-National Herald Two years after the disastrous demonetisation, the Prime Minister and his Finance Minister—even the fawning media— no longer speak of the ‘Demonetisation Dividend’. There has been none Two years back, on November 8, at around 8.30 pm, the Prime Minister of India, with his characteristic love for drama, unleashed on the country what he had then claimed was the one silver bullet which would eliminate the triple evils of...
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Govt wants Rs 3.6 lakh crore from RBI, a third of its reserves, central bank says no -Sunny Verma
-The Indian Express Last Wednesday, the finance ministry said that the autonomy for the RBI “is an essential” and both the government and the RBI have to be “guided by public interest and the requirements of the Indian Economy”. New Delhi: AT the heart of the RBI-government standoff is a proposal by the Finance Ministry seeking to transfer a surplus of Rs 3.6 lakh crore, more than a third of the...
More »IMF must not interfere in government vs RBI row: RSS economic wing -Anand Patel
-India Today The IMF had on Friday expressed concerns over the reports of growing interference of the Narendra Modi government in the Reserve Bank of India. Swadeshi Jagran Manch (SJM) -- the economic wing of Rashtriya Swayamsevak Sangh (RSS) -- on Saturday (November 3) asked the International Monetary Fund (IMF) to not interfere in the internal affairs of India. The IMF had on Friday expressed concerns over the reports of growing interference...
More »PM-AASHA scheme falls flat; procurement backed by smart exports is need of the hour -Sanjay Kaul
-The Hindu Business Line A month into kharif arrivals, there has been no positive turn of events for farmers. Cereals, pulses and oilseeds are selling well below the Minimum Support Price (MSP) in mandis. The government seems to have failed them with the shoddily designed PM-AASHA scheme and its inadequate implementation till now. Immediate steps are required to prevent a recurrence of farmers’ anger spilling onto the streets. The umbrella policy Pradhan...
More »Lower soil moisture slows down pace of rabi crop cultivation
-The Hindu Business Line Wheat sowing only major aberration New Delhi: The threat of lower soil moisture levels and delays in kharif harvests across States seem to be having an adverse impact on rabi sowing. Most crops barring one or two saw lower acreage under planting till the end of the week, according to data released by the Agriculture Ministry on Friday. During the current rabi season, farmers have planted only around 85...
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