion of their ill-gotten wealth in hard cash, going by income-tax data. Cash recovery has been less than 6% of the undisclosed income seized from tax evaders, shows an HT analysis of data from tax raids from financial year 2012-13 onwards. In...

-Livemint.com A World Bank report cautions that the urban poor will bear the brunt of losses if cities don’t become more resilient to natural disasters, shocks, and stresses New Delhi: By 2030, without significant investment into making cities more resilient, climate change may push up to 77 million more urban residents into poverty, said a new report released by the World Bank on Wednesday. The report ‘Investing in Urban Resilience’ by the World...

-Frontline A noteworthy study that provides much-needed insights into the nature and severity of the farm crisis in Punjab. There have been many studies on agrarian distress and farmer suicides in different parts of India in the last decade, including in Punjab. Most of the studies focus on a profile of the victims, mostly landowning farmers, and reasons thereof, with a sample of such farmers. In this context, this book makes a...

-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...