-Livemint.com RBI annual report estimates value of Rs 500 and Rs 1000 notes returned was Rs 15.28 trillion against Rs 15.44 trillion in circulation before demonetisation Mumbai: According to Reserve Bank of India’s (RBI) annual report released Wednesday, 98.96% of Rs 500 and Rs 1000 notes (by value) that were invalidated due to the demonetisation exercise had been returned by the end of June. The numbers put to rest one of the big...
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NITI report not views of think tank or Centre -Arup Roychoudhury & Subhayan Chakraborty
-Business Standard The Aayog had released the survey on Monday, with its logo and India's national emblem on the cover New Delhi: A survey on ease of doing business released by the NITI Aayog on Monday does not represent the views of the Centre or the think tank, the Union government said on Tuesday. The Aayog had released the survey, with its logo and India’s national emblem on the cover, which stated that...
More »That sinking feeling -MV Rajeev Gowda & Salman Soz
-The Hindu In contrast to its pronouncements, the government’s own data suggest the economy is in a deep hole Prime Minister Narendra Modi, in his Independence Day address, spoke triumphantly about how demonetisation drove ?3 lakh crore of unaccounted money into the banking system. The Reserve Bank of India (RBI) is still counting old notes, and unaccounted money cases are ongoing. Thus, this number is at best a guesstimate, and cannot be...
More »Bengal's rice revivalists -Indrajit Sen
-Mumbai Mirror A behind the scenes look at what’s driving the region’s return to traditional paddy techniques. It’s certainly not the global shift towards organic cultivation. A recent study conducted by Harvard University has established that consuming just one cup of white rice (polished rice) a day can put you at risk of diabetes, regardless of your nationality or whether you have a family history of the disease. Bhairav Saini lives in...
More »At the Heart of Rural Discontent Is the Creeping Crisis in Household Agriculture -Anirudh Krishna
-TheWire.in A substantial decline in the share of agriculture in a farm family’s income and the lack of quality education has eroded hopes of a better future for a majority of India’s farmers. While the government pays lip service to the image of the Indian farmer – picture the stalwart yeoman, “Bharat,” hefting a wooden plough on his shoulder – in fact, the conditions of farm families have been in secular decline...
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