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Helping India's farmers embrace a cashless economy

-The Times of India NEW DELHI: The government has taken a slew of measures to ensure that cash requirements of farmers are not adversely impacted due to the demonetisation exercise, even as it has urged farmers to join the movement for cashless transactions in the ongoing sowing season. About 50 farmers did their first cashless transaction at the event and bought seeds and fertilisers in the presence of Union ministers. Agriculture Minister Radha...

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Motive behind demonetisation is justifiable but there may be collateral damage

There are reports from all over the country that the recent decision by the government to demonetise currency notes of Rs. 500/- and Rs. 1000/- denomination has affected everyone. However the consequence of this financial measure is lopsided and it will be mainly borne by the farmers, informal sector workers, women and the financially excluded.   Please check the links/ urls below this news alert to know everything about demonetisation. Till a few...

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In Punjab, politics over border evacuation -Vikas Vasudeva

-The Hindu ‘When there are no signs of war why uproot poor farmers when crops are ready for harvest?’ The Congress and the Aam Aadmi Party have severely criticised the Union and Punjab government for evacuating the border villages in the State without proper arrangements. They accuse the government of spreading panic among people. Punjab Congress president Amarinder Singh said on Sunday that the Union government was creating war hysteria and tension along...

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An APMC tale: why market design matters -Niranjan Rajadhyaksha

-Livemint.com The APMC legislation has in effect created fragmented markets—small trading zones that can quite easily be captured by trader cartels Makeshift markets have sprung up in several cities in Maharashtra over the past few weeks, after the state government led by Devendra Fadnavis allowed farmers to sell vegetables and fruit directly to consumers. They are now allowed to bring their produce directly to cities rather than sell them in markets...

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Cauvery water row hits commodity movement -Vishwanath Kulkarni & Gayathri G

-The Hindu Business Line Bengaluru/ Chennai: The disruption of road transport between Karnataka and Tamil Nadu over sharing of the Cauvery river water in the past few days has impacted the movement of commodities such as onions, poultry products, turmeric, tea and tomatoes, among others. This has resulted in the price of perishables, mainly onions, falling as the new crop has started reaching markets in Southern Karnataka. “Onion prices are down by...

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