-The Financial Express New Delhi: Despite India being the world’s largest milk producer for the past many years, a majority of small dairy farmers in the country continue to remain outside the formal credit system of commercial banks and financial institutions, a joint study the National Institute of Agricultural Economics and Policy Research (NIAP) and the International Food Policy Research Institute (IFPRI) has stated. The study ‘Formal versus Informal: Efficiency, inclusiveness, and...
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Right to Food activists demand for safeguards to reduce hardships of demonetisation
A press statement issued from the Right to Food Campaign on 27 December, 2016 says that the demonetisation of old currency notes of Rs. 500/- and Rs. 1000/- denomination wreaked havoc on the livelihood security of the poor people. The labouring and toiling masses, who are mostly engaged in the informal sector, have been adversely affected due to the scrapping of old currency notes of Rs. 500/- and Rs. 1000/-...
More »Cash Crunch: Slowdown, more pain ahead, warns Kaushik Basu -George Mathew & Priyanka Sahoo
-The Indian Express According to him, the currency shortage in the country is unlikely to ease any time in the near future. Mumbai: India’s former Chief Economic Advisor and former chief economist of the World Bank, Kaushik Basu has warned the government that the economy would take a turn for the worse next year besides greater suffering for people in the days ahead and of a new form of corruption building...
More »Accounting for natural capital -Prakash Nelliyat
-The Hindu Biodiversity integration into developmental plans is crucial for sustainable development In a ‘Mann Ki Baat’ broadcast recently, Prime Minister Narendra Modi made his environmental concerns clear when he asked people to use Ganesha and Durga idols made of clay instead of plaster of Paris. His appeal is bound to stimulate our environmental consciousness and encourage the preservation of precious natural resources. We need to build on this appeal and follow...
More »Utsa Patnaik, professor emeritus at Jawaharlal Nehru University, interviewed by TK Rajalakshmi
-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...
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