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Cash Crunch: Measuring the impact of notebandi on domestic agricultural markets -Harish Damodaran

-The Indian Express First-ever comprehensive study pegs produce trade losses in mandis from demonetisation at 7-15%. Demonetisation led to the value of farm produce traded in mandis across India collapse by nearly 15 per cent within a week of the decision, with these losses averaging 7 per cent even at the end of 90 days, according to a just-published Indira Gandhi Institute of Development Research (IGIDR) working paper. The study, which crunches data...

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A bitter harvest: low prices leave farmers seething -Vishwanath Kulkarni

-The Hindu Business Line Market rates have fallen below MSP levels due to demonetisation hangover, poor offtake Bengaluru: The Narendra Modi government is finding it hard to live up to its promise of doubling farm incomes by 2022 given the challenge it faces in addressing the unremunerative prices of farm produce. The kharif harvest began a little over a month ago, and already the prices of a majority of the crops have slipped...

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Future prospects basis for mishap payouts, says SC

-The Times of India NEW DELHI: In a verdict intended to provide "just" compensation to victims of road accidents, the Supreme Court ruled on Tuesday that compensation will be based on the future prospects of a deceased person rather than only loss of present income. A five-judge bench comprising Chief Justice Dipak Misra and Justices A K Sikri, A M Khanwilkar, D Y Chandrachud and Ashok Bhushan framed guidelines for making an...

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World lost 2.3 million sq km of forested land to drought in last three decades -Subhojit Goswami

-Down to Earth Successive droughts lead to a substantial and unsustainable expansion of cropland at the expense of forested lands “Droughts are misery in slow motion” with impacts even deeper than previously believed. Although floods pose major economic threats, water scarcity and drought may be causing long-term harm in ways that are poorly understood and inadequately documented, claims Uncharted waters: the new economics of water scarcity and variability, a report by...

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Nutrition red flag in survey -GS Mudur

-The Telegraph New Delhi: The prevalence of low body weight, stunting and wasting is "significantly higher" among children from the Scheduled Castes and Scheduled Tribes, according to a government survey that nutrition experts say underscores challenges that demand solutions beyond just the availability of more food. The survey, carried out this year, has documented 39 per cent stunting (impaired growth with possible long-term impacts) among boys below five years from Dalit households...

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