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When farmers turn to PLAy the market -Parthasarathi Biswas

-The Indian Express Between September and December, when retail onion prices soared from around Rs 30 to Rs 100-plus per kg (they have since fallen to Rs 50 or so), Paswan has similarly urged state governments through Twitter to “act” against alleged hoarders of the bulb. On January 7, Union Consumer Affairs minister Ram Vilas Paswan took to Twitter, to issue a stern warning to “hoarders”, whom he blamed for “creating artificial...

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With 4,322 rape cases reported in 2018, 12 rapes take PLAce daily in UP

-Caravandaily.com/ ANI LUCKNOW – With the high crime rates, 12 rape cases were reported everyday in Uttar Pradesh recording 4,322 incidents in 2018. According to the annual report of the National Crime Records Bureau (NCRB), a case of rape is registered with the Uttar Pradesh police every two hours while crime against a child is reported every 90 minutes in the state. The state also recorded 59,445 crimes against women with 162 being...

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A rough patch

-The Indian Express High inflation reduces room for rate cuts. With limited fiscal space, FM must spell out PLAns to revive growth. Latest inflation data seems to corroborate fears articulated by the Monetary Policy Committee (MPC) in its December meeting when it refrained from cutting the benchmark repo rate. Retail inflation, as measured by the consumer price index (CPI), has surged to 7.35 per cent in December 2019, up from 5.54 per...

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How India remains poor: Has poverty become 'hereditary' -Richard Mahapatra

-Down to Earth Millions of Indian households transfer poverty to the next generation, making poverty eradication nearly impossible Something that has haunted me through my 22 years of reporting the rural India is how some people in certain regions always remain poor. I have visited them multiple times for various assignments, but have always found them talking about poverty. Like me, they too always wonder: “Why do we remain poor?” I have mostly reported...

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Won't back fiscal tightening currently: Abhijit Banerjee -Ajeet Mahale

-The Hindu Nobel laureate Abhijit Banerjee says the deficit numbers are a bit imaginary, not a big deal if breached Mumbai: Nobel laureate Abhijit Banerjee has said that he would not back fiscal tightening in the current economic environment. Prof. Banerjee added that the real constraint to the state of education in the country in the current climate of economic slowdown was not lack of money, but the lack of attention paid to...

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