-The Economic Times Pune: Pulses traders have demanded lifting of the decade-old ban on export of the commodity as prices of all varieties, except chana, have fallen below the minimum support price (MSP). They have cautioned that if prices continue to remain subdued, farmers might shift to other crops. “The government should allow export of pulses to support prices,“ said Bimal Kothari, vice-president of Indian Pulses and Grains Association. India had banned export...
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After demonetisation 479 complaints filed against hospitals: Maharashtra govt -Tabassum Barnagarwala
-The Indian Express Maximum complaints from patients in Mumbai, many had travelled to the city for surgery carrying cash. Mumbai: A total of 479 patients from across Maharashtra have filed complaints of refusal of treatment against hospitals in the state after the Centre’s demonetisation move on November 8. Maximum complaints came from patients in Mumbai, several of whom had travelled to the city for surgery carrying cash. Over 73 complaints against private...
More »Two BJP state govts commissioned note ban research months before Nov 8 -Nitin Sethi & Ishan Bakshi
-Business Standard States sent initial queries for research to NIPFP in Feb-March; Work on research started around July New Delhi: Months before demonetisation, in February-March, the Madhya Pradesh and Haryana state governments had approached the National Institute of Public Finance and Policy (NIPFP) to evaluate Pune-based NGO ArthaKranti’s proposals, which include the withdrawal of high-denomination notes. The initial queries for conducting the research from the two Bharatiya Janata Party (BJP) state governments went...
More »Cheque payments making farmers' lives more difficult -Madhvi Sally & Jayashree Bhosale
-The Economic Times NEW DELHI | Pune: Post demonetisation, Manjit Singh, a farmer in Punjab, is grappling with a new financial reality — a queer mix of debit and credit in cashstarved villages where farmers are beginning to get some payments in cheques while their suppliers want currency notes. The vegetable and paddy farmer from Malerkotla is yet to receive Rs 35,000 from commission agents who took his produce. He has bought...
More »Veggie wholesale rates crash, retail prices only dip in cities -Subodh Varma
-The Times of India In the finely balanced but lucrative economy of vegetable and fruit trade, demonetisation has had a bizarre effect. In distant rural areas, local vegetable prices — both wholesale and retail — have crashed as the oxygen of currency has been suddenly sucked out. Since the whole economy depended on cash, from transport to mandis to purchase prices, this is unsurprising. But in cities, where there is more liquidity,...
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