-The Indian Express Falling rates in March stumps industry in month synonymous with high prices. Pune: Since February, Deepak Pawale, who runs a poultry farm at Retavadi village in Khed taluka of Pune district, has been selling 45-day-old birds weighing 2-2.5 kg each at well below his estimated production cost of Rs 70 per kg. “The traders aren’t ready to pay higher rates, as they tell me that their sales have slowed down,”...
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ATMs run out of notes: Here's the reason behind the massive cash crunch -Somesh Jha
-Business Standard Although the rate of cash circulation has surpassed the pre-demonetisation level, it is not in tandem with the rate of economic growth Automated Teller Machines (ATMs) across various states are running dry with the present situation reminiscent of demonetisation of high-value currency notes one-and-a-half years back. States, including Gujarat, Uttar Pradesh, Madhya Pradesh, Bihar, Andhra Pradesh, Manipur and Telangana, have reported shortage of cash at ATMs. A stock-taking analysis submitted by...
More »Higher arrivals pull onion prices down to new low -Vishwanath Kulkarni
-The Hindu Business Line Bengaluru: With onion prices at their lowest level in calendar year 2018, exporters said the Centre should bring back incentives to ship out more bulbs, to help stabilise prices and provide better returns to farmers. As the harvest of the rabi onion crop gains pace across the key producing regions of Maharashtra and Karnataka, prices have declined drastically, leaving growers in tears. At Lasalgaon, the largest onion market...
More »15 theories about why India is facing a cash crunch a year and a half after demonetisation -Rohan Venkataramakrishnan & M Rajshekhar
-Scroll.in From ATM logistics to deliberate lack of supply to Nirav Modi, there are many explanations for the shortage. One of the most unusual things about the cash crunch that is affecting a number of Indian states, which the government officially acknowledged on Tuesday, is that the causes of the shortage are unclear. In various statements, government officials have pointed the blame at an “unusual spurt” in currency demand, although they...
More »Local, global experts likely to be roped in for National Health Scheme -Yogima Sharma
-The Economic Times New Delhi: The government is planning to rope in domain experts from within and outside the country to ensure a smooth rollout and monitoring of ‘Ayushman Bharat’, its ambitious health insurance scheme for the poor. Niti Aayog, the government’s premier think tank, will come out with guidelines for setting up the project monitoring unit (PMU) for Ayushman Bharat, also known as National Health Protection Scheme (NHPS), an official told...
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