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Pulses farmers' profit falls sharply in 2016-17 due to adverse govt policies, record harvest: CRISIL -Sayantan Bera

-Livemint.com Average profit margin of farmers on all pulse varieties except gram (chickpeas) fell by 30% in 2016-17 year-on-year due to a record harvest and adverse government policies, said the CRISIL report New Delhi: The profitability of poor farmers in India who are dependent on rain-fed irrigation and grow pulses fell sharply during 2016-17 due to a record harvest and adverse government policies, said a report released on Monday. Average profit margin of...

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Lucas Chancel, economist working on inequality, interviewed by Sanjay Vijayakumar (The Hindu)

-The Hindu The top 1% of earners captured less than 21% of total income in the late 1930s, before dropping to 6% in the early 1980s and rising to 22% today, says renowned economist Lucas Chancel According to a research paper by renowned economists Thomas Piketty and Lucas Chancel, income inequality in India is at its highest level since 1922, the year the Income Tax Act was passed. In December, they will...

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Over 4.5 million Maharashtra farmers enrol for farm loan waiver -Abhiram Ghadyalpatil

-Livemint.com 3.9 million of these 4.5 million Maharashtra farmers applied for farm loan waivers online Mumbai: Even as opposition parties in Maharashtra continue to criticize the online procedure to identify the beneficiaries of farm loan waiver, farmers themselves have responded in large numbers to the initiative. By 30 August, more than 4.5 million farmers in the state had enrolled for the scheme and nearly 3.9 million of them had submitted their online...

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The Truth About Demonetisation -Prabhat Patnaik

-Newsclick.in After months of dilly-dallying the Reserve Bank of India has finally come out with the figure that nearly 99 percent of the currency notes demonetised in November 2016, came back to the banking system. After months of dilly-dallying the Reserve Bank of India has finally come out with the figure that nearly 99 percent of the currency notes demonetised in November 2016, came back to the banking system. The total value...

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What's at stake in Hyderabad -Feroz Ali

-The Hindu India must counter Japan’s U.S.-style pressure at the RCEP talks and ensure affordable generic medicines Leaked texts are like leaked gases — you may never find the one responsible for it, but the mayhem caused by its release is hard to contain. Unsurprisingly, all public discussions on the Regional Comprehensive Economic Partnership (RCEP) are centred around leaked documents. As India negotiates the RCEP — a free trade agreement that looks...

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