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Higher food prices accelerate retail inflation in October

-The Economic Times Consumer inflation touched a seven-month high in October denting hopes of rate cut when the Reserve Bank of India reviews the monetary policy next month. Retail inflation, as measured by the consumer price index (CPI) rose to 3.58% in October from 3.28% in September, data released by the government showed. “While we expect the RBI’s March 2018 projection to be revised down a notch, but October’s CPI and the likelihood...

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Apex court lens on 99 pesticides

-The Telegraph New Delhi: A petition seeking a Ban on 99 pesticides already outlawed or restricted in advanced nations has prompted the Supreme Court to seek responses within four weeks from the ministries of agriculture and chemical-and-fertilisers besides the Central Insecticides Board. These pesticides are killing hundreds in India and causing serious illness to thousands, the bench of Chief Justice Dipak Misra and Justices A.M. Khanwilkar and D.Y. Chandrachud heard on Monday. Moved...

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Loan waiver is not the solution -Anjani Kumar and Seema Bathla

-The Hindu We need to revisit the credit policy with a focus on the outreach of Banks and financial inclusion Since Independence, one of the primary objectives of India’s agricultural policy has been to improve farmers’ access to institutional credit and reduce their dependence on informal credit. As informal sources of credit are mostly usurious, the government has improved the flow of adequate credit through the nationalisation of commercial Banks, and the...

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Delhi's shiny happy sarkari schools -P Anima

-The Hindu Business Line After decades of neglect, Delhi’s government schools are finally turning the page with much-needed improvements to facilities and teaching methods. But problems such as staff shortage and a broken primary education system refuse to go away easily Delhi’s bustling IP Extension has a familiar skyline — a linear arrangement of ageing residential complexes. A gleaming new building in their midst catches the eye. Until recently, the Rajkiya Sarvodaya...

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Where Do Nepal and Bhutan Stand One Year After Demonetisation? -Devirupa Mitra

-TheWire.in While Nepal is still awaiting a way to return the Banned notes, Bhutan has curbed the use of the new high-denomination notes. New Delhi: When Prime Minister Narendra Modi announced that India would demonetise over 80% of its Bank notes on November 8, 2016, two neighbouring nations were also taken by surprise. Nepal and Bhutan both have significant reserves and usage of Indian currency, with the latter giving it the status of...

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