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Demonetisation move leaves farming community shaken -KV Kurmanath

-The Hindu Business Line Scarcity of ?100 notes hits kharif harvesting; decline in demand worsens situation Hyderabad: Ram Singh (name changed), a 45-year-old farmer near Ranjim, a tehsil in Chhattisgarh, stood impatiently in the long queue, waiting for his turn to swap a bunch of old notes for new. “I don’t want the new notes. I’m desperately looking for ?100 notes that I need to pay to the labourers that I have...

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Demonetisation hits transport business; Truckers fail to pay -Megha Manchanda

-Business Standard The All India Motor Transport Congress has said the supply of essential goods will get impacted with immediate effect New Delhi: Government’s suspension of Rs 500 and Rs 1000 denomination notes has hit the truckers hard as they are unable to transport essential food items, including milk and vegetables, due to scarcity of smaller denomination currency and unacceptance of old tender notes by state authorities, toll plazas and labourers. More than...

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Diesel vehicle ban: UP govt plans to move SC against green tribunal order -Sarah Hafeez

-The Indian Express The UP government will challenge the NGT order on the grounds that the Motor Vehicles (MV) Act does not have a provision for deregistration of vehicles. New Delhi: The Uttar Pradesh government is planning to move the Supreme Court against the National Green Tribunal (NGT) order directing transport departments in the National Capital Region (NCR) to deregister and impound diesel vehicles older than 10 years. The UP government will challenge...

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Is agriculture a business? -Harish Damodaran

-The Indian Express Yes, except that farmers suffer rules other businessmen never encounter Agriculture is said to be India’s largest private-sector enterprise, engaging nearly 119 million farmers (“cultivators”) and another 144 million landless labourers, as per the 2011 Census. It is even considered the most respectable business, going by the oft-quoted slogan “uttam kheti, madhyam vyapar, kanishtha naukri (supreme is farming, mediocre is trade and most lowly is service)”. But the exalted...

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Vegetable prices rise up to 58% -Dilip Kumar Jha

-Business Standard Supply issues due to unseasonal rainfall behind price rise Mumbai: Green vegetables have become costlier in the past week owing to supply disruptions following intermittent unseasonal rainfalls and thunderstorms across major growing regions. In the benchmark Azadpur mandi in Delhi, the prices of cauliflower has risen the most by 58 per cent to trade currently at Rs 673 a quintal against Rs 427 a quintal a week ago. Interestingly, arrivals of cauliflower...

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