-TheCitizen.in NEW DELHI: So many lies are being spread by the government which is currently busy wrecking the Indian economy in the manner of a bull in a china shop; so many spurious economic arguments are being trotted out by it, that one has to be extremely vigilant not to be swept away by this tide of unreason. In the current article, and the two subsequent ones to follow, I propose to...
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The rice that changed the world -K Deepalakshmi
-The Hindu IR8, the high-yielding rice variety helped India fight famine, turns 50 this month In 1967, when a 29-year-old N. Subba Rao sowed a semidwarf variety of rice in over 2,000 hectares in Atchanta, West Godavari district in Andhra Pradesh, he wouldn't have thought he would be part of a revolution in rice cultivation. What Dr. Rao sowed in his farm was IR-8, a rice variety developed by the International Rice Research...
More »Oil mills in Modi backyard idle minus cash -Basant Rawat
-The Telegraph Ahmedabad: Samir Shah never had such spare time in his life as an oil mill owner. This is, after all, the peak season when mills buy oil seeds that are available after the harvesting of kharif crops. But the Saurashtra businessman has been sitting idle the past fortnight. There's no cash to do business. The demonetisation drive has left entrepreneurs like him with a shrunken wallet. And farmers don't usually accept...
More »Less than a third of ATMs operational in Kerala -Vinson Kurian
-The Hindu Business Line THIRUVANANTHAPURAM: As much as 70 per cent of the ATMs in Kerala remain shut, or partially so, at the end of the second week after the Prime Minister announced demonetisation of high-value notes. The state has close to 9,000 ATMs in all, but shortage of adequate notes in the new series as also those of lower denomination has forced at least a third to down shutters, more so...
More »Rs. 35,000 cr. to ease rural cash crunch -Manojit Saha & Vikas Vasudeva
-The Hindu Centre relaxes curbs, allows farmers to buy seeds with old Rs. 500 notes. Union Finance Minister Arun Jaitley directed commercial bank chiefs on Monday to focus their attention on rural India’s cash crunch over the next 40 days, with a war chest of Rs. 35,000 crore for providing credit to farmers by December. The Centre also relaxed its demonetisation policy for high-value currency notes further by allowing farmers to buy seeds...
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